Overview
- Bitmine, which disclosed Monday it holds 4,803,334 ETH, now controls about 3.98% of the circulating supply as it targets 5%.
- The stock will move to the New York Stock Exchange on April 9, with trading on NYSE American ending after the close on April 8.
- About 3.334 million ETH are staked through the MAVAN validator network, generating roughly $196 million a year at current rates and projecting $282 million at full deployment.
- The company bought 71,252 ETH last week in its fastest weekly pace since December 2025, continuing an accelerated accumulation plan.
- Bitmine reports $11.4 billion in crypto, cash and investments, including $864 million in cash and 198 BTC, a war chest that supports buys and reduces exchange-available ETH as more is locked for staking.