---
title: "BitMine Nears 5% of ETH Supply After Adding 9,587 ETH"
url: https://thecoingazette.com/bitmine-nears-5-of-eth-supply-after-adding-9587-eth/
date: 2026-11-09
modified: 2026-11-09
lang: en
author: "Coin Gazette Editorial"
description: "BitMine said it acquired 9,587 ETH over the past week, bringing total holdings to 6,070,092 ETH, or ..."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 64
---

# BitMine Nears 5% of ETH Supply After Adding 9,587 ETH

BitMine said it acquired 9,587 ETH over the past week, bringing total holdings to 6,070,092 ETH, or about 4.97% of Ethereum’s supply. The company has 5,227,037 ETH staked and said fully staking its ETH holdings could generate about $359 million in annualized rewards at its trailing seven-day staking yield of 2.65%. Total crypto, cash, marketable securities and other investments stand at about $14.3 billion.