BitMine 手里的 $ETH has surpassed 6 million coins. It’s only a little away from the “5% supply” target.
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According to the company’s 9/27 disclosure, it held 6,001,302 coins, representing 4.9% of Ethereum’s total supply of 122.1 million. It has completed 98% of the target. It also bought another 17,362 coins last week.
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What’s even more worth watching is staking: of this, 5.067 million coins are already staked on the company’s own MAVAN platform, accounting for 84% of its total holdings. At $2,698 each, that’s about $13.7 billion.
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In other words, this company isn’t just hoarding coins—most of them are on-chain as validators, earning staking rewards from Ethereum.
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Out of total assets of $17.2 billion, ETH accounts for $16.2 billion. There are also 213 BTC, $672 million in cash and marketable securities.
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It has been buying every week since June 30, 2025, and hasn’t stopped to this day.
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Whether it will keep buying after reaching 5% is the biggest variable in terms of ETH’s next major buying demand.
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$ETH