News · Institutions & ETFs
The NYSE-listed firm has amassed 4.9% of total circulating ether in 15 months and staked over 5 million tokens.
Key point 1 of 3
01
Bitmine holds 6,001,302 ETH, representing 4.9% of the circulating ether supply, as part of a $17.2 billion asset reserve.
Key point 2 of 3
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The company has staked 5,067,309 ETH, yielding a projected $358 million in annualized staking revenue at a 2.62% 7-day rate.
Key point 3 of 3
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Treasury reserves also include 213 BTC, $672 million in cash and securities, and equity stakes in Beast Industries and Eightco.
Context
Bitmine started accumulating ether systematically on June 30, 2025, attempting to acquire 5% of the total circulating supply under its corporate treasury strategy.
Why it matters
With over 5 million ETH locked into validators via MAVAN and institutional partners, Bitmine removes substantial float from circulating liquidity while generating yield.
What to watch
Chairman Thomas Lee's keynote address at Korea Blockchain Week on Sept. 30, 2026, and the company's progress toward closing the remaining 2% gap of its 5% accumulation target.
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