Bitmine Scoops up More ETH, Tightening Grip on Global Ethereum Supply

Bitmine Adds Nearly 33K ETH in a Week

Bitmine Immersion Technologies said Monday that its combined crypto assets, cash, and equity investments now total about $14.2 billion. The ethereum stack alone stands at roughly 4.144 million ETH, representing about 3.43% of the circulating ETH supply, based on company figures.

Bitmine also reported holding 192 bitcoin and $915 million in cash, alongside smaller strategic equity positions described as “moonshots.” The latest disclosure shows Bitmine added nearly 33,000 ETH over the past week, even as broader equity and crypto activity slowed late in 2025.

Company data frames Bitmine as the largest “fresh money” buyer of ethereum globally, a label it has leaned on as it pushes toward a stated long-term target of owning 5% of total ETH supply. Staking has also moved higher. As of Jan. 4, Bitmine had 659,219 ETH staked, up more than 250,000 ETH in a single week, with an estimated value near $2.1 billion at prevailing prices.

The firm is working with three staking providers and plans to roll out its proprietary Made in America Validator Network (MAVAN) in early 2026. At scale, Bitmine estimates annual staking fees could exceed $370 million, based on the composite Ethereum staking rate.

“The surge in commodity and precious metals in 2025 bodes well for crypto prices in 2026, which tend to follow metal price moves,” Bitmine Chairman Tom Lee stated during the announcement.

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Alongside its balance sheet update, Bitmine confirmed its annual shareholder meeting will be held Jan. 15 at the Wynn Las Vegas. Management is seeking approval to increase authorized shares, citing flexibility for capital markets activity, potential share splits, and selective acquisitions.

The company also highlighted strong trading activity in its stock, noting that Bitmine ranked among the most actively traded U.S. equities by dollar volume in early January. With ethereum accumulation, staking expansion, and capital planning all moving in parallel, Bitmine is positioning itself less like a passive treasury and more like a full-time ETH hoarder with a calculator always in hand.

FAQ ❓

• How much ethereum does Bitmine hold now?
  Bitmine reported holding about 4.144 million ETH as of Jan. 4, 2026.
• What share of ETH supply does that represent?
  The company says its holdings equal roughly 3.43% of total circulating ethereum.
• Is Bitmine staking its ethereum?
  Yes, more than 659,000 ETH is currently staked, with further expansion planned.
• What is MAVAN?
  MAVAN is Bitmine’s planned in-house ethereum validator network expected to launch in early 2026.