The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

CryptoMedium•21 March 2026•

1 min read

BitMine Discloses $6.6B Ethereum Stake, Controlling 3.8% of Total Supply

A grand hall with golden gates featuring Bitcoin and Ethereum logos, flanked by Charles Schwab screens and computer workstations.

Key Facts

1BitMine Immersion Technologies disclosed holdings of 4.596 million Ethereum (ETH) tokens.

2These holdings represent approximately 3.81% of the total global Ethereum supply.

Version History

2 additional sources confirmed this story

BitMine Immersion Technologies ($BMNR) has officially disclosed a massive holding of 4.596 million Ethereum (ETH) tokens, valued at approximately $6.6 billion. This significant position represents roughly 3.81% of the total global Ethereum supply, positioning the company as a major institutional player in the network. The disclosure brings the company's total digital asset portfolio value to nearly $10 billion. According to the report, BitMine's strategy focuses on institutional staking yields and the long-term growth of the Ethereum ecosystem. By committing such a large volume to staking strategies, the company effectively reduces the liquid supply of ETH available in the market. This move underscores growing institutional confidence in Ethereum as a primary yield-bearing asset for long-term portfolios.