Bitmine acquired 76,881 ETH over the past week, raising total holdings to 5,620,754 ETH. The company now controls approximately 4.66% of Ethereum’s circulating supply. More than 4.71 million
- Bitmine acquired 76,881 ETH over the past week, raising total holdings to 5,620,754 ETH.
- The company now controls approximately 4.66% of Ethereum’s circulating supply.
- More than 4.71 million ETH are currently staked, valued at roughly $8.1 billion.
- Total crypto assets, cash, marketable securities, and strategic investments reached approximately $10.4 billion.
- A preferred stock offering generated approximately $273.8 million in net proceeds.
- Bitmine said it has achieved about 93% of its goal of owning 5% of Ethereum’s total supply.
Bitmine Immersion Technologies (NYSE: BMNR) disclosed that it purchased an additional 76,881 ETH during the week ended June 14, 2026, increasing its total Ethereum holdings to 5,620,754 ETH.
Based on the company’s reported valuation of $1,718 per ETH, its Ethereum treasury is worth approximately $9.65 billion. The latest acquisition increased Bitmine’s ownership stake to roughly 4.66% of Ethereum’s circulating supply of 120.7 million ETH.
Assets Under Management Exceed $10.4 Billion
As of June 14, Bitmine reported approximately $10.4 billion in combined crypto assets, cash, marketable securities, and strategic investments.
The company’s disclosed holdings include:
- 5,620,754 ETH valued at approximately $9.65 billion
- 204 BTC
- $502 million in cash and marketable securities
- $180 million stake in Beast Industries
- $88 million stake in Eightco Holdings
Bitmine said it is approximately 93% of the way toward its stated objective of acquiring 5% of Ethereum’s total supply. Total holdings increased from 5.54 million ETH in the company’s previous update to 5.62 million ETH following the latest purchase.
Strategy recently acquired 1,587 BTC for approximately $100 million, increasing its total Bitcoin holdings to 846,842 BTC. The latest purchase reinforces the company’s status as the largest corporate Bitcoin holder and highlights its ongoing commitment to a long-term accumulation strategy.
Staked Ethereum Tops 4.7 Million ETH
The company reported that 4,718,677 ETH are currently deployed in staking operations, representing more than 83% of its total Ethereum holdings. At the reported valuation, the staked assets are worth approximately $8.1 billion.
Bitmine said its staking portfolio generated a seven-day annualized yield of 2.79%. Based on current staking levels, the company estimates annualized staking rewards of approximately $226 million. The staking operations are supported by MAVAN (Made in America VAlidator Network), Bitmine’s institutional Ethereum validation platform.
Preferred Stock Offering Raises $274 Million
Separately, Bitmine completed the sale of 3.5 million shares of its 9.50% Series A Perpetual Preferred Stock, generating approximately $273.8 million in net proceeds after expenses.
The preferred shares are expected to begin trading on the New York Stock Exchange under the ticker BMNP on June 16, 2026. The company said staking revenues are expected to contribute to future dividend payments associated with the offering.
The latest purchase further expands Bitmine’s position as one of the largest publicly disclosed corporate holders of Ethereum, reflecting continued institutional interest in ETH accumulation and staking-based treasury strategies.
Ethereum Gains Over 7% in 24 Hours as Bullish Momentum Continues
ETH GraphAt the time of writing (1:13 PM UTC), Ethereum (ETH) was trading at approximately $1,787.68, reflecting a 7.24% increase over the past 24 hours. On a weekly basis, ETH was priced around $1,795.36, marking a 6.02% gain over the last seven days. The sustained upward movement highlights growing bullish sentiment in the market, with Ethereum continuing to attract investor interest amid broader crypto market strength.