BitMine Immersion Technologies bought another 15,112 ETH over the past week, lifting its Ethereum holdings to 6,016,414 tokens, or approximately 6.02 million ETH. The company announced the figures on October 5, based on its treasury snapshot as of October 4.
The combined value of BitMine’s crypto, cash, marketable securities and other investments reached $17.4 billion. Alongside ETH, the company held 214 bitcoin, $643 million in cash and marketable securities, and stakes in Beast Industries and Eightco Holdings. It confirmed the breakdown on X.
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BitMine provided its latest holdings update for October 5, 2026$17.4 billion in total crypto + “moonshots”:
– 6,016,414 ETH at $2,726 per ETH (per @coinbase)
– 214 Bitcoin (BTC)
– $180 million stake in Beast Industries @MrBeast
– $117 million stake in Eightco Holdings…— Bitmine (NYSE-BMNR) $ETH $BMNP (@BitMNR) October 5, 2026
BitMine said its ETH treasury represents 4.9% of the token’s total supply, putting it approximately 99% of the way toward its target of owning 5%. The latest addition extends an accumulation campaign that previously included an August purchase of 9,926 ETH.
The company also reported 5,067,309 ETH in staking, equivalent to roughly 84% of its holdings. Its MAVAN validator network, launched earlier this year, supports BitMine’s staking operations and is designed to serve institutional investors, custodians and other participants in the Ethereum ecosystem.
Chairman Tom Lee said BitMine has bought ETH every week since June 30, 2025. The purchases continue alongside Lee’s outlook that Ethereum could rise well above $10,000 over the next 12 months, a forecast rather than an assured outcome.
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