Bitmine Reports 4.9% of ETH Supply in $15.6 Billion Portfolio

  • Bitmine reported 5,901,112 ETH worth about $14.8 billion at $2,511 per token, representing 4.9% of the 120.7 million total ETH supply.
  • The company said it bought 53,501 ETH during the previous week and reported 5,067,309 ETH staked, or approximately 86% of its holdings.
  • Bitmine said it had bought ETH for 65 consecutive weeks, while separately reported 51,000-ETH and 20,000-ETH transfers remained unconfirmed by the company.

Bitmine Immersion Technologies said its cryptocurrency, cash, marketable securities and Moonshot investments totaled $15.6 billion as of Aug. 30, 2026, including 5,901,112 ETH valued at $2,511 each, 211 BTC, $541 million in cash and marketable securities, a $180 million investment in Beast Industries and an $81 million investment in Eightco Holdings (NASDAQ: ORBS). The ETH holdings represented 4.9% of the total 120.7 million ETH supply, putting Bitmine 98% of the way toward its Alchemy of 5% objective. The company said it bought 53,501 ETH during the previous week and had purchased ETH in each of the 65 weeks since launching its Ethereum treasury strategy on June 30, 2025. It also reported 5,067,309 ETH staked, worth $12.7 billion at the stated ETH price and representing about 86% of its holdings, through its MAVAN institutional staking and validation platform. Chairman Thomas "Tom" Lee cited the planned mid-September 2026 CLARITY Act vote, renewed Korean crypto buying, tokenization and agentic artificial intelligence as potential catalysts, while the company said its market, staking and performance projections remain forward-looking and subject to digital-asset, regulatory, technology and macroeconomic risks. Separately, Lookonchain and Onchain Lens flagged potentially Bitmine-linked transfers involving 51,000 ETH and 20,000 ETH, respectively, but Bitmine has not officially confirmed either transaction.

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