CryptoMediumUpdated•Originally published 12 October 2026•Updated 12 October 2026•
1 min read
Bitmine Immersion Holds 4.9% of Total Ethereum Supply Valued at $16.2 Billion
Key Facts
1Bitmine announced it holds 6.03 million ETH tokens, representing approximately 4.9% of the total ETH supply.
2The company's total crypto, cash, and marketable securities holdings are valued at $16.2 billion.
3The company has 5.07 million staked ETH tokens, valued at approximately $12.9 billion.
Bitmine Immersion Technologies purchased 12,532 additional Ethereum tokens last week, bringing its total treasury to 6,028,946 tokens. This position represents approximately 4.9% of the total ETH supply, leaving the firm just 76,000 tokens short of its strategic goal to acquire 5% of all circulating ETH.
The company's total holdings across crypto, cash, and securities reached a $16.2 billion valuation according to a statement via PR Newswire, including 5.07 million staked ETH tokens managed through its MAVAN network. In equity markets, BMNP closed at $99.53 on October 9, 2026, while Galaxy Digital (GLXY) closed at $20.33 on the same date.