Bitmine Immersion Technologies, a major player in the cryptocurrency sector, has revealed impressive figures regarding its Ethereum (ETH) holdings. As of July 12, 2026, the company possesses 5.77 million ETH, accounting for approximately 4.8% of the total supply of 120.7 million ETH. This growth has been particularly noteworthy, as Bitmine has accumulated this volume within just a year, nearing its ambitious target of owning 5% of all ETH.
Currently, Bitmine's crypto portfolio boasts a value of about $9 billion at an estimated price of $1,820 per ETH. Their assets also include 206 Bitcoin (BTC), a $180 million investment in Beast Industries, and a $69 million stake in Eightco Holdings (NASDAQ: ORBS). The total cash and marketable securities held by the company amount to $482 million, bringing its total holdings to an impressive $11.3 billion.
Adding to their achievements, Bitmine was included in the Russell 1000 Large-cap Index on June 26, 2026, which is a significant milestone that could attract a multitude of institutional investors to the company. This index inclusion is expected to enhance its visibility in the market and potentially lead to increased share ownership from passive investment funds.
Thomas
