Bitmine added 15,112 ETH to its holdings last week, with 84% of its positions now staked, and its current projected annual revenue stands at $363 million.
45 minutes ago
According to official sources, Bitmine added 15,112 ETH to its holdings over the past week. As of 6:30 PM ET on October 4, 2026, Bitmine’s crypto holdings include: 6,016,414 ETH, 214 BTC, $180 million in equity stakes in Beast Industries, $117 million in equity stakes in Eightco Holdings, and $643 million in total cash and marketable securities. Tom Lee stated: “Against the backdrop of significant macro headwinds this quarter—including a hawkish Federal Reserve, surging oil prices, rising global bond yields, and broad tightening of financial conditions—it is notable that ETH outperformed the S&P 500 by 6,832 basis points in Q3 2026. Year-to-date this quarter, ETH’s 6,832 basis point outperformance has dwarfed all other macro assets.” As of October 4, 2026, Bitmine holds a total of 5,067,309 ETH in staking, valued at roughly $13.8 billion at an ETH price of $2,726 per token. Annualized ETH staking rewards are projected to hit $431 million, based on a 7-day BMNR yield of 2.63%. Tom Lee added: “Annualized staking income is currently forecast at $363 million. The 5.067 million ETH in staking makes up 84% of Bitmine’s total 6.016 million ETH holdings. Bitmine’s in-house staking operations have delivered a 7-day yield of 2.63% (annualized).”
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