Ethereum News: Bitmine Adds 15,112 ETH, Taking Its Stake to 4.9%
- Bitmine acquired 15,112 ETH over the past week, worth roughly $41 million.
- Its holdings reached 6,016,414 ETH as of October 4, 2026.
- That equals 4.9% of Ethereum's 122.1 million supply, putting Bitmine 99% of the way toward its self-stated 5% target after 15 months.
- Bitmine has staked 5,067,309 ETH, roughly 84% of its holdings, worth about $13.8 billion.
- The company reported a 2.63% seven-day annualized staking yield.
- Total holdings were valued at $17.4 billion, including $643 million in cash and marketable securities.
Bitmine added 15,112 ETH over the past week, worth roughly $41 million. The purchase takes its holdings to 6,016,414 ETH, or 4.9% of Ethereum's supply, according to a company update carried by TradingView.
The latest Ethereum news puts the company 99% of the way toward its 5% target.
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Ethereum Market Data: Price and Bitmine Holdings
Key figures from the company update:
ETH price: $2,710.42 (-0.25%)
Coinbase reference price used in the update: $2,726
ETH purchased over the past week: 15,112 ETH (roughly $41 million)
Total ETH holdings (as of October 4, 2026): 6,016,414 ETH
Share of Ethereum's supply: 4.9% of 122.1 million
Weekly purchase as a share of holdings: about 0.25%
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Main News: Bitmine's Weekly Ethereum Purchase
Bitmine acquired 15,112 ETH over the past week. At Coinbase's $2,726 reference price, the purchase represented about 0.25% of the company's ETH holdings.
The total position now equals 4.9% of Ethereum's supply. The company reached that level 15 months after setting its 5% target.
Bitmine's Progress Toward 5% of Ethereum
At the supply figure cited in the update, Bitmine would need about 88,086 additional ETH to own 5% of Ethereum.
Additional ETH needed for 5%: about 88,086 ETH
Share of that gap covered by the latest weekly purchase: about 14.7%
Progress toward the target: 99%
The company update did not identify the funding source or financing vehicle for the latest purchase.
Bitmine's Total Holdings Beyond ETH
Bitmine's wider holdings were valued at $17.4 billion.
Cash and marketable securities: $643 million
Stake in Beast Industries: $180 million
Eightco shares: $117 million
Bitcoin holdings: 214 BTC
ETH Performance in the Third Quarter of 2026
The update included several performance comparisons for Ethereum and for Bitmine's shares.
ETH vs the S&P 500, quarter to date in Q3 2026: outperformed by 6,832 basis points
BMNR shares, first nine months of 2026: -3%
ETH, first nine months of 2026: -10%
BMNR outperformance versus ETH: 731 basis points
Both assets remained negative over the nine-month period. The S&P 500 comparison measures ETH's return, not the size of Bitmine's position or the return on BMNR shares.
Traders who monitor Ethereum price action and wallet activity can follow live data through SpotX.
Ethereum Staking: 5,067,309 ETH Staked
Bitmine has staked 5,067,309 ETH, roughly 84% of its holdings. The staking runs through operations that include its MAVAN staking platform.
Staked ETH: 5,067,309 ETH (roughly 84% of holdings)
Value of staked ETH at $2,726: about $13.8 billion
Seven-day annualized staking yield: 2.63%
Summary: Ethereum News Today
Bitmine bought 15,112 ETH, worth roughly $41 million, over the past week. That lifts its holdings to 6,016,414 ETH, or 4.9% of Ethereum's supply.
Holdings: 6,016,414 ETH as of October 4, 2026
Target: 99% of the way toward 5% of Ethereum's supply, with about 88,086 ETH still needed
Staking: 5,067,309 ETH staked at a 2.63% seven-day annualized yield
Total holdings: $17.4 billion, including $643 million in cash and marketable securities
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Frequently asked questions
How much ETH did Bitmine buy this week?
Bitmine acquired 15,112 ETH over the past week, worth roughly $41 million.
How much Ethereum does Bitmine hold?
Bitmine holds 6,016,414 ETH as of October 4, 2026. That equals 4.9% of Ethereum's 122.1 million supply.
How close is Bitmine to its 5% target?
Bitmine is 99% of the way toward its self-stated 5% target after 15 months. It would need about 88,086 additional ETH to reach 5% at the cited supply.
How much of Bitmine's ETH is staked?
Bitmine has staked 5,067,309 ETH, roughly 84% of its holdings. That is worth about $13.8 billion at Coinbase's $2,726 reference price.
What staking yield did Bitmine report?
The company reported a 2.63% seven-day annualized staking yield.
What is the total value of Bitmine's holdings?
Bitmine's wider holdings were valued at $17.4 billion. They include $643 million in cash and marketable securities, a $180 million stake in Beast Industries, $117 million of Eightco shares and 214 BTC.