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BitMine nears 5% Ethereum holding goal with 6M ETH and $13.8B staked assets.

Protocol Fundamentals
12 Oct 2026
Tokenpost
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Bullish
BitMine nears 5% Ethereum holding goal with 6M ETH and $13.8B staked assets.

BitMine Immersion Technologies held 6,016,414 ETH as of October 4, 2026, close to its goal of owning 5% of Ethereum's total supply, which is about 6,105,000 ETH. The company has been buying ETH weekly since June 30, 2025, acquiring 15,112 ETH in the week before October 4. BitMine has staked 84% of its holdings, valued at $13.8 billion, projecting $363 million in annualized staking revenue at a 2.63% yield. This strategy creates demand for ETH and generates staking rewards, though the impact on price and liquidity is unclear. BitMine values its total crypto and related assets at $17.4 billion.

BitMine's Ethereum holdings near 6 million ETH as of October 4, 2026. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 12, 2026 17:41 WIB: 37 of 50 major cryptocurrencies rose today. Notable movers include EOS at Rp12.649 (+8.13%), AVAX at Rp197.129 (+7.11%) with 71% buy orders, and CAKE at Rp42.592 (+6.58%).

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