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Bitmine Reports $13.3 Billion in Crypto Holdings and Investments

According to Bitmine, the company holds 5,078,386 ETH, has staked 3,701,589 ETH, and is targeting ownership equal to 5% of Ethereum’s supply as it accelerates purchases.

ETH

Fact Check
The claim is strongly supported by the primary Bitmine announcement on PR Newswire, which states that the company’s ETH holdings reached 5.078 million tokens and that total crypto and cash holdings were $13.3 billion. The PANews article specifically matches the claim’s weekly-change detail, reporting BitMine added 101,901 ETH over the past week, had about 3.7 million ETH staked, and was targeting 5% of Ethereum supply, while citing the original PR Newswire release. Odaily independently reports closely matching figures, including 5,078,386 ETH and 3,701,589 staked. The WSJ-hosted version of the announcement corroborates the same core numbers. No contradictory evidence was found.
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Summary

Bitmine said its crypto-related positions total $13.3 billion and that it holds 5,078,386 ETH, valued by the company at $2,369 per token. Chairman Thomas Lee said Bitmine crossed 5 million ETH during the past week after buying 101,901 ETH, describing the accumulation pace as the strongest since the week of Dec. 15, 2025 and part of a longer-term goal to acquire 5% of Ethereum’s supply. The company said 3,701,589 ETH was staked as of April 26, 2026, worth about $8.8 billion at the same reference price, with annualized staking revenue at $264 million. Separately, earlier on-chain reporting from Onchain Lens said Bitmine later staked an additional 113,808 ETH, lifting total staked holdings to 3,815,397 ETH, indicating the staking position increased after the company’s stated April 26 figure.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions, fees, smart contracts, and staking.
  • Staked ETH: ETH locked in Ethereum’s proof-of-stake system to help validate the network and generate staking rewards.
  • store of value: An asset viewed as able to preserve value over time, a concept Bitmine cited in discussing Ethereum’s investment case.