TLDR
- Bitmine now holds 4,066,062 ETH, valued at $2,991 each, representing 3.37% of the Ethereum supply.
- Total cryptocurrency, liquidity, and Moonshot holdings reported at $13.2 billion, including $1 billion in cash.
- The company added 98,852 ETH in one week, crossing the 4 million ETH milestone in under six months.
- BMNR stock averages $1.7B in daily trading volume, ranking 66th among all U.S. publicly listed companies.
- Bitmine plans to launch its Ethereum staking solution, MAVAN, in early 2026 to support validator operations.
Bitmine Immersion Technologies reported that its total cryptocurrency and liquidity holdings reached $13.2 billion. The company confirmed Ethereum holdings surpassed four million tokens during the latest reporting period. Bitmine stated its ETH position now represents 3.37% of total circulating supply. The update followed continued accumulation activity that was tracked by Parameter across its crypto treasury.
ETH Holdings Expand as Bitmine Advances Toward 5% Goal
According to a report shared with PR Newswire, Bitmine confirmed that it holds 4,066,062 ETH, valued at $2,991 per token, based on Coinbase’s pricing data. The company added 98,852 ETH during the past week, increasing total exposure. This expansion pushed Bitmine beyond the four million ETH threshold for the first time. The holdings equal 3.37% of Ethereum’s circulating supply of 120.7 million tokens.
The ETH accumulation began approximately five and a half months ago and continued at a steady pace. Bitmine ranks first globally among Ethereum treasury holders based on disclosed balances. The company also ranks second among global crypto treasuries behind Strategy Inc. Strategy currently holds 671,268 Bitcoin valued at $59 billion.
Bitmine’s cryptocurrency portfolio also includes 193 Bitcoin and Moonshot investments valued at $32 million. The company holds $1 billion in cash and high-liquidity reserves. These balances contribute to total holdings of $13.2 billion across cryptocurrencies and liquidity. Fundstrat President Thomas “Tom” Lee confirmed progress toward Bitmine’s stated 5% ETH accumulation objective.
Trading Activity and Corporate Updates Remain Active
Bitmine reported average daily trading volume of $1.7 billion for its BMNR stock over five days. This trading level ranks the stock 66th among United States-listed equities. Fundstrat data placed BMNR just behind Wells Fargo and ahead of Chevron. High trading volume reflects continued market activity surrounding the company.
The company stated it maintains strong liquidity relative to crypto-focused public peers. Bitmine remains supported by institutional investors, including Cathie Wood, Pantera, Kraken, DCG, and Galaxy Digital. These investors maintain exposure through equity participation rather than promotional partnerships. The company did not disclose changes to its investor base.
Bitmine also confirmed progress on its Ethereum staking initiative called MAVAN. Thomas Lee said the staking infrastructure will launch at the start of 2026. The company plans to deploy validator operations focused on Ethereum networks. Bitmine will hold its annual general meeting at Wynn Las Vegas on January 15, 2026.


