BitMine Immersion Technologies Holds 6,060,506 ETH After Weekly Purchase of 8,573 Tokens
Key Takeaways
- •BitMine Immersion Technologies purchased 8,573 ETH last week, raising its total Ethereum holdings to 6,060,506 tokens as of November 1, 2026.
- •The company's holdings amount to roughly 4.9% of Ethereum's total supply of about 122.2 million tokens, approaching its publicly stated 5% accumulation goal.
- •A shortfall of approximately 49,500 ETH remains before BitMine reaches the 5% threshold, an amount less than six times the size of its latest weekly purchase.
- •BitMine trades on NYSE American under the ticker BMNR and is chaired by Tom Lee, co-founder of Fundstrat Global Advisors.
- •BitMine is part of a group of publicly listed companies, alongside SharpLink Gaming and Bit Digital, that began treating Ethereum as a primary treasury reserve asset in 2025.
BitMine Immersion Technologies added 8,573 ETH to its treasury last week, lifting its total holdings to 6,060,506 Ethereum (ETH) tokens, according to the company's official announcement.
The count is calculated as of 16:00 US Eastern time on November 1, 2026, and works out to approximately 4.9% of Ethereum's total supply of roughly 122.2 million tokens — meaning close to one in every 20 ETH in existence now sits on a single listed company's balance sheet.
The weekly accumulation brings BitMine closer to its publicly stated goal of holding 5% of Ethereum's total supply, a target the company set when it launched its Ethereum treasury strategy in 2025. BitMine trades on the NYSE American exchange under the ticker BMNR and is chaired by Tom Lee, co-founder of the independent research firm Fundstrat Global Advisors. Since adopting the strategy, the company has ranked among the largest corporate holders of ETH.
The remaining gap to that goal is now narrow. Five percent of a roughly 122.2 million-token supply would amount to about 6.11 million ETH, leaving a shortfall of roughly 49,500 tokens — less than six times the size of last week's purchase. BitMine's future holding announcements are where a crossing of the 5% threshold would first be confirmed.
BitMine belongs to a broader group of publicly listed companies — including SharpLink Gaming and Bit Digital — that began accumulating Ethereum on their balance sheets in 2025, treating ETH as a primary treasury reserve asset.
This content was first published on COINOTAG: https://en.coinotag.com/bitmine-ethereum-eth-holdings-6-06-million-tokens on November 2, 2026.
