Bitmine holds 4% of ethereum supply as total holdings reach $11.8 billion
Bitmine now holds 4.04% of Ethereum's supply, valued at $10.7 billion, with total assets reaching $11.8 billion.Summary
Bitmine Immersion Technologies has increased its Ethereum holdings to 4.87 million tokens as of April 12, representing 4.04% of the total ether supply. Valued at approximately $10.7 billion at $2,206 per ETH, this makes it the largest corporate Ethereum treasury globally and the second-largest corporate crypto treasury overall. The company is now about 80% towards its goal of acquiring 5% of the total ether supply. In the past week, Bitmine acquired 71,524 ETH, the fastest pace since December 2025. Chairman Tom Lee highlighted ETH's performance, noting it's the best-performing asset since the start of the Iran war. Beyond its ETH, Bitmine's balance sheet includes $719 million in cash, 198 bitcoin, and stakes in Beast Industries and Eightco Holdings. Approximately 68% of its ETH holdings are staked, generating $212 million in annualized revenue.
(Source：The Block)