Bitmine’s ETH holdings reach 4.9% of total supply as assets hit $15.6 billion

  • Bitmine reported $15.6 billion in cryptocurrency, cash, securities and Moonshot assets.
  • 5,901,112 ETH represented 4.9% of the 120.7 million total supply.
  • Bitmine bought 53,501 ETH last week and has purchased ETH for 65 consecutive weeks.

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 Bitcoin, $541 million in cash and marketable securities, a $180 million stake in Beast Industries and an $81 million stake in Eightco Holdings (NASDAQ: ORBS). Its ETH holdings represented 4.9% of the total 120.7 million ETH supply, bringing the company 98% of the way toward its Alchemy of 5% objective. Bitmine said it bought 53,501 ETH in the previous week and had purchased ETH every week for 65 weeks since launching its treasury strategy on June 30, 2025. The company reported 5,067,309 staked ETH, worth $12.7 billion at the stated ETH price, and said current annualized staking income was estimated at $335 million. MAVAN (Made in America VAlidator Network), launched in early 2026, was initially built for Bitmine’s treasury and is intended to serve institutional investors, custodians and ecosystem partners. Chairman Thomas "Tom" Lee said ETH had outperformed the S&P 500 by 5,430 basis points through the previous Friday and identified tokenization, agentic AI, the planned mid-September CLARITY Act vote and anticipated Korean crypto buying as potential positive drivers for the final months of 2026. The company also said it was admitted to the Russell 1000 Large-Cap Index on June 26, 2026, while its Series A preferred shares trade on the NYSE under BMNP.

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