# Will Bitmine announce that it holds more than 7M ETH before 2027? 30 dated claims from 9 publishers are collected below, each with its source. 0 point toward YES and 19 against it; the rest are context. The research behind this brief is dated 13 November 2026. No direction or probability is published here: the claims and their sources are the brief. - Canonical page: https://market-claims.com/briefs/will-bitmine-announce-holding-eth-before-2027-223dc274 - Category: crypto - Evidence collected: 13 November 2026 - Research dated: 13 November 2026 - Published: 13 November 2026 - Market: Polymarket, https://polymarket.com/event/will-bitmine-announce-holding-eth-before-2027#0xfc98aa62bdcc0568c31fb97c6ef36f17e8675276dc42828194738b2273612328 - Venue YES price: 14.5c at 13 November 2026 - Market closes: 1 January 2027 Research only. Not financial advice. No trades are placed. The price is the venue's own market price at the snapshot time, shown as context only. It is not an estimate by MarketClaims. ## The question, as the venue words it Will Bitmine announce that it holds more than 7M ETH before 2027? ## How this market settles This market will resolve to “Yes” if Bitmine officially announces that the company’s total Ethereum holdings are equal to or greater than the number specified in the title at any point by December 31, 2026 11:59 PM ET. Otherwise, this market will resolve to “No”. The resolution source for this market will be official announcements from Bitmine as to their total ETH holdings. For reference, Bitmine's reported ETH holdings can be tracked at: https://www.bitminetech.io/investor-relations#sec-filings ## Evidence you can inspect _These labels describe how a claim relates to the question. They are not recommendations or independent votes._ ### Evidence supporting YES (0 claims) _No claims in this category. Absence here is a coverage limit, not a finding._ ### Evidence challenging YES (19 claims) - "ETH fell about 5% on the day Bitmine announced its buying would stop" [TechBullion](https://techbullion.com/ethereum-news-bitmine-now-owns-4-9-of-all-eth-as-pepeto-buyers-target-100x/), published 11 October 2026 - "Bitmine Immersion Technologies Inc, a company led by Tom Lee, now holds 6,070,092 Ethereum (ETH)" [Liputan 6](https://www.liputan6.com/crypto/read/8332199/bitmine-kini-genggam-607-juta-ethereum), published 10 November 2026 - "Bitmine acquired 9,587 ETH for approximately $20.4 million, at an average price of $2,134 per token" [Crypto Economy](https://crypto-economy.com/bitmine-adds-20m-in-eth-expanding-holdings-to-6-07-million-tokens/), published 10 November 2026 - "As of November 8, 2026, Bitmine has 5,227,037 ETH staked, valued at $11.7 billion at a price of $2,234 per ETH" [CNHI News](https://www.cnhinews.com/news/article_0a80fcdb-de4b-591d-9885-14b954f90db8.html), published 9 November 2026 - "Bitmine is 99% of the way to its goal of acquiring 5% of the total ETH supply, referred to as the 'Alchemy of 5%', in just 15 months" [CNHI News](https://www.cnhinews.com/news/article_0a80fcdb-de4b-591d-9885-14b954f90db8.html), published 9 November 2026 - "Bitmine has 5,227,037 ETH staked, valued at $11.7 billion, with each ETH priced at $2,234" [CNHI News](https://www.cnhinews.com/news/article_7a9cdb76-abdc-5947-a0b3-48a23e86af62.html), published 9 November 2026 - "Bitmine is 99% of the way to achieving its goal of acquiring 5% of the total ETH supply, known as the 'Alchemy of 5%', in just 15 months" [CNHI News](https://www.cnhinews.com/news/article_7a9cdb76-abdc-5947-a0b3-48a23e86af62.html), published 9 November 2026 - "Bitmine holds an unrealized loss of more than $6 billion on its ETH holdings, with an average purchase price of $3,322 per