CryptoMedium•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 announced it holds 6.03 million Ethereum tokens, representing approximately 4.9% of the total ETH supply. According to a company statement via PR Newswire, total holdings including crypto, cash, and marketable securities reached a valuation of $16.2 billion as the firm nears its strategic goal of acquiring 5% of all circulating ETH.
The company's portfolio includes 5.07 million staked ETH tokens valued at approximately $12.9 billion, managed through its MAVAN validator network. In equity markets, BMNP closed at $99.53 on October 9, 2026, while Galaxy Digital (GLXY) closed at $20.33 and Eightco Holdings (ORBS) closed at $0.84 on the same date.