By Isaac • August 31, 2026 7:08 pm •
BitMine Immersion Technologies has pushed its Ethereum treasury to a level that is becoming difficult to describe as anything other than market-moving.
The company said it acquired another 53,501 ETH over the past week, its largest weekly purchase since June. That brought its holdings to 5,901,112 ETH as of Sunday afternoon, or roughly 4.9% of Ethereum’s reported 120.7 million-token supply.
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BitMine valued that ETH at about $14.8 billion using a $2,511 reference price. The company also reported 211 Bitcoin, $541 million in cash and marketable securities, and stakes in Beast Industries and Eightco Holdings.
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BitMine provided its latest holdings update for August 31, 2026
$11.8 billion in total crypto + “moonshots”:
– 5,901,112 ETH at $2,511
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