Back to all news
Ethereum

Bitmine’s ETH holdings reach 4.9% of Ethereum supply, near 5% goal

The Cryptonomist·October 12, 2026·1 min read
Bitmine’s ETH holdings reach 4.9% of Ethereum supply, near 5% goal

Bitmine's ETH holdings reached 6.03 million tokens as of October 12, 2026, nearing its 5% supply goal. Total crypto, cash, marketable securities, and moonshot investments hit $16.2 billion. Chairman Tom Lee said bear-market purchases positioned the company for expected gains.

Read at The Cryptonomist
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store