Bitmine Crosses 6M ETH Milestone; Total Holdings Hit $17.2B
BMNR has more than doubled off its 52-week low of $12.8.
Summary
Bitmine's ETH holdings surpassed 6 million tokens for the first time, with total crypto and cash holdings reaching $17.2 billion. The company remains on track to achieve its 5% ETH supply target.
Updates
· SEC 8-K — Bitmine's ETH holdings reached 6,016,414 tokens and total crypto, cash, and marketable securities reached $17.4 billion as of October 4, 2026.
· The Block — Bitmine's latest weekly acquisition added 17,362 ETH, bringing total ETH holdings to 6,001,302 worth $16.1 billion.
Key Events · Earnings and Guidance · BMNR
-
ETH Holdings Cross 6M Tokens
Bitmine now holds 6,001,302 ETH (4.9% of total supply), up from 5,983,940 reported on September 21, 2026. The company acquired 17,362 ETH in the past week.
-
Total Holdings Reach $17.2B
Combined crypto, cash, and marketable securities now total $17.2 billion, including $672 million in cash and marketable securities, $180 million stake in Beast Industries, and $115 million in Eightco Holdings.
-
Staking Revenue Projections Raised
Annualized staking revenue is now projected at $358 million, with $424 million projected at full scale. Staked ETH stands at 5,067,309 tokens ($13.7 billion), representing 84% of total ETH holdings.
-
98% of 'Alchemy of 5%' Goal Achieved
Bitmine is 98% of the way to acquiring 5% of total ETH supply in just 15 months since launching its ETH Treasury Strategy on June 30, 2025.
Analysis · BMNR · Crypto Assets
Bitmine's ETH treasury crossed the 6 million token threshold for the first time, reaching 6,001,302 ETH — 4.9% of total supply — with total crypto, cash, and marketable securities now at $17.2 billion. The company acquired 17,362 ETH in the past week alone, continuing its unbroken weekly buying streak since June 2025. Staked ETH now stands at 5.07 million tokens ($13.7 billion), representing 84% of holdings, with annualized staking revenue projected at $358 million. This milestone puts Bitmine at 98% of its stated 'Alchemy of 5%' goal in just 15 months, cementing its position as the world's largest ETH treasury.
How filings like this one have moved
In the 30 days to Oct 7, 2026, 29% of the 1648 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.62%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BMNR was trading at $27.25 on NYSE in the Crypto Assets sector, with a market capitalization of approximately $16.6B. The 52-week trading range was $12.80 to $65.60. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.