Bitmine Adds 9,926 ETH and Pushes Its Holdings to $11B, Now Controlling 4.8% of ETH’s Supply

TL;DR:

• Bitmine raised its Ethereum treasury to 5.815 million ETH after acquiring approximately 9,926 additional tokens over the past week.
• The company now controls 4.8% of ETH’s circulating supply, with holdings valued at approximately $11 billion.
• More than 5 million tokens are staked through the MAVAN platform, with projected annualized revenues reaching $250 million.

Bitmine Immersion Technologies raised its Ethereum treasury to 5,815,164 ETH, equivalent to 4.8% of the circulating supply of the second most important crypto asset in the market.

The company acquired 9,926 additional ETH during the past week, according to a press release published by the firm. With holdings valued at approximately $11 billion, Bitmine positions itself as the largest corporate ETH holder worldwide and the second largest in terms of overall corporate crypto treasury, surpassed only by Strategy, whose bitcoin position stands at $58 billion.

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BitMine provided its latest holdings update for August 17, 2026

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