Bitmine ETH Holdings Near 5% Supply Goal at 6.02M
Bitmine reported 6.016 million ETH holdings on Oct. 4, or 4.9% of supply, leaving about 88,586 ETH to reach its stated 5% goal.
Bitmine ETH holdings stood at 6,016,414 tokens as of 6:30 p.m. ET on Oct. 4, equal to 4.9% of the 122.1 million ETH supply cited in the company’s latest update. Bitmine said it was 99% of the way toward its long-term goal of owning 5% of the supply.
The figure is an issuer-reported snapshot, not a live or independently audited balance. Bitmine also said it acquired 15,112 ETH over the prior week. The details appear in the company’s Oct. 5 press release.
Key Takeaways
- Bitmine reported 6,016,414 ETH in its treasury as of Oct. 4, 2026, at 6:30 p.m. ET.
- The company said its ETH represented 4.9% of a 122.1 million token supply and put it 99% of the way toward a 5% target.
- Bitmine reported 15,112 ETH purchased over the previous week and 5,067,309 ETH staked.
- The accumulation target and staking-revenue figures are company statements and projections, not guarantees or price forecasts.
Bitmine’s latest ETH holdings
Bitmine’s release puts its Ethereum holdings at 6,016,414 ETH, valued by the company at $2,726 per token at the time of the snapshot. It also reported 214 Bitcoin, $643 million in cash and marketable securities, and investments it groups as “moonshots.” The release said the combined value of its crypto, cash, marketable securities and those investments totaled $17.4 billion.
The company said it added 15,112 ETH during the preceding week and had bought ETH each week since starting its Ethereum treasury strategy in June 2025. Those purchase figures describe the company’s own reported activity. The dollar value of a digital-asset treasury can change quickly with market prices, while a token balance and its share of supply answer different questions.
What the 99% figure means
Bitmine’s stated goal is to accumulate 5% of the ETH supply. Using the company’s cited supply of 122.1 million ETH, a 5% position would equal about 6.105 million ETH. Comparing that threshold with the reported 6,016,414 ETH balance leaves approximately 88,586 ETH to go.
That arithmetic puts the reported balance at about 98.5% of the stated target, which rounds to 99%. It also explains why the headline figure should not be read as the target already being achieved. Bitmine described its ownership as 4.9% of supply, below 5%, and both the supply denominator and the company’s holdings can change over time.
| Metric | Figure | Context |
|---|---|---|
| ETH holdings | 6,016,414 ETH | Company snapshot at 6:30 p.m. ET on Oct. 4, 2026 |
| Share of ETH supply | 4.9% | Bitmine’s rounded figure, using 122.1 million ETH |
| 5% target | About 6,105,000 ETH | Calculation using the supply figure in the release |
| Estimated distance to target | About 88,586 ETH | Derived from the reported balance and 5% threshold |
| ETH staked | 5,067,309 ETH | Company-reported as of Oct. 4 |
| Weekly ETH addition | 15,112 ETH | Bitmine’s reported purchase over the prior week |
The target calculations above use rounded supply information published by Bitmine. They are estimates, not a separate measurement of circulating or total ETH supply. The company’s “99%” description is consistent with rounding its reported progress; it does not remove the remaining gap.
How much ETH Bitmine has staked
Bitmine said 5,067,309 ETH was staked as of Oct. 4, worth about $13.8 billion at the company’s stated price. That represents roughly 84% of the 6,016,414 ETH it reported holding. Staking can generate rewards, but the value and timing of those rewards depend on network conditions, operational performance and the price of ETH.
The release put current annualized staking revenue at approximately $363 million and said a fully scaled operation could reach about $431 million annually, using the company’s stated yield assumptions. Those are management estimates and forward-looking projections, not guaranteed income. They should be kept separate from the historical ETH balance and purchase figures.
The 5% target remains a company goal
Bitmine’s “Alchemy of 5%” is a corporate accumulation objective. It is not an Ethereum network rule, a protocol milestone or a commitment that the company will buy a fixed amount on a set schedule. The company says it has pursued weekly acquisitions, but future purchases may depend on financing, market prices, operating needs and management decisions.
A larger treasury also does not, by itself, establish that ETH’s market price will rise. The reported share of supply gives readers a way to track Bitmine’s stated progress, while asset valuations, staking returns and the company’s share price can move independently. The next useful checkpoints are future company disclosures, the ETH balance, the supply denominator and the proportion of holdings actually earning staking rewards.
Frequently Asked Questions
Has Bitmine reached 5% of the ETH supply?
No. Bitmine reported that it owned 4.9% of the 122.1 million ETH supply cited in its release. Its 5% accumulation target remains ahead of the reported balance.
How much ETH did Bitmine report holding?
The company reported 6,016,414 ETH as of 6:30 p.m. ET on Oct. 4, 2026. That is a company-reported snapshot, not a live balance.
Why does Bitmine say it is 99% of the way to its goal?
Bitmine compared its reported holdings with its 5% target and rounded its progress to 99%. Using the release’s 122.1 million ETH supply figure, 5% is about 6.105 million ETH, leaving an estimated 88,586 ETH between the reported balance and the target.
How much of Bitmine’s ETH is staked?
Bitmine said 5,067,309 ETH was staked as of Oct. 4. That is about 84% of the 6,016,414 ETH it reported holding.
Are the company’s staking-revenue estimates guaranteed?
No. The annualized revenue amounts in the release are management estimates based on stated assumptions. Actual rewards can vary with ETH prices, staking yields, network conditions and operational factors.
Conclusion
Bitmine’s latest update places its reported ETH treasury at 6.016 million tokens, or a rounded 4.9% of the supply figure it cited. Its description of being 99% of the way to a 5% goal reflects rounded progress, while the company’s own figures leave a measurable gap of about 88,586 ETH. The holdings, staking balance and future target should be read as company-reported information, with projected revenues treated separately from realized results.
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Disclaimer
This VORTFLUX article provides general information, not personalized financial, investment, legal, or tax advice. Crypto prices can change quickly, and you could lose all invested funds. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
