Bitmine’s BMNR boosts Ethereum stash to 5.81M ETH as total holdings top $11.6B

Bitmine Immersion Technologies (BMNR) said its Ethereum holdings have reached 5.81 million ETH tokens, a figure it described as representing about 4.8% of the total ETH coin supply of 120.7 million. The company also reported total crypto and total cash holdings of $11.6 billion ^{[1] [2] [3]}.

Separate reporting said Bitmine acquired 7,391 ETH over the prior week, bringing its total to 5,805,238 tokens, and estimated the stash’s value at about $11.2 billion based on the price cited in the company’s announcement. The same report characterized the latest accumulation pace as slower than earlier in the summer ^[4].

Bitmine’s update reiterates its large-scale ETH accumulation and highlights a reported shift toward a slower buying pace, alongside disclosed portfolio totals ^{[1] [4]}.