Bitmine Reports $16.2 Billion Treasury With 6.03 Million ETH

Bitmine Immersion Technologies reported $16.2 billion in total holdings as of Oct. 11, including 6,028,946 Ether (ETH), highlighting the scale of the company’s Ethereum-focused treasury.

The ETH position was valued at $2,544 per token and represented 4.9% of Ethereum’s total supply. Bitmine also held 214 Bitcoin (BTC), along with $612 million in cash and marketable securities.

The reported total included crypto assets, cash, marketable securities and strategic investments. The company’s disclosure places its Ether holdings at the center of a treasury that extends beyond digital assets alone.

Bitmine’s reported holdings provide a snapshot of its position as of Oct. 11, with the ETH valuation based on the stated per-token price.