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BitMine Lifts Ethereum Stash to 3.97 Million Tokens After Weekly 102,259‑ETH Purchase

Management points to recent U.S. policy shifts to justify continued accumulation toward a 5% ETH goal.

Overview

  • The company now controls more than 3.2% of the ETH supply as it advances toward its stated 5% target.
  • Combined crypto, cash and strategic stakes total about $13.2–$13.3 billion, including $1.0 billion in cash, 193 BTC and a $38 million position in Eightco (ORBS).
  • BitMine says it is the largest Ethereum treasury globally and the second-largest overall crypto treasury behind Strategy Inc. (MSTR).
  • A proprietary staking effort called the Made in America Validator Network (MAVAN) is slated for deployment in early 2026, according to the company.
  • BitMine cites heavy BMNR stock liquidity at roughly $1.9 billion in average daily dollar volume and has set its annual shareholder meeting for January 15, 2026, at the Wynn Las Vegas.