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CryptoMediumUpdated•Originally published 5 October 2026•Updated 5 October 2026•
1 min read

Bitmine Treasury Surpasses 6 Million ETH Milestone

Key Facts

1Bitmine Immersion Technologies increased its Ethereum treasury to 6,016,414 ETH after purchasing an additional 15,112 tokens over the past week.
2The market value of the company's ETH holdings is approximately $13.8 billion, bringing it closer to its 5% total supply ownership target.

Bitmine Immersion Technologies increased its Ethereum treasury to 6,016,414 ETH after purchasing an additional 15,112 tokens over the past week. According to crypto.news, the market value of the company's holdings is approximately $13.8 billion, bringing it closer to its strategic target of owning 5% of the total ETH supply.

BMNP closed at $99.48 on October 2, 2026, with the stock reaching a day high of $99.67 and a low of $99.15. These price levels coincide with the company's ongoing execution of its long-term accumulation strategy, as it currently holds approximately 4.9% of the available Ethereum supply.

Latest Updates · 1

  1. Notable·

    Update: Tom Lee pointed to Bitmine's execution of a 21 million share buyback so far in 2026. This move, occurring alongside the Ethereum treasury expansion, indicates a dual strategy of enhancing shareholder value while maintaining aggressive digital asset accumulation.