BitMine's Ether Holdings Hit 5.93M ETH, About 4.9% of Total Supply
AI Market Summary
BitMine disclosed holdings of 5,929,198 ETH (about 4.9% of supply) and continued weekly purchases since June 30, 2025, reinforcing the institutional-treasury bid for ETH. With ~85% of holdings staked and projected annualized staking revenue near $330M, the announcement highlights tightening liquid float and growing participation in network yield, which can influence near-term liquidity and positioning in ETH-linked markets.
Impact level
● High
Affected assets
ETH/USDT+0.90%
AI Insight · ETH/USDTAI Insight
▲ Bullish
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BitMine, the largest corporate holder of Ethereum, reported it held 5,929,198 ETH as of Sept. 7. At $2,495 per ETH, the position was valued at about $14.79 billion and equaled roughly 4.9% of Ethereum's estimated 122 million total supply.
The company said it added 28,086 ETH over the past week and has purchased ETH every week since launching its treasury strategy on June 30, 2025.
BitMine also reported holdings of 211 BTC and about $593 million in cash and marketable securities. Total crypto, cash, marketable securities and other investments stood at roughly $15.7 billion.
As of Sept. 7, BitMine had staked 5,067,309 ETH, about 85% of its Ether balance. Based on current conditions, annualized staking revenue is projected at approximately $330 million.
