By Isaac • September 6, 2026 3:17 pm •
BitMine’s race to own 5% of Ethereum has reached the point where buying may no longer be the only engine carrying it toward the finish line.
The company has accumulated nearly 5.9 million ETH and staked more than five million of those tokens. At that scale, ordinary validator rewards become a balance-sheet force of their own.
BitMine provided its latest holdings update for August 24, 2026
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$14.9 billion in total crypto + “moonshots”:
– 5,847,611 ETH at $2,440 per ETH per ETH (per @coinbase)
– 210 Bitcoin (BTC)
– $180 million stake in Beast Industries @MrBeast
– $89 million stake in Eightco Holdings…
— Bitmine (NYSE-BMNR) $ETH $BMNP (@BitMNR) August 24, 2026
CryptoSlate calculated how staking could close the
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