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Bitmine Increases Ethereum Holdings to 6.03 Million ETH, 4.9% of Total Supply

Bitmine has added 12,532 ETH to its treasury, now holding 4.9% of Ethereum's total supply as market sentiment remains positive.

Bitmine has added 12,532 ETH to its treasury, now holding 4.9% of Ethereum's total supply as market sentiment remains positive. Ethereum (ETH) is trading at $2,522.50, down 0.7% since this brief published. This is an original Token Times brief based on reporting by The Block, with live market data added, as of Mon, 12 Oct 2026 15:00:01 UTC.

Why it matters

Bitmine's significant accumulation of Ethereum, now representing a substantial portion of the total supply, could influence market dynamics and investor sentiment. The sizable stake, with the majority staked, highlights growing institutional interest in Ethereum's staking economy.

Key takeaways
  • Bitmine added 12,532 ETH last week, raising its holdings to 6.03 million tokens.
  • The firm now controls 4.9% of Ethereum's total supply.
  • 84% of Bitmine's ETH holdings are currently staked.
  • Ethereum price is up 1.59% in the last 24 hours.
The story so far · 2 briefs
  1. BitMine's Massive Ethereum Accumulation Could Impact ETH Demand
  2. Bitmine Increases Ethereum Holdings to 6.03 Million ETH, 4.9% of Total Supply — this brief

Bitmine, a major Ethereum treasury firm, has increased its ETH holdings by 12,532 tokens, according to reports from The Block and Decrypt. This acquisition has raised the firm's total Ethereum holdings to 6.03 million ETH.

The new total represents approximately 4.9% of Ethereum's circulating supply. This significant accumulation underscores institutional interest in Ethereum, particularly as the majority of Bitmine's holdings (84%) are currently staked.

The development comes as Ethereum's price has shown resilience, currently trading at $2,539.62, up 1.59% in the last 24 hours, despite a 6.35% decline over the past week. The broader crypto market remains relatively flat with a total market cap of $2.88 trillion.

The accumulation of such a large portion of Ethereum's supply by a single entity could have implications for market liquidity and price dynamics. It also highlights the growing importance of staking in the Ethereum ecosystem.

Investor sentiment remains positive, with the Fear & Greed index at 69, indicating 'Greed'. This suggests that market participants are optimistic about the future of major cryptocurrencies like Ethereum.

Market reaction since this brief Live

Since this brief published about 1 hour ago, Ethereum (ETH) has moved from $2,539.62 to $2,522.50 — -0.67%.

$2,520$2,526$2,531$2,537$2,542 published · $2,540 now · $2,523 (-0.67%) Oct 12 13:43 UTC Oct 12 15:00 UTC
BeforeSince publishPublished · $2,539.62

The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 ETH ≈ ₹262,340 (about $2,522.50), up 0.7% over 24 hours. The rupee itself trades about 7.3% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

$2,522.50 ▲ 0.68%
-0.67% since this brief published
7d -6.35%MCap $308.06BFull ETH data →
The market when this published · October 12, 2026
Total market cap$2.88T
Bitcoin 24h-0.09%
Ethereum 24h+1.59%
BTC dominance57.8%
Fear & Greed69 · Greed
Cross-source data check

1 key figure independently matched across 2 outlets reporting this story.

4.9%2× corroboratedThe Block, Decrypt

Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.

On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 12, 2026.

Ethereum DeFi TVL$51.58BDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Bitmine Increases Ethereum Holdings to 6.03 Million ETH, 4.9 — questions & answers

How much Ethereum does Bitmine now hold?

Bitmine holds 6.03 million ETH, representing 4.9% of Ethereum's total supply.

What percentage of Bitmine's Ethereum is staked?

84% of Bitmine's Ethereum holdings are currently staked.

How has Ethereum's price performed recently?

Ethereum is up 1.59% in the last 24 hours but down 6.35% over the past week.

How much is 1 Ethereum worth in rupee today?

About ₹262,340 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,522.50. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.

Has Ethereum's price moved since this brief was published?

ETH is down 0.67% since this brief first published — trading at $2,522.50 now versus $2,539.62 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from The Block. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 12, 2026 ⛓ Timestamped at Bitcoin block #971,097 sha256:699e7fba112dd3b6
Based on reporting by The Block — this is an original Token Times summary with live market data, not the original article.The Block · Oct 12 13:43 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.