Overview
- The latest weekly purchase totaled 65,341 ETH worth roughly $138 million, marking a third straight increase in buying pace from prior ~50,000‑ETH weeks.
- Disclosed holdings now exceed 4.66 million ETH, equal to about 3.86% of circulating supply, according to company updates and filings.
- Roughly 3.14 million ETH are already staked, with management projecting about $272 million in annual rewards once the treasury is fully deployed.
- The firm reports $1.1 billion in cash on hand and an estimated unrealized loss of about $7 billion on its ETH position, per DropsTab data cited in coverage.
- BitMine says its MAVAN validator build‑out aims to scale staking operations, while BMNR shares rose about 3% following the latest disclosure.