- BitMine is also advancing with its proprietary MAVAN staking infrastructure, expected to roll out in early 2026, focused on advancing network participation.
- From the ETH stack, 3.04 million are currently staked, accumulating annualised rewards and emphasising BitMine’s aim on yield along with accumulation.
BitMine Immersion Technologies has potentially widened its Ethereum holdings, now handling 4.423 million ETH, equal to around 3.66% of the overall circulating Ether supply, as per the recent revelation from the firm.
The move positions BitMine among the biggest institutional holders of Ethereum (ETH) over the globe, having an aggregate crypto and cash portfolio valued at around $9.6 billion. Regardless of a period of market weakness that has witnessed prices pull back from 2025 peaks, BitMine has carried on to accumulate Ethereum, buying an extra 51,162 ETH in the latest activity, a shift that compares with wider sell-side pressure observed in the ecosystem.
The Chairman of Bitmine, Tom Lee, said, ‘In the middle of this mini crypto winter, our aim carries on to be methodically carrying out our treasury strategy and gradually acquiring ETH, and in turn, optimising the yield on our ETH holdings.’
From the ETH stack, 3.04 million are currently staked, accumulating annualised rewards and emphasising BitMine’s aim on yield along with accumulation. The purchasing trend comes as the wider crypto market, comprising Ether, remains in a softer phase, with prices pulling back from highs reached in 2025.
The Further Plans
In this period, the co-founder of Ethereum, Vitalik Buterin, has also been selling ETH from personal wallets, captivating attention from traders and on-chain analysts alike. The sales of Buterin, estimated at millions in the latest weeks, have coincided with price consolidation and heightened volatility in ETH markets.
Tom Lee has lately highlighted the long-term approach of the firm, witnessing price levels as captivating entry points given the foundational role of Ethereum in decentralised finance, tokenisation, and smart contract innovation.
BitMine is also advancing with its proprietary MAVAN staking infrastructure, expected to roll out in early 2026, focused on advancing network participation and yield optimisation. Analysts state that the accumulation strategy of BitMine underscores diverging institutional attitudes toward Ethereum, with some high-profile insiders cutting positions.
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Source: https://thenewscrypto.com/bitmine-expands-ethereum-holdings-to-4-4m-eth/