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Bitmine Says ETH Treasury Exceeds Six Million Coins

Bitmine Immersion Technologies filed an update with the SEC on October 26, 2026, saying it held approximately 6.05 million ETH. The company said it had added 10,452 ETH during the week and estimated its holdings at about 4.95% of Ethereum’s circulating supply. It also reported that 5,227,037 ETH was staked through its MAVAN platform and staking partners.

Bitmine put its combined crypto, cash, marketable securities and other investments at about $15 billion for the stated measurement period. These are company-supplied snapshots, not real-time values; the dollar figure can change with ether’s price even if token holdings do not. Staked ETH is not an unconditional cash balance available to shareholders, and staking carries operational, lockup and protocol-related risks.

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