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BitMine reaches 5.82M ETH holdings
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BitMine reaches 5.82M ETH holdings

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  • BitMine bought 9,926 Ether last week, lifting its holdings to 5.82 million ETH.
  • The holdings now equal about 4.8% of Ethereum’s circulating supply and are worth about $11 billion.
  • BitMine is staking more than 5 million ETH and projects $287 million in yearly rewards.

BitMine Immersion Technologies bought 9,926 Ether, lifting its holdings to 5.82 million ETH.

The holdings equal about 4.8% of Ethereum’s circulating supply and are worth roughly $11 billion.

The latest purchase brings BitMine closer to its goal of holding 5% of Ethereum’s total supply.

BitMine has continued buying Ether each week since launching its Ethereum treasury strategy in June 2025.

The company is also staking more than 5 million ETH, worth about $9.6 billion at current prices.

Based on a 2.61% seven-day staking yield, BitMine projects about $287 million in annual rewards.

However, BitMine has more than $8.4 billion in unrealised losses on its Ether holdings, according to industry data.

At the time of reporting, Ethereum price was $1,909.43.

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