Particle.news
Download on the App Store
9 ARTICLES
·
6h ago

Bitmine Adds 51,162 ETH, Holdings Reach 4.42 Million as Staked Pile Tops 3.04 Million

The Ethereum treasury pushes toward a 5% supply target despite more than $8 billion in unrealized losses.

Bitmine hits 72.3% of its 5% Ethereum ownership goal – Details
Tom Lee's Ethereum treasury Bitmine holds 4.4M ETH worth $8.5B
Bitmine immersion added $98 million of ether last week as losses balloon to more than $8 billion
Bitmine stock forms a rare bullish pattern as short interest hits 6%

Overview

  • The company reported owning 4,422,659 ETH, equal to about 3.66% of circulating supply, after its latest weekly purchase.
  • Of that total, 3,040,483 ETH are staked, which the firm says is generating roughly $171 million on an annualized basis.
  • Bitmine said its MAVAN validator network remains on track for a Q1 2026 rollout to institutionalize its staking operations.
  • Independent estimates put cumulative ETH purchases near $16.4 billion, implying paper losses of more than $8 billion at current prices.
  • The firm cited $9.6 billion in crypto, cash, and "moonshots," while BMNR shares fell about 32% over the past month and roughly 63% over six months.