Bitmine’s crypto holdings top 6 million ETH; staking revenue projected at $358M

Bitmine’s crypto holdings reached 6,060,506 ETH as of November 1, 2026, with the company reporting $14.5 billion across digital assets, cash, marketable securities and investment stakes. In its November 2 update, Bitmine Immersion Technologies (NYSE: BMNR) said it held 4.9% of Ethereum’s supply and had added another 8,573 ETH during the preceding week. Key takeaways Bitmine reported 5,227,037 ETH staked, representing 86% of its Ethereum holdings. Annualized staking revenue was projected at $358 million, rising to $415 million at full deployment. Chairman Tom Lee contrasted ETH’s 4% decline after the Binance theft with its sharper ByBit-related losses.