Bitmine adds 12,535 ether, bringing holdings to 6.04 million

Wall Street Turkish - International (English) · Oct 19, 2026 · 1m

Bitmine Immersion Technologies announced on Monday that it had obtained 12,535 ether in the previous seven days, increasing its reserves to 6,041,481 ether. With each token valued at $2,365, these assets amounted to approximately $14.3 billion as of October 18, representing 4.9 percent of Ethereum’s circulating supply of 122.1 million tokens. The firm noted that 5,067,309 ether, valued at $12 billion, is currently being staked via its MAVAN platform and through its staking partners. This accounts for 84 percent of its total ether holdings. Bitmine estimated annualized staking revenue of $309…