Bitmine acquires 27,562 ETH to lift total holdings to 5.98 million
Bitmine announced the purchase of 27,562 ETH over the past week, expanding its treasury to 5,983,940 ETH—roughly 4.9% of Ethereum's total supply.
Bitmine announced that it acquired 27,562 ETH over the past week, bringing its total holdings to 5,983,940 ETH, or approximately 4.9% of Ethereum's supply. The transaction was estimated between $74 million and $75.29 million across multiple market reports, with the company identified by commentators as chaired by Fundstrat's Tom Lee.[1][2][3][4][5][8][9][10]
As of September 20, Bitmine's combined assets—including cryptocurrency, cash, marketable securities, and other investments—reached approximately $17.1 billion, with $714 million held in cash and marketable securities. The company reported that 5,067,309 ETH are staked, which it valued at about $13.6 billion based on an ETH price of $2,688. Blockchain analytics platform Arkham separately noted that 85% of Bitmine's ETH stack is staked.[1][3][6][8][10]
The latest purchase brings Bitmine to approximately 98% of its goal to control 5% of the total ETH supply. According to Arkham, the company needs roughly $327.9 million more in ETH to reach that benchmark. External estimates for the aggregate value of Bitmine's 5.98 million ETH treasury currently span between $16.1 billion and $16.4 billion.[1][8][9][10]
Key facts
- Bitmine acquired 27,562 ETH over the past week, with purchase estimates ranging from $74 million to $75.29 million.
- As of September 20, 2026, Bitmine's total holdings reached 5,983,940 ETH, representing about 4.9% of the total supply.
- The company has achieved roughly 98% of its 5% accumulation target, requiring an estimated $327.9 million more in ETH to fulfill it.
- Bitmine has 5,067,309 ETH staked (representing about 85% of its ETH stack), valued by the company at $13.6 billion at $2,688 per ETH.
- Bitmine's combined crypto holdings, cash, marketable securities, and other investments total about $17.1 billion, including $714 million in cash and marketable securities.
- Commentators and analytical reports value Bitmine's complete 5,983,940 ETH treasury between $16.1 billion and $16.4 billion.
Sources · 10 sources
- WB
Wu Blockchain@WuBlockchainPost on X ·
Bitmine Acquires 27,562 ETH in a Week, Bringing Total Holdings to 5.98 Million ETH Bitmine (BMNR), the largest Ethereum treasury company, announced that it acquired 27,562 ETH over the past week. As of September 20, it held 5,983,940 ETH, representing 4.9% of the total ETH supply and reaching approximately 98% of its 5% accumulation target. Of its holdings, 5,067,309 ETH are staked, valued at approximately $13.6 billion at $2,688 per ETH. The company's combined crypto holdings, cash, marketable securities and other investments total approximately $17.1 billion, including $714 million in cash and marketable securities.
Open source - CO
CoinDesk@CoinDeskPost on X ·
NEW: @Fundstrat's @BitMNR bought 27,562 $ETH over the past week, bringing its total holdings to 5.98 million $ETH, or 4.9% of the total supply. https://t.co/rV6UZtpNAQ
Open source - BL
BlockNews@blocknewsdotcomPost on X ·
🚨 JUST IN: Tom Lee’s BitMine $BMNR acquired another 27,562 $ETH last week, bringing its holdings to 5.98 MILLION ETH, or 4.9% of circulating supply. The company now reports $17.1 BILLION in combined crypto, cash, marketable securities and other investments, with 5.07 MILLION ETH staked.
Open source - DE
Decrypt@DecryptMediaPost on X ·
Tom Lee's Bitmine Adds $74M in Ethereum, Declares a Crypto Bull Market 'Underway' https://t.co/RtT6M3J0M7
Open source - WG
Watcher.Guru@WatcherGuruPost on X ·
JUST IN: Tom Lee's 'BitMine' buys 27,562 $ETH worth $75 million. https://t.co/RSTYSGjthU
Open source - CB
Crypto Banter@crypto_banterPost on X ·
🚨BITMINE JUST ADDED ANOTHER 27,562 ETH! Bitmine bought 27,562 ethereum:native last week and now holds 5,983,940 ethereum:native, about 4.9% of supply. Combined holdings hit $17.1 billion, with 5,067,309 ethereum:native staked. Another week of buying, every week since June 30, 2025.
Open source - CN
crypto.news@cryptodotnewsPost on X ·
JUST IN: BitMine adds another 27,562 ETH to its treasury The latest purchase lifts BitMine’s total Ethereum holdings to 5,983,940 ETH, equivalent to approximately 4.9% of the entire ETH supply. https://t.co/2TT9b3dGfp
Open source - BS
BSCN@BSCNewsPost on X ·
Tom Lee’s Bitmine is Nearly at 5% of Ethereum Bitmine (@BitMNR) has increased its Ethereum holdings to 5,983,940 ETH, worth about $16.3 billion. The Tom Lee (@fundstrat) chaired company purchased another 27,562 ethereum:native since its September 14 update. Bitmine said its total crypto, cash, securities, and other investments reached $17.1 billion. Its Ethereum holdings now represent more than 4.9% of Ethereum’s circulating supply. The company is also approaching its target of controlling 5% of Ethereum’s supply.
Open source - TW
The Wolf Of All Streets@scottmelkerPost on X ·
BITMINE $BMNR BUYS 27,562 $ETH FOR ~$75.2M, NOW HOLDS 5,983,940 $ETH WORTH ~$16.1B
Open source - AR
Arkham@arkhamPost on X ·
TOM LEE NOW HOLDS $16 BILLION OF ETH - AND HE'S STILL BUYING Bitmine bought another $75.29M of ETH this week, taking its stack to 5,983,940 ETH ($16.40B). 85% of that is staked. That is 4.9% of the entire ETH supply. They need $327.90M more ETH to hit 5%. https://t.co/w2dYaEX46Q
Open source