What percentage of Ethereum does Bitmine own?

Bitmine owns approximately 4.81% of Ethereum's circulating supply of 120.68 million ETH as of August 2026, making it the largest Ethereum treasury company in the world.

What is Bitmine's Alchemy of 5% strategy?

The Alchemy of 5% is Bitmine's goal to acquire 5% of Ethereum's total circulating supply. The company aims to transform Ethereum's volatile nature into a reliable, yield-generating asset through staking on its MAVAN platform, targeting approximately $257 million in annualized staking revenue.

Blockzeit Data Hub

Bitmine.
Every Ethereum purchase.

Name: Bitmine Ethereum Purchase History
Creator: Blockzeit
License: https://creativecommons.org/licenses/by/4.0/

The complete acquisition history of the world's largest corporate Ethereum holder, sourced from official SEC filings, updated after every purchase.

5,805,238

Ethereum held, as of Aug 10, 2026

$19.5B

Invested

$3,359

Avg. Price

Purchases

4.81%

Of ETH Supply

Share of total Ethereum supply

4.81%

5,805,238 ETH held ~120,700,000 ETH circulating supply

Target, "Alchemy of 5%" 5.00%

Bitmine Ethereum Accumulation over time

July 2025, present

ETH held

Value of Ethereum held

Data sourced from DropsTab, official press releases, and SEC Form 8-K filings. Highlighted rows indicate purchases over 100,000 ETH.

Complete Purchase History

50 purchases

Date	ETH Acquired	Avg. Price	Cost	Total Held

As of August 10, 2026, Bitmine (BMNR) holds 5,805,238 ETH across 58 purchases since July 2025, representing 4.81% of Ethereum's circulating supply. Total cost basis: approximately $19.5 billion at an average of $3,359 per ETH. Bitmine has purchased Ethereum every week since June 30, 2025 and is 96% of the way to its Alchemy of 5% target.

Data maintained by Pascal Niggli, Founder and CEO, Blockzeit.com. Updated with every filed transaction.

Frequently Asked Questions About Bitmine's Ethereum Holdings

How much Ethereum does Bitmine own?

As of August 10, 2026, Bitmine holds 5,805,238 ETH across 58 purchases since July 2025. That's approximately 4.81% of Ethereum's 120.68 million circulating supply, making Bitmine the largest Ethereum treasury company in the world.

Is Bitmine still buying Ethereum in 2026?

Yes. Bitmine has bought Ethereum every single week since launching its ETH treasury strategy on June 30, 2025, without interruption. The company is actively targeting 5% of Ethereum's total supply and is currently 96% of the way to that goal.

What is Bitmine's Alchemy of 5% program?

Alchemy of 5% is Bitmine's goal to acquire and hold 5% of Ethereum's total circulating supply. The company aims to use its staking platform MAVAN to generate yield on those holdings, with projected annualized staking revenue of around $257 million at current ETH prices.

What percentage of all Ethereum does Bitmine own?

Bitmine owns approximately 4.81% of Ethereum's circulating supply of 120.68 million ETH as of August 2026. This is the largest Ethereum treasury held by any publicly traded company globally.

What is Bitmine's average Ethereum purchase price?

Bitmine's average purchase price across all 58 transactions is approximately $3,359 per ETH, with a total investment of around $19.5 billion since July 2025. Recent purchases have been made at significantly lower prices, between $1,820 and $1,948 per ETH.

Last updated: August 11, 2026