Bitmine now holds more than 6 million ETH, almost 5% of Ethereum's entire supply.
On November 2, 2026, Bitmine Immersion Technologies said it added 8,573 ETH over the past week, lifting its treasury to 6,060,506 ETH as of November 1. At $2,261 per coin, that stack is worth about $13.7 billion, or 4.9% of the 122.2 million $ETH supply. Including 216 BTC, cash and other stakes, total holdings reached about $14.5 billion.
The bigger story is staking. Bitmine has staked 5,227,037 ETH, roughly 86% of its position and worth about $11.8 billion, through its MAVAN platform and partners. The company estimates about $358 million in annualized staking revenue at current levels, rising to roughly $415 million once all its ETH is staked, based on a 3.03% seven-day yield.
#Ethereum #ETH #CryptoNews
DYOR. Not financial advice.
On November 2, 2026, Bitmine Immersion Technologies said it added 8,573 ETH over the past week, lifting its treasury to 6,060,506 ETH as of November 1. At $2,261 per coin, that stack is worth about $13.7 billion, or 4.9% of the 122.2 million $ETH supply. Including 216 BTC, cash and other stakes, total holdings reached about $14.5 billion.
The bigger story is staking. Bitmine has staked 5,227,037 ETH, roughly 86% of its position and worth about $11.8 billion, through its MAVAN platform and partners. The company estimates about $358 million in annualized staking revenue at current levels, rising to roughly $415 million once all its ETH is staked, based on a 3.03% seven-day yield.
#Ethereum #ETH #CryptoNews
DYOR. Not financial advice.
