Overview
- The company disclosed a roughly 50,928 ETH buy last week, taking holdings to 4,473,587 ETH, or about 3.71% of the 120.7 million token supply, as it pursues a 5% target.
- BitMine has 3,040,483 ETH staked—about 68% of its trove—producing an annualized $172 million in rewards at recent rates.
- Management projects staking revenues could reach roughly $253 million a year once its Made in America Validator Network is fully deployed.
- MAVAN is slated for an early 2026 rollout and is being built in collaboration with three staking providers.
- Total reported assets stand near $9.9 billion, including 195 BTC, $868 million in cash, and stakes in Beast Industries ($200 million) and Eightco Holdings ($14 million), while analytics estimate unrealized ETH losses around $7.5–$7.7 billion and BMNR remains heavily traded.