ETH" [Coingape](https://coingape.com/tom-lees-bitmine-adds-10452-eth-repurchases-2m-bmnr-shares/), published 26 October 2026 - "Last week, Bitmine purchased 9,587 ETH, an acquisition valued at approximately $20.3 million or Rp 366.74 billion at current prices" [Liputan 6](https://www.liputan6.com/crypto/read/8332199/bitmine-kini-genggam-607-juta-ethereum), published 10 November 2026 - "Bitmine reported that 5,227,037 ETH, approximately 86% of its treasury, is currently staked" [Crypto Economy](https://crypto-economy.com/bitmine-adds-20m-in-eth-expanding-holdings-to-6-07-million-tokens/), published 10 November 2026 - "Bitmine's total ETH holdings increased to 6,070,092 ETH, representing approximately 4.97% of Ethereum's circulating supply" [Crypto Economy](https://crypto-economy.com/bitmine-adds-20m-in-eth-expanding-holdings-to-6-07-million-tokens/), published 10 November 2026 - "As of November 8, 2026, Bitmine held 6,070,092 ETH out of a total supply of 122.2 million ETH, with each ETH valued at $2,234" [The Cryptonomist](https://es.cryptonomist.ch/2026/11/09/las-tenencias-de-ethereum-de-bitmine-superan-los-607-millones-de-eth/), published 9 November 2026 - "Bitmine has 5,227,037 ETH in staking, valued at $11.7 billion" [The Cryptonomist](https://es.cryptonomist.ch/2026/11/09/las-tenencias-de-ethereum-de-bitmine-superan-los-607-millones-de-eth/), published 9 November 2026 - "In the past week, Bitmine purchased an additional 9,587 ETH" [The Cryptonomist](https://es.cryptonomist.ch/2026/11/09/las-tenencias-de-ethereum-de-bitmine-superan-los-607-millones-de-eth/), published 9 November 2026 - "BitMine is 0.05 percentage points away from its goal of acquiring 5% of the circulating ETH and has announced it will cease purchasing once this target is met" [klamm.de](https://www.klamm.de/news/bitmine-erwirbt-10452-eth-waehrend-ethereum-mit-etf-abfluessen-konfrontiert-ist-82n5a3793f.html), published 27 October 2026 - "As of October 25, 2026, Bitmine holds 6,051,933 ETH valued at $2,356 per ETH, 215 Bitcoin (BTC), a $180 million stake in Beast Industries, and a $76 million stake in Eightco Holdings" [Thailand Business News](https://www.thailand-business-news.com/pr-news/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-6-05-million-tokens-and-total-crypto-and-total-cash-marketable-securities-holdings-of-15-billion), published 26 October 2026 - "Bitmine now holds 4.95% of the total ETH supply, nearing its goal of holding 5% of the total supply" [Coingape](https://coingape.com/tom-lees-bitmine-adds-10452-eth-repurchases-2m-bmnr-shares/), published 26 October 2026 - "Since initiating its Ethereum treasury strategy in June 2025, Bitmine has achieved 99% of its target supply, referred to as the 'Alchemy of 5%'" [Liputan 6](https://www.liputan6.com/crypto/read/8332199/bitmine-kini-genggam-607-juta-ethereum), published 10 November 2026 - "Bitmine holds 4.9% of Ethereum's disclosed supply" [The Cryptonomist](https://cn.cryptonomist.ch/2026/10/12/bitmine-%e7%9a%84-eth-%e6%8c%81%e6%9c%89%e9%87%8f%e5%b7%b2%e8%be%be%e5%88%b0%e4%bb%a5%e5%a4%aa%e5%9d%8a%e6%80%bb%e4%be%9b%e5%ba%94%e9%87%8f%e7%9a%84-4-9%ef%bc%8c%e6%8e%a5%e8%bf%91%e5%85%b6-5-%e7%9a%84/), published 12 October 2026 ### Context (11 claims) - "Bitmine owns 4.97% of the total ETH coin supply, which amounts to 122.2 million coins" [CNHI News](https://www.cnhinews.com/news/article_0a80fcdb-de4b-591d-9885-14b954f90db8.html), published 9 November 2026 - "Bitmine owns 4.97% of the total ETH coin supply, which amounts to 122.2 million coins" [CNHI News](https://www.cnhinews.com/news/article_7a9cdb76-abdc-5947-a0b3-48a23e86af62.html), published 9 November 2026 - "Bitmine's ETH holdings represent approximately 4.97% of the total circulating ETH