Crypto desk
BitMine reported 6,070,092 ETH on November 8, about 4.97% of Ethereum’s provide, leaving roughly 39,908 ETH to its 5% goal set in June 2025.
Revealed 10 Nov 2026, 03:05 UTC
BitMine Immersion Applied sciences purchased 9,587 ETH prior to now week, lifting its Ethereum treasury to six,070,092 tokens, about 4.97% of Ethereum’s whole provide, the corporate introduced on November 9.
Key takeaways
- BitMine holds 6,070,092 ETH as of November 8, about 4.97% of Ethereum’s estimated 122.2 million token provide.
- A calculation primarily based on BitMine’s disclosed figures places about 39,908 ETH between it and the 5% goal.
- Complete crypto, money and marketable securities stand at about $14.3 billion.
- 5,227,037 ETH is staked, price about $11.7 billion on the firm’s $2,234 reference value.
40,000 ETH from the goal
Within the announcement, the corporate repeated the identify it gave the marketing campaign, the “Alchemy of 5%” (). Measured in opposition to Ethereum’s estimated 122.2 million token provide, BitMine sits about 39,908 ETH in need of proudly owning 5% of every little thing ever issued, in response to a calculation primarily based on the corporate’s personal figures. The weekly buy was price roughly $20 million.
The shopping for marketing campaign began on June 30, 2025, and has run by way of 15 months of value swings. Chairman Tom Lee mentioned the corporate has saved up common purchases since launching the Ethereum treasury technique. At a reference value of $2,234, the newest Ethereum value places the treasury close to $13.6 billion in ether alone.
What the total submitting reveals
The SEC exhibit filed alongside the discharge places whole crypto, money, marketable securities and different investments at about $14.3 billion. That features 5,227,037 staked ETH, near 86% of the holdings, 216 Bitcoin and $475 million in money and securities. BitMine estimates annualized staking rewards of $309 million from what’s already staked, rising to about $359 million if the total treasury have been staked. Each figures are projections at a trailing seven-day yield of two.65%, not booked earnings.
