Overview
- BitMine disclosed a purchase of 45,759 ETH worth about $90–91 million, taking its holdings to 4,371,497 ETH valued near $8.7 billion.
- Its stash equals roughly 3.62% of Ethereum’s circulating supply, with about 3.04 million ETH staked generating an estimated $176 million annualized at recent yields.
- The company reiterates a goal to control 5% of ETH supply under its “Alchemy of 5%” program and reports total assets of roughly $9.6 billion including $670 million in cash.
- MAVAN, BitMine’s Made‑in‑America Validator Network, remains on track for a first‑quarter 2026 rollout to internalize staking operations and target higher efficiency.
- On-chain and holdings data show institutions increasing exposure to Ethereum infrastructure, including a reported 165.5% jump in BlackRock’s BitMine stake in Q4 2025 with ARK Invest also adding shares.