Bitmine Surpasses 6M ETH, Closing In on 5% of Ethereum Supply

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Bitcoin.com
Bitmine Surpasses 6M ETH, Closing In on 5% of Ethereum SupplyWorldPing
Image via Bitcoin.com.

What happened

Bitmine Immersion Technologies is closing in on a staggering prize: ownership of 5% of Ethereum’s entire ether supply.

The company disclosed on Monday that its treasury now holds 6.03 million ETH, representing 4.9% of all tokens in circulation.

Key facts

  • Bitmine Immersion Technologies is closing in on a staggering prize: ownership of 5% of Ethereum’s entire ether supply.
  • The company disclosed on Monday that its treasury now holds 6.03 million ETH, representing 4.9% of all tokens in circulation.
  • Reported by Bitcoin.com and published Mon, 12 Oct 2026 14:40:38 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Thailand wants a piece of the $120 billion Bitcoin and Ethereum ETF market, but on its own terms

  2. Bitmine Adds $32M in Ethereum as Tom Lee Says Firm Is Nearly 'Done Stacking'

  3. Bitmine adds 12,532 ETH as Tom Lee flags potential ‘largest-ever’ crypto bull market

  4. Bitmine Surpasses 6M ETH, Closing In on 5% of Ethereum Supply

  5. Tom Lee sees $2 trillion wealth transfer fueling crypto demand as Bitmine buys more ether

Sources

The original report was published by Bitcoin.com. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Bitcoin.com

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