Bitmine adds 15,112 ETH, holdings reach 6,016,414 tokens worth about $16.4 billion
Bitmine Immersion Technologies said on Oct. 5 it bought 15,112 ETH in the week through Oct. 4, lifting holdings to 6,016,414 tokens, about 4.9% of Ethereum's supply.
Why it matters
At 4.9% of Ethereum's supply, Bitmine is about 89,000 ETH short of the 5% level it targets, and reported weekly additions have fallen from 53,501 ETH in the Aug. 31 update to 17,362 in late September and 15,112 in the week through Oct. 4, a slowdown Unchained linked to Lee's May remark about easing up near the target. The same release said Tom Lee speaks at Token2049 in Singapore on Oct. 7, 2026, and that Bitmine joined the Russell 1000 Large-cap index on June 26, 2026.
Where the sources disagree
Figures that do not reconcile
Found by comparing the numbers in the reports automatically. They are differences, not yet confirmed to be about the same thing.
size of the holdings (bitmine)
$17.4 Billion
Bitcoin Insider
$13.8 billion
Crypto.News
Bitcoin Insider reports $17.4 Billion, Crypto.News reports $13.8 billion (21% apart).
size of the holdings (4.9%)
$17.4 Billion
Bitcoin Insider
$16.2 billion
Bitcoin.com News
Bitcoin Insider reports $17.4 Billion, Bitcoin.com News reports $16.2 billion (7% apart).
size of the holdings (holdings)
$643 million
Bitcoin Insider
$117 million
Unchained
Bitcoin Insider reports $643 million, Unchained reports $117 million (82% apart).
size of the holdings (bitmine)
$13.8 billion
Crypto.News
$17.4 billion
Unchained
Crypto.News reports $13.8 billion, Unchained reports $17.4 billion (21% apart).
size of the holdings
$13.8 billion
Crypto.News
$16.2 billion
Bitcoin.com News
Crypto.News reports $13.8 billion, Bitcoin.com News reports $16.2 billion (15% apart).
reported value
17,362 ETH
Crypto.News
15,112 ETH
Unchained
Crypto.News reports 17,362 ETH, Unchained reports 15,112 ETH (13% apart).
reported value
$180 million
Unchained
$558 million
Bitcoin.com News
Unchained reports $180 million, Bitcoin.com News reports $558 million (68% apart).
reported value (company latest)
15,112 ETH
CoinGape
17,362 ETH
Crypto.News
CoinGape reports 15,112 ETH, Crypto.News reports 17,362 ETH (13% apart).
reported value
5,067,309 ETH
CoinGape
6 million ETH
Crypto.News
CoinGape reports 5,067,309 ETH, Crypto.News reports 6 million ETH (16% apart).
reported value (bitmine)
5,067,309 ETH
CoinGape
6,016,414 ETH
Unchained
CoinGape reports 5,067,309 ETH, Unchained reports 6,016,414 ETH (16% apart).
reported value (bitmine)
$13.8 billion
CoinGape
$16.4 billion
Unchained
CoinGape reports $13.8 billion, Unchained reports $16.4 billion (16% apart).
size of the holdings
$17.4 billion
Unchained
$16.2 billion
Bitcoin.com News
Unchained reports $17.4 billion, Bitcoin.com News reports $16.2 billion (7% apart).
Key facts
Bitmine said it acquired 15,112 ETH in the week through Oct. 4, 2026, worth roughly $41 million at $2,726 per token.
15,112 ETHDisputed figureReported by Bitcoin Insider
Bitmine's Ethereum holdings reached 6,016,414 ETH as of Oct. 4, 2026.
6,016,414 ETHDisputed figureReported by Bitcoin Insider
Bitmine valued the holdings at about $16.4 billion at $2,726 per ETH, while Bitcoin.com News put the same position at about $16.27 billion at a price near $2,710.
16,400,000,000 USDDisputed figureReported by Bitcoin Insider
Bitmine said its holdings are about 4.9% of Ethereum's 122.1 million token supply, which Unchained put at roughly 89,000 ETH short of the 5% target.
4.9 %Reported by Bitcoin Insider
Bitmine has staked 5,067,309 ETH worth about $13.8 billion, which Crypto.News put at 84% of its total Ethereum holdings.
5,067,309 ETHDisputed figureReported by Bitcoin Insider
Bitmine projects $363 million in annualized staking revenue from current operations, rising to $431 million if it fully stakes its ETH.
