BitMine now holds 4.5 million ETH after 60,976 token purchase
BitMine Immersion Technologies has lifted its Ethereum holdings to about 4.5 million ETH after buying 60,976 tokens in its largest weekly purchase of 2026. The company now reports $10.3 billion in total assets, with over 3 million ETH staked.
BitMine’s latest Ethereum accumulation move
BitMine Immersion Technologies increased its Ethereum position with a new purchase of 60,976 ether (ETH) tokens. This was the company’s largest weekly acquisition so far in 2026 and formed part of an ongoing accumulation strategy focused on the ETH spot market. After this transaction, BitMine’s treasury reached about 4.5 million ETH as of 8 March 2026, according to its latest disclosure.
Size of holdings and share of supply
BitMine reports total holdings of about 4,534,563 ETH, which it equates to 3.76 percent of the current Ethereum supply. The company states that this position makes BitMine the largest corporate holder of Ethereum worldwide, based on its own assessment of circulating supply data. Other outlets repeat the 4.5 million ETH figure and the 3.7 percent share using BitMine’s disclosure as their source.
Staked ether and reported asset base
BitMine states that 3,040,483 of its ETH are staked, which means locked in the Ethereum proof-of-stake validation process to support network security and earn rewards. The company values this staked amount at about 6 billion United States dollars, using an ETH price of 1,965 dollars as of 8 March 2026. The same disclosure reports total assets of 10.3 billion dollars, including about 4.535 million ETH, roughly 1.2 billion dollars in cash, and other crypto assets such as bitcoin (BTC). These figures come directly from BitMine’s 9 March 2026 press release.
Chairman’s view on current crypto cycle
BitMine’s chairman Thomas “Tom” Lee comments on recent Ethereum market behaviour in the same disclosure. He describes recent ETH price action as resilient despite war concerns and higher oil prices. He also characterizes the present phase as the late or final stage of what he calls a “mini-crypto winter”, referring to a period of lower prices and weaker sentiment in crypto markets. His statement presents the company’s own assessment of current market conditions.
"Ethereum prices showed resilience this week, in the face of rising war concerns and surging oil prices. We continue to believe that crypto prices are in the late/final stages of the ‘mini-crypto winter.’", 08 March 2026. — Thomas “Tom” Lee, Chairman, BitMine Immersion Technologies
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.