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      Bitmine Increases Ethereum Holdings to Over 6 Million ETH

      Bitmine Immersion Technologies, listed on the New York Stock Exchange under the ticker BMNR, reported a significant increase in its Ethereum holdings, surpassing 6 million ETH as of October 4, 2026. The company now holds a total of 6,016,414 ETH, valued at approximately $16.4 billion, which represents 4.9% of the total Ethereum supply of 122.1 million. This figure is just 1% shy of the company's target of 5%.

      In addition to its Ethereum assets, Bitmine's total cryptocurrency portfolio, along with cash and tradable securities, amounts to $17.4 billion. This includes 214 BTC, $643 million in cash and tradable securities, and equity stakes in Beast Industries and Eightco Holdings, valued at $180 million and $117 million, respectively.

      Currently, Bitmine has staked 5,067,309 ETH, which is approximately $13.8 billion. This staking is managed through the company's proprietary institutional-grade platform, MAVAN, which offers a 7-day annualized yield of 2.63%. The expected annualized yield from staking is projected to be around $363 million, potentially increasing to $431 million when fully staked.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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