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BitMine Lifts Ethereum Treasury to 4.42 Million ETH With Latest Weekly Purchase

Independent tallies show the accumulation carries over $8 billion in unrealized losses alongside growing staking income.

Bitmine hits 72.3% of its 5% Ethereum ownership goal – Details
Tom Lee's Ethereum treasury Bitmine holds 4.4M ETH worth $8.5B
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Bitmine immersion added $98 million of ether last week as losses balloon to more than $8 billion

Overview

  • The company reports holdings of 4,422,659 ETH, equal to about 3.66% of circulating supply and over 73% progress toward its 5% target.
  • BitMine bought 51,162 ETH in the past week as it continued executing its public accumulation strategy during a market downturn.
  • It has 3,040,483 ETH staked, generating roughly $171 million in annualized rewards, with its MAVAN validator network scheduled for early 2026.
  • Total crypto, cash and strategic assets stand at about $9.6 billion, including 193 BTC, $691 million in cash, a $200 million stake in Beast Industries and $17 million in Eightco Holdings.
  • CoinDesk, citing DropsTab, estimates BitMine spent about $16.4 billion acquiring ETH, leaving more than $8 billion in paper losses, as on-chain trackers report Vitalik Buterin sold roughly 9,700+ ETH in February.