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BitMine holds ETH more than 6 million coins after a slow weekly peak.17,362 The token

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#Eight hundred and eighty thousand#The crypto market#BitMine#The digital asset vault#Locking coins

BitMine holds ETH more than 6 million coins after a slow weekly peak.17,362 The token

What's this about: BitMine accumulates Ethernet up to 6,001,302 dollars

The report, which was first released to the public on CryptoPotato stated that as of Monday, BitMine Immersion Technologies (BMNR) reported it held Ethereum ETH with more than 6 million dollars after additional purchases.17,362 ETH In the week ending September 27, this number brought its total inventory cap at 6,001,302 ETH although the latest purchase is less than the previous week's buy27,562 ETH but still in line with the company's planned warehousing strategy starting June 30.2025

BitMine ถือ ETH เกิน 6 ล้านเหรียญแล้ว หลังยอดซื้อรายสัปดาห์ชะลอเหลือ 17,362 โทเคน

Why is the supply ratio important?

BMNR's inventory is equal 4.9% to the stated 122.1 million ETH Ethernet supply, and approaches the target 5% set by the company. The fact that a single firm holds such a large proportion of assets with limited supply allows readers to see changes in market structure more concretely than just daily price news.

Valued at $11 billion and ranking as a digital asset treasury

The company uses a reference price of Coinbase at 2,698 U.S. dollars per ETH to estimate the value when combined with cryptocurrency, cash, equity and related stock holdings totaling $11 billion. The report ranks BMNR as the world's second largest digital asset treasury after Strategy (MSTR).

The coin lock and the company's estimated revenue.

Tom Lee, the company's chairman, stated that BMNR built this status in less than 15 months and its inventory crossed 5 million.ETH By late April it was reported to haveETH locked down a number5,067,309 ETH estimated to be worth13.7 billions of US dollars at reference prices.

BitMine ถือ ETH เกิน 6 ล้านเหรียญแล้ว หลังยอดซื้อรายสัปดาห์ชะลอเหลือ 17,362 โทเคน

The company reported the same number of lockdowns in its weekly update as of August 9, according to a filing,SEC but the lockdown ratio decreased further84% due to continued increases in total holdings.

The lock company through MAVAN, the Made in America validator Network launched in March and through outside allies Lee estimates annual revenue from locks at US$358 million on a seven-day return2.62% model of BMNR operations alone and would increase to US$424 million if all Ethernet was blocked.

Other information that the company holds and cash value changes.

In addition to Ethernet and cash, the company reportedly holds213 BTC US$180 million in Beast Industries and a $115 million position in Eightco Holdings (ORBS), which it describes as one of the few exchanges that helped open up OpenAI .

On the liquidity side, cash and available assets dropped to $672 million from $714 million a week earlier.

BitMine ถือ ETH เกิน 6 ล้านเหรียญแล้ว หลังยอดซื้อรายสัปดาห์ชะลอเหลือ 17,362 โทเคน

A look at the institutions and schedules that companies reveal.

Lee viewed the institution as still having a lower-than-deserved digital asset status and expected to increase holdings in the final months of the year.2026 He also noted thatETH performing above S&P500 is 6,728 point-based counting from the quarterly tree, and he'll be speaking at Korea blockchain Week in Seoul on September 30.

The impact on Thai and Myanmar readers

For readers in Thailand, this information should be viewed from the perspective of market structure rather than a buy or sell signal. Viewing prices as dollars ( THB ) on platforms registered under the supervision of the Office of the Securities and Exchange Commission (SEC) ( the SEC (Thailand) ) such as Bitkub will help to compare real values with quoted prices more clearly.

In this context, digital asset users are often interested in cross-border value transfer and value citation, so they should always keep an eye on news from companies that hold large amounts of assets alongside local regulations. This information is a reporting of facts and opinions disclosed by the company, not as investment advice.

It's a warning.

This is information gathering, not investment advice.

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