BitMine Is 96% of the Way to Owning 5% of All ETH. One Number Changes the Risk

BitMine Is 96% of the Way to Owning 5% of All ETH. One Number Changes the Risk


Physical Ethereum coin resting on euro coins image By Isaac • July 13, 2026 6:36 pm •

BitMine Immersion Technologies says it now owns 5.77 million ETH, equal to 4.8% of Ethereum’s entire supply.

The company calls that 96% completion of its goal to own 5%.

Trending: The VFW’s political stunt backfired

One number changes the character of that bet: 85%.

That is the share of BitMine’s ETH already staked.

Instead of sitting as a passive treasury, roughly $9 billion of the company’s ETH is participating in Ethereum’s validator economy and earning a variable protocol yield.

The milestone was reported across the market on Monday:

LATEST: Tom Lee’s BitMine ether holdings rise to 5.77 million tokens, or 4.8% of total supply.@HeleneBraunn reports.

— CoinDesk (@CoinDesk) July 13, 2026

In a July 13 exhibit filed with the SEC, BitMine

Continue reading

 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!