Bitmine Acquires Additional ETH, Holdings Reach 4.9% of Supply

2026-09-29

Bitmine has increased its Ether holdings, now controlling 4.9% of the total Ethereum supply. The firm has staked 84% of its tokens, anticipating substantial annual staking rewards.

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Bitmine has acquired an additional $47 million worth of Ether, increasing its total holdings to 4.9% of the Ethereum supply. The firm has staked 84% of its tokens and anticipates substantial annual staking rewards.

Key facts

Bitmine acquired an additional $47 million worth of Ether.
Bitmine's total Ether holdings now represent 4.9% of the Ethereum supply.
The firm has staked 84% of its current token holdings.
Bitmine projects annual staking rewards of approximately $358 million from its staked position.

Source: Decrypt

Reported by VERA Newswire.