BitMine Now Holds 5.54 Million ETH and Is Closing In on 5% of Supply

BitMine Now Holds 5.54 Million ETH and Is Closing In on 5% of Supply


Physical Ethereum coin photographed for a BitMine Ethereum treasury story. image By Isaac • June 8, 2026 5:20 pm •

BitMine Immersion Technologies said on June 8, 2026 that its Ethereum holdings reached 5,543,872 ETH.

That figure now represents 4.59% of the entire Ethereum supply, which the company called 92% progress toward its stated 5% target.

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BitMine acquired 126,971 ETH over the prior week. Cointelegraph reported that was the company’s largest single-week ETH purchase of 2026.

Ethereum ranked second by market capitalization on CoinGecko during the June 8 Central-time check, so this is a treasury story tied to one of the two biggest crypto assets in the world.

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BitMine provided its latest holdings update for June 8, 2026

$9.6 billion in total crypto + “moonshots”:
– 5,543,872 ETH at $1,630 per ETH per ETH

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