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Bitmine's ETH holdings hit 5.98M tokens, nearing 5% of total supply with $17.1B in assets and $357M staking revenue.

Protocol Fundamentals
21 Sep 2026
Blockonomi
View Source
Bullish
Bitmine's ETH holdings hit 5.98M tokens, nearing 5% of total supply with $17.1B in assets and $357M staking revenue.

Bitmine, a NYSE-listed company, now holds 5.98 million ETH tokens, representing 4.9% of Ethereum's total supply, and has staked 85% of these holdings. The firm reported $17.1 billion in combined crypto, cash, and investments, with weekly ETH purchases pushing it close to its 5% supply target. Bitmine's staked ETH generates projected annual rewards of $357 million, highlighting its significant position in the Ethereum ecosystem. Chairman Tom Lee anticipates increased institutional crypto exposure in late 2026 amid a crypto bull market and strong ETH performance.

Bitmine's Ethereum holdings and staking activity provide context for cryptocurrency market trends. For readers following major cryptocurrencies, 47 of 50 priced assets on Pluang rose today. Notable movers include BAL at Rp16.297 with an 11.14% increase and ONE at Rp79 with a 10.86% rise, as of Sep 21, 2026 19:56 WIB.

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