How much ETH does Bitmine now hold?

Bitmine holds 5,206,790 ETH, worth roughly $12.08B at current prices, after buying another 26,659 ETH ($61.88M) last week.

What share of total ETH supply does Bitmine control?

Bitmine's holdings represent more than 4.31% of the 120.7M total ETH supply, putting the company 86% of the way to its 'Alchemy of 5%' target just 11 months in.

How much of Bitmine's ETH is staked?

Bitmine has staked 4,712,917 ETH — 90.51% of its total holdings — locking the bulk of the position in validators and earning native yield.

Bitmine Immersion Technologies (BMNR) is chaired by Tom Lee of Fundstrat, making it the largest publicly disclosed ETH treasury vehicle in the market.

Why does the staking ratio matter for ETH price?

With 90.5% of Bitmine's ETH locked in validators rather than held liquid, a large slice of supply is removed from circulation and accruing yield — a structural supply-side constraint rather than a sellable float.

🔥BULLISH 45d ago

Lookonchain

Bitmine Adds 26,659 ETH, Pushes Holdings Past $12B

Bitmine now sits on 5.21M ETH — over 4.3% of the total supply — and has staked 90.5% of it, the closest any public vehicle has come to sweeping a major cap onchain.

Zipp Editorial Aggregated from Lookonchain

Bitmine Adds 26,659 ETH, Pushes Holdings Past $12B

Tom Lee's Bitmine bought 26,659 ETH, worth $61.88M, last week, bringing its cumulative ETH holdings to 5,206,790 — roughly $12.08B at current prices. The company has staked 4,712,917 of those ETH, or 90.51% of its stash, generating native yield on the bulk of the position.

Why it matters

Bitmine's ETH pile now represents more than 4.31% of the 120.7M total ETH supply, putting the firm 86% of the way to its stated "Alchemy of 5%" target just 11 months in. That scale makes Bitmine the largest publicly disclosed ETH treasury vehicle on the market — a counterpart, on the Ethereum side, to the corporate-Bitcoin-treasury playbook that defined the last cycle.

Market impact

The 26,659 ETH weekly add is small relative to the existing position, but the staking ratio is the real signal: 90.5% of Bitmine's ETH is locked in validators, not sitting on a hot wallet waiting to be sold. For ETH supply dynamics, that means a large slice of the float is effectively removed from circulation and accruing yield rather than available for liquidation. The next milestones to watch are the 5% supply target and whether other public vehicles — or ETH-adjacent DeFi treasuries — start replicating the model.

Source: [Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.21 Million Tokens, and Total Crypto and Total Cash Holdings of $13.4 Billion](https://www.prnewswire.com/in/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-21-million-tokens-and-total-crypto-and-total-cash-holdings-of-13-4-billion-302767842.html)

$ETH #Ethereum #InstitutionalFlow #Bitmine

Frequently asked questions

How much ETH does Bitmine now hold?

Bitmine holds 5,206,790 ETH, worth roughly $12.08B at current prices, after buying another 26,659 ETH ($61.88M) last week.
What share of total ETH supply does Bitmine control?

Bitmine's holdings represent more than 4.31% of the 120.7M total ETH supply, putting the company 86% of the way to its 'Alchemy of 5%' target just 11 months in.
How much of Bitmine's ETH is staked?

Bitmine has staked 4,712,917 ETH — 90.51% of its total holdings — locking the bulk of the position in validators and earning native yield.
Who runs Bitmine?

Bitmine Immersion Technologies (BMNR) is chaired by Tom Lee of Fundstrat, making it the largest publicly disclosed ETH treasury vehicle in the market.
Why does the staking ratio matter for ETH price?

With 90.5% of Bitmine's ETH locked in validators rather than held liquid, a large slice of supply is removed from circulation and accruing yield — a structural supply-side constraint rather than a sellable float.

Source attribution

Aggregated from Lookonchain · Verified · Last refreshed 45d ago

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