Bitmine Reports $16.2 Billion in Crypto Holdings With 6 Million ETH

PRICE MOVEBitmine Reports $16.2 Billion inCrypto Holdings With 6 MillionETH25IMPORTANCECLOSED7NEWS MEDIA7PIECESOct 12, 2026 12:41blockboard.net

BitMine said its Ethereum treasury rose by 12,532 ETH over the prior week, bringing holdings to 6,028,946 ETH. The company said that stake equals 4.9% of Ethereum’s 122.1 million token supply, and one report put its ether at roughly $15.3 billion at current prices. Separate coverage also tied the latest holdings to an 84% staking rate and a projected $363 million in annualized staking revenue.

What this rests on

Claim by claim, with its source
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Another report said BitMine’s treasury was 84% staked after the latest update.
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One report valued BitMine’s ETH stake at about $15.3 billion at current prices.
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BitMine said on Oct. 12, 2026 that it bought 12,532 ETH over the previous week, lifting its Ethereum treasury to 6,028,946 ETH.
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The company said that position represented 4.9% of Ethereum’s 122.1 million token supply.
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A separate report put BitMine’s annualized staking revenue at $363 million.

Market reaction

ET Ethereum the event is about this asset from 2 h before to 4 h after the line marks the first headline
published
-0.53 % before publication
-0.45 % after
$2,539price at publication
12series points

The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.

How the story was built

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 12 12:35
Coinpedia scoop
Breaks the event: $16.2B and $612M
+1 h 8 m
Oct 12 13:43
+3 h 43 m
Oct 12 16:18
Unchained adds
Breaks the figures down; the largest, $17.4B, with quotes
+4 h 22 m
Oct 12 16:57
BeInCrypto adds
Breaks the figures down; the largest, $15.3B, with quotes
+6 h 55 m
Oct 12 19:30
CR Cryptopolitan adds
Adds $41M and $32M, with quotes
+19 h 36 m
Oct 13 08:11
MEXC echo
No new facts: concentration, accumulation, measurable; with quotes
+23 h 25 m
Oct 13 12:00
The Coin Republic adds
Adds $363M; brings into the story: BMNR, with quotes

Where this sits in the Ethereum series

WhenWhat happenedFigure
1.0 years ago ETH a 4.245 $ high today it sits -43.0 % from there
4 months ago ETH a 1.566 $ low today it sits +54.7 % from there

From what we have stored, starting 1.0 years ago.

What could happen next

What the prediction markets currently price as likely. This is context, not a forecast of ours: there is money on it, and that is all we show.

0 % no series
Kalshi · $1,148,516 of open interest · resolves on Oct 2, 2026
0 % no series
Kalshi · $1,135,683 of open interest · resolves on Oct 6, 2026
5 % no series
Kalshi · $874,949 of open interest · resolves on Oct 1, 2026
0 % no series
Kalshi · $850,999 of open interest · resolves on Oct 2, 2026