Bitmine Ether Holdings Reach 6.03 Million Tokens, Nearing 5% Supply Target

Bitmine Immersion Technologies announced its total Ethereum holdings reached 6,028,946 tokens, representing about 4.9% of Ethereum's 122.1 million circulating supply. Total crypto, cash, and marketable securities reached $16.2 billion as of October 11, 2026. The milestone followed the purchase of 12,532 ETH over the prior week for about $31.9 million at $2,544 per token. Bitmine disclosed that 5,067,309 ETH valued at $12.9 billion is actively staked, generating an estimated $336 million in annualized revenue. Chairman Tom Lee stated the accumulation program will finish after acquiring approximately 100,000 more tokens to hit its 5% goal.