363,000,000 USDReported by CoinGape
Bitmine put total crypto, cash, marketable securities and other investments at $17.4 billion against $17.2 billion a week earlier, a tally that includes 214 bitcoin, a $180 million stake in Beast Industries, $117 million of Eightco Holdings shares and $643 million in cash and marketable securities, down from $672 million.
17,400,000,000 USDDisputed figureReported by Bitcoin Insider
Bitcoin.com News reported that Bitmine has repurchased more than 21 million BMNR shares in 2026, a buyback it values at more than $558 million at a recent share price of $26.60.
558,000,000 USDDisputed figureReported by Bitcoin.com News
What happened
Bitmine Immersion Technologies said on Monday, Oct. 5, that it bought 15,112 ETH in the week through Oct. 4, taking its Ethereum position to 6,016,414 tokens as of 6:30 p.m. ET. The company put the value at about $16.4 billion using a $2,726 Coinbase reference price, and said the stake is about 4.9% of Ethereum's 122.1 million token supply, which Unchained put at roughly 89,000 ETH short of the 5% level the company calls the 'Alchemy of 5%'. Bitcoin.com News valued the same tokens at about $16.27 billion on a price near $2,710, the one clear gap between the outlets' versions of the figure. Bitmine has staked 5,067,309 of its tokens, worth about $13.8 billion, and projects $363 million of annualized staking revenue from current operations, rising to $431 million if it stakes the rest. Unchained reported that the purchase was the second straight week of smaller buying and the lightest since the Aug. 17 update, when 9,926 ETH were added, and that Tom Lee said in May the company would probably ease its pace near 5%, while the release Bitcoin Insider carried describes Bitmine as 99% of the way to the target in 15 months. Bitcoin.com News, the only outlet to mention it, reported that Bitmine has repurchased more than 21 million BMNR shares in 2026, worth over $558 million at a recent price of $26.60. Total crypto, cash, marketable securities and other investments came to $17.4 billion against $17.2 billion a week earlier, with cash and marketable securities falling to $643 million from $672 million.
How the story developed
- Update
Holdings reach 6,016,414 ETH
Bitmine reported 6,016,414 ETH as of 6:30 p.m. ET on Oct. 4 after adding 15,112 ETH for the week.
- First report
First report by Bitcoin Insider
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.02 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $17.4 Billion
- Official statement
Bitmine issues the Oct. 5 holdings release
The company announced the 6,016,414 ETH position, $17.4 billion of total holdings, its 4.9% share of supply and a $41 million weekly purchase.
- Independent corroboration
Independently corroborated by CoinGape
Tom Lee’s BitMine Adds $41M in ETH as Holdings Reach 6.02M Tokens
- Update
Bitmine starts its Ethereum treasury strategy
Bitmine began buying ETH for its treasury on June 30, 2025, and Tom Lee said the company has bought every week since.
- Update
Bitmine passes 6 million ETH
A purchase of 17,362 ETH took holdings to 6,001,302 ETH in late September, 98% of the way to the 5% target.
- Update
Weekly update adds 9,926 ETH
Bitmine's Aug. 17 update showed 9,926 ETH added.
- Official statement
Official statement from Bitcoin.com News
Tom Lee’s Bitmine Nears 5% of Ether Supply With $41M ETH Buy
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 5 Oct 2026, 13:23 UTC: Bitcoin Insider — 1 independent source, 1 reports
- 5 Oct 2026, 13:30 UTC: CoinGape — 2 independent sources, 2 reports
- 5 Oct 2026, 13:55 UTC: Crypto.News — 3 independent sources, 3 reports
- 5 Oct 2026, 14:15 UTC: Unchained — 4 independent sources, 4 reports
- 5 Oct 2026, 15:15 UTC: Bitcoin.com News, official — 5 independent sources, 5 reports
Affected entities
Also mentioned: Nasdaq, Federal Reserve, Kraken, Galaxy Digital
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | Tom Lee’s Bitmine Nears 5% of Ether Supply With $41M ETH Buy | Independent | |
| Bitcoin Insider Aggregator | Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.02 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $17.4 Billion | Original | |
| Unchained Crypto media | Tom Lee’s Bitmine Slows Ether Buying for a Second Straight Week, Adding 15,112 ETH | Independent | |
| Crypto.News Crypto media | Bitmine stakes $13.8 billion in ETH as treasury tops 6 million tokens | Independent | |
| CoinGape Crypto media | Tom Lee’s BitMine Adds $41M in ETH as Holdings Reach 6.02M Tokens | Independent |
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