Bitmine nears 5% ETH supply ownership with $15.1B crypto holdings and $12B staked ETH, expecting a major crypto bull market.

Bitmine Immersion Technologies announced it owns 4.9% of the total Ethereum supply, holding 6.04 million ETH worth $15.1 billion including cash and other assets. The company has staked over 5 million ETH valued at $12 billion through its MAVAN platform, aiming to reach 5% of total ETH supply. Bitmine expects a significant upcoming crypto bull market, supported by institutional investors and its continuous ETH acquisitions since mid-2025. The company also invests in blockchain ventures and provides institutional staking infrastructure, positioning itself as a leading player in the crypto space.

Bitmine Immersion Technologies Inc. common stock is trading at USD 22.04 on Pluang as of Oct 19, 2026 19:41 WIB. The stock has gained 1.75% in the past day, showing positive momentum. Its market capitalization stands at $13.07 billion, reflecting substantial investor interest in the company.