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Bitmine's ETH holdings hit 6.04M tokens, total assets reach $15.1B amid bullish crypto outlook

Market News
19 Oct 2026
Coincu
View Source
Bullish
Bitmine's ETH holdings hit 6.04M tokens, total assets reach $15.1B amid bullish crypto outlook

Bitmine Immersion Technologies announced its Ethereum holdings have reached approximately 6.04 million tokens, representing 4.9% of the total ETH supply, with total crypto, cash, and marketable securities valued at $15.1 billion. The company continues to acquire ETH weekly and has staked over 5 million ETH through its MAVAN platform, generating significant staking rewards. Bitmine's chairman highlighted a bullish outlook for crypto, expecting the current cycle to be the largest, supported by strong fundamentals despite recent market volatility. The company aims to acquire 5% of the total ETH supply and expand its institutional staking services.

Bitmine Immersion Technologies' crypto holdings provide context for readers, with Pluang market data as of Oct 19, 2026 20:22 WIB showing that out of 50 major cryptocurrencies priced on Pluang, 31 rose and 18 fell. Notable movers include CRV at Rp6.334 (+3.99%), SAND at Rp1.076 (-3.86%), and DOT at Rp20.386 (+3.30%). The most notable figure is DOT's Pluang order activity at 89% Buy.

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