Bitmine reports $17.1 billion portfolio, including 4.9% of ETH supply

  • Bitmine reported a $17.1 billion portfolio, including 5,983,940 ETH, 212 BTC, moonshot investments, and $714 million in cash and marketable securities.
  • The company said its ETH represented 4.9% of Ethereum's 122.1 million total supply, with 5,067,309 ETH worth $13.6 billion, or 85% of its holdings, staked at a 2.62% annualized seven-day yield.
  • Bitmine said it had purchased ETH for 68 consecutive weeks and reached 98% of its 5% Alchemy target, while estimating $357 million in annualized staking revenue and about $421 million if its full position were staked through MAVAN and partners.

Bitmine Immersion Technologies said its cryptocurrency, cash, marketable securities and moonshot investments totaled $17.1 billion as of September 20, 2026, at 9 p.m. Eastern time. The portfolio included 5,983,940 ETH valued at $2,688 per token, representing 4.9% of Ethereum's 122.1 million total supply; 212 BTC; stakes of $180 million in Beast Industries and $105 million in Eightco Holdings (NASDAQ: ORBS); and $714 million in cash and marketable securities. Bitmine said 5,067,309 ETH, or 85% of its holdings, was staked, with an annualized seven-day yield of 2.62%. The company said it had purchased ETH every week since launching its treasury strategy on June 30, 2025, including 27,562 ETH during the preceding week, and described the 68-week purchase streak as 98% progress toward its 5% Alchemy target. Bitmine estimated annualized staking revenue at $357 million, potentially rising to about $421 million if its full ETH position were staked through MAVAN and partners. Statements about future staking revenue, Ethereum's performance, institutional exposure, acquisitions and regulatory developments are forward-looking and subject to market, operational and regulatory risks.

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