supply, which is around 122.2 million ETH" [Liputan 6](https://www.liputan6.com/crypto/read/8332199/bitmine-kini-genggam-607-juta-ethereum), published 10 November 2026 - "The value of Bitmine's ETH holdings exceeds $12.9 billion or Rp 233.05 trillion at current prices" [Liputan 6](https://www.liputan6.com/crypto/read/8332199/bitmine-kini-genggam-607-juta-ethereum), published 10 November 2026 - "Bitmine's ETH treasury is valued at over $12.9 billion at current market valuations" [Crypto Economy](https://crypto-economy.com/bitmine-adds-20m-in-eth-expanding-holdings-to-6-07-million-tokens/), published 10 November 2026 - "Bitmine owns $75 million of Eightco (NASDAQ: ORBS), which provides indirect exposure to OpenAI" [CNHI News](https://www.cnhinews.com/news/article_7a9cdb76-abdc-5947-a0b3-48a23e86af62.html), published 9 November 2026 - "Bitmine's Series A Preferred Stock is trading on the NYSE under the symbol BMNP" [CNHI News](https://www.cnhinews.com/news/article_7a9cdb76-abdc-5947-a0b3-48a23e86af62.html), published 9 November 2026 - "Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026" [CNHI News](https://www.cnhinews.com/news/article_7a9cdb76-abdc-5947-a0b3-48a23e86af62.html), published 9 November 2026 - "Bitmine released its Chairman's Message on October 7, titled "Crypto Bull Underway -- This Cycle Likely the Largest" [CNHI News](https://www.cnhinews.com/news/article_7a9cdb76-abdc-5947-a0b3-48a23e86af62.html), published 9 November 2026 - "The Bitmine stock (BMNR) is trading at $22, down almost 3%, following the announcement of the ETH purchase and share buyback" [Coingape](https://coingape.com/tom-lees-bitmine-adds-10452-eth-repurchases-2m-bmnr-shares/), published 26 October 2026 - "Tom Lee views ETH not as a 'cash flow' token model but as a pure and trustworthy collateral asset, reflecting Ethereum's position as the preferred Layer 1 for financial institutions moving assets to the blockchain" [Liputan 6](https://www.liputan6.com/crypto/read/8332199/bitmine-kini-genggam-607-juta-ethereum), published 10 November 2026 ## What this brief cannot settle This brief was assembled automatically from a research report that met a published quality bar. No individual review. It rests on 30 claims from 9 publishers; anything not reported in those sources is not represented here. The report recorded 5 resolution risks, listed with this brief. - The term 'officially announces' is not precisely defined — it is unclear whether SEC filings, press releases, website updates, or social media posts qualify as official announcements - The resolution source URL points to SEC filings section but the description says 'official announcements' which may be broader than SEC filings alone - 7M ETH is an extraordinarily large amount (roughly 5.8% of total ETH supply as of 2024), making the threshold potentially implausible but not ambiguous in definition - No clarification on whether 'total ETH holdings' includes staked ETH, ETH held in wallets, ETH held by subsidiaries, or other forms of ETH exposure - Timezone ambiguity: end date is listed as both December 31, 2026 11:59 PM ET in description and 2027-01-01T05:00:00Z in metadata, which are consistent but should be confirmed ## Publication history - Published 13 November 2026; research dated 13 November 2026. - Published 8 November 2026; research dated 8 November 2026. - Published 4 November 2026; research dated 4 November 2026. ## Since the previous brief Compared with research dated 8 November 2026. This revision replaces research dated 8 November 2026 with research dated 13 November 2026. 20 of 24 cited sources are new; 4 are carried over. --- The same research can be run on any Polymarket or Kalshi market at https://market-claims.com.