Breaking News | Bitmine Holds 4.53 Million ETH, One of the Largest Ethereum Holdings Globally


On March 9, PRNewswire reported that digital asset company Bitmine currently holds 4.5346 million ETH, accounting for approximately 3.76% of the total Ethereum supply, with total crypto assets and cash reaching $10.3 billion.
Among them, 3.0405 million ETH have been staked. Based on current yields, the annualized staking income is approximately $174 million.
Bitmine ETH Development Timeline
2023—2024
• Bitmine begins establishing an institutional ETH reserve strategy
• Continues to increase ETH holdings in the secondary market
Q4 2024
• The company starts staking some ETH on Ethereum PoS
• Forms a stable on-chain income source
2025
• ETH staking scale continues to expand
• Gradually forms a “reserve asset + staking income” model
March 8, 2026
• Bitmine discloses holding 4.5346 million ETH
• Accounting for 3.76% of ETH’s total supply
Current Structure
ETH Holdings: 4.5346 million
Staked ETH: 3.0405 million
Annualized staking yield: approximately $174 million
Total assets: $10.3 billion
ETH3,73%
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