B[BitMine increased its holdings of 12,535 Ethereums last week, with a total holding of approximately 6.04 million Ethereums] October 19th, BitMine increased its holdings of 12,535 Ethereums last week. As of October 18, the total holdings reached 6,041,481, accounting for approximately 4.9% of the total supply of ETH. Currently, the total value of BitMine’s cryptocurrency, cash and other investment assets held is approximately US$15.1 billion, including US$582 million in cash and marketable securities, 215 Bitcoins, US$180 million in Beast Industries equity assets and a US$74 million investment in Eightco Holdings (ORBS). Additionally, Bitmine has 5,067,309 Ethereum staked; at a price of $2,365 per Ethereum, it is worth $12 billion. B[Bitmine increased its holdings of 17,362 Ethereums last week and its total holdings exceeded 6 million] On September 28th, Ethereum treasury company Bitmine disclosed that as of September 27, 2026, its holdings of crypto assets, cash, securities and "Moonshots" totaled US$17.2 billion. Its crypto holdings include 6,001,302 ETH with a unit price of $2,698, accounting for 4.9% of the total supply of Ethereum of 122.1 million; it also holds 213 Bitcoins, shares in Beast Industries worth $180 million, shares in Eightco Holdings worth $115 million, and $672 million in cash and marketable securities. The company has pledged 5,067,309 ETH, worth US$13.7 billion, and the annual pledge revenue is expected to be US$358 million. Chairman Thomas "Tom" Lee said that Bitmine's total ETH holdings have exceeded 6 million, and this accumulation has been completed in less than 15 months. The company has purchased ETH every week since launching the ETH reserve strategy on June 30, 2025, and has increased its holdings by 17,362 ETH in the past week. Lee said that the crypto bull market began at the end of June, and institutions are still underweight cryptocurrencies, and they are expected to increase their exposure in the final months of 2026.
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