BitMine Adds 53,501 ETH as Holdings Reach 5.90 Million

BitMine Immersion Technologies, the Nasdaq-listed Ethereum treasury company, acquired 53,501 ETH over the past week, lifting its total holdings to 5,901,112 ether and bringing its combined crypto, cash and securities position to $15.6 billion, according to a company announcement published August 31, 2026.

The purchase extends a buying streak that has now run for 65 consecutive weeks, and it leaves BitMine holding 4.9% of Ethereum’s 120.7 million ETH supply as it closes in on the 5% threshold the company has made a stated goal. As of August 30 at 3:00 p.m.

ET, the company said its holdings consisted of 5,901,112 ETH valued at $2,511 per coin using Coinbase pricing, along with 211 bitcoin, a $180 million stake in Beast Industries, an $81 million stake in Eightco Holdings and $541 million in cash and marketable securities.

The $15.6 billion aggregate makes BitMine the largest Ethereum treasury in the world and the second-largest corporate crypto treasury overall, behind only Strategy, which holds 840,447 bitcoin valued at about $66 billion.