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Featured AnalysisPrimary topicEthereum

Bitmine Immersion Raises ETH Holdings to 5.21M (~4.3% of Supply), Total Assets Reach $13.4B

May 11, 20261:25 PMNewsroom AI

Bitmine Immersion Technologies reported that its ETH holdings rose to 5,206,790 ETH, an increase of about 26,659 ETH from the previously disclosed 5,180,131 ETH. The company said its total assets stand at approximately $13.4 billion, including 201 BTC and $775 million in cash, and that it currently stakes 4,712,917 ETH, valued at roughly $11.1 billion at current prices [1] [2].

According to the disclosures, Bitmine’s holdings represent about 4.31% of Ethereum’s total supply (roughly 120.7 million ETH). Coverage of the announcement also noted the company is approaching a 5% ownership threshold often referenced in market commentary on large holders' influence [3] [4].

The update was reported across multiple crypto outlets on May 11, 2026, citing Bitmine’s announcement and the accompanying balance-sheet details [1] [2] [3] [4].

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