BitMine ETH Treasury Nears 6 Million Tokens As Total Holdings Reach $17.1B

TL;DR BitMine reported 5,983,940 ETH in its treasury, just short of 6 million tokens. The company valued its combined treasury holdings at $17.1 billion. The disclosure also listed 212 BTC, $714 million in cash and securities, and stakes in Beast Industries and Eightco. BitMine Immersion Technologies has pushed its Ethereum treasury to within touching distance of 6 million ETH. A September 21 filing shows the company holds 5,983,940 ETH, alongside 212 BTC and a wider portfolio of cash, securities and strategic investments. BitMine put the combined value of those holdings at $17.1 billion. BitMine’s ETH Position Keeps Growing The exact ETH figure matters here. BitMine has not yet crossed 6 million ETH; it reported 5,983,940 tokens. According to the company’s disclosure, that position represents roughly 4.9% of the circulating ETH supply figure it used in the filing. The company also reported $714 million in cash and marketable securities, a $180 million stake in Beast Industries and a $105 million stake in Eightco. Taken together, the numbers show that BitMine’s balance sheet is broader than ETH alone, even though Ethereum remains the dominant part of the story. Ethereum Treasury Co...