Bitmine Immersion Technologies has been making statements about its active accumulation and staking of Ethereum. In just a few months, the company has amassed one of the largest ETH vaults held by a public company and is steadily progressing toward its ambitious goal of controlling 5% of the total Ethereum supply.
according to According to recently disclosed information, Bitmine currently holds approximately 4.17 million Ethereum (ETH) tokens, equivalent to approximately 3.45% of the total circulating supply. Additionally, the company's total ETH tally now exceeds 1.2 million.
Big risks and clear goals
Bitmine is now Largest Buyer of New Funds in ETH A series of ETH purchases has left many Ethereum investors wondering what impact this could have on altcoin prices.
Under the leadership of Tom Lee, Bitmine Immersion has put approximately $3.9 billion worth of Ethereum into staking. This is a move that demonstrates confidence in ETH's long-term prospects and the company's desire to generate returns for investors. In particular, the total ETH staked by the company is Now it's over With 1.2 million tokens, it is nearly 70% of its self-proclaimed “Alchemy of the 5%” goal of owning 5% of all Ethereum in circulation.
Bitmine’s approach to staking is starting to diversify beyond passive returns. The company is preparing to launch its own Made in America Validator Network (MAVAN), which it says will be one of the largest ETH staking infrastructures in the ecosystem once live.
This means that Bitmine is now looking to transition from simply holding and staking Ether through third parties to becoming a staking infrastructure provider. If ETH staked on Bitmine were managed through MAVAN and its partners at current rates, Ethereum staking fees could generate approximately $370 million for the company.
Balance sheet growth to sustain Ethereum accumulation
Bitmine’s Balance Sheet Stretch well Staking operation passed. The company currently holds a diverse pool of assets encompassing Bitcoin, Ethereum, other digital assets, and cash, with a total holding value of approximately $14 billion, including just over 4 million ETH.
Interestingly, the company has continued to increase its holdings in recent weeks while increasing its liquid cash position. Recent Purchase History Last week it was 24,266 ETH.
At the same time, the company has made a corporate decision that it is important to maintain its strategy of steadily accumulating more Ethereum tokens. especially, Bitmine is currently looking for: A positive shareholder vote of 50.1% was held to increase the number of shares authorized at the Annual General Meeting scheduled for January 15, 2026.
According to the company, its current authorization of 500 million shares is almost fully utilized, and reaching that limit would significantly slow its ability to continue acquiring Ethereum at its current rate.
Featured image from Getty Images, chart from Tradingview.com
editing process for focuses on providing thoroughly researched, accurate, and unbiased content. We adhere to strict sourcing standards, and each page is diligently reviewed by our team of leading technology experts and seasoned editors. This process ensures the integrity, relevance, and value of the content for readers.
