BitMine Nears 5% Ethereum Ownership Goal With New Purchase

Crypto1 day ago

The company’s cryptocurrency reserves grew to 6,041,481 ETH after the acquisition of 12,535 tokens over the past week. This balance represents 4.9% of the 122.1 million coin supply, leaving BitMine 99% of the way toward its stated objective of owning 5% of the entire Ethereum network.

The firm reported combined assets of $15.1B as of October 18, encompassing cash, marketable securities, and digital investments. Of its total Ethereum treasury, the company has staked 5.07M ETH.

Saga

Bitmine Ethereum treasury accumulation

Portfolio movement

Sep 24, 2026Today

+1.8%-0.8%

How we got here

Oct 11, 2026
BitMine Caps Ethereum Accumulation at 5% of Total Supply
Sep 28, 2026
Bitmine Raises Ethereum Treasury Holdings

All stories

Possible scenarios

45%Cap Hit And Pause0.0%
25%Cap Becomes Flexible-0.0%
20%Oversight Pressure Builds+0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

Looking for more context or analysis?

Tilt chat provides reliable, tailored insights, alerts, and automations.