Bitmine Adds 9,926 ETH as Treasury Reaches 5.82M
Bitmine Immersion Technologies has expanded its Ethereum treasury to 5.82 million ETH, strengthening its position as the world’s largest corporate ETH holder. The company’s crypto, cash, and strategic investments now total $11.4 billion, highlighting its aggressive bet on Ethereum’s long-term growth.
Ethereum Treasury Expands
According to the press release, Bitmine added 9,926 ETH during the past week, extending its weekly buying streak since June 2025. Significantly, the company now controls about 4.8% of Ethereum’s 120.7 million circulating supply.
Additionally, 5.07 million ETH sits in staking programs, generating projected annual revenue of roughly $250 million. Its MAVAN platform could further broaden institutional demand for Ethereum staking services.
Buybacks Strengthen Strategy
Meanwhile, Bitmine repurchased 1.7 million shares last week. Consequent…
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