Vitalik Devcon Cosplay Steals the Show as Bitmine Loads Up on More Ethereum

On November 2, 2026, Bitmine Immersion Technologies reported adding 8,573 ether in the latest reported week, bringing its holdings to 6,060,506 ETH as of November 1, valued at $13.7 billion at $2,261 per ETH. The company reported controlling about 4.9% of Ethereum’s supply, near its stated goal of 5%. At Devcon 8 in Mumbai, held November 3-6, Ethereum co-founder Vitalik Buterin appeared on stage in a green cloak and smiling mask. Bitmine has staked 5.23 million ETH, 86% of its holdings, and estimated its staking position could generate about $358 million in annualized rewards; staking lets holders earn rewards by helping secure the network.