BitMine has been shopping for a number of Ethereum, including tens of 1000’s of ETH in a single week as year-end market pressures push costs down.
In a brand new press assertion, BitMine stated it purchased 44,463 ETH final week. This transfer positions it as what Fundstrat’s Tom Lee described as the most important supply of “contemporary cash” shopping for Ethereum globally.
He added that late-December buying and selling is commonly affected by tax-loss promoting (particularly from December 26–30), which normally pushes down crypto costs. In the meantime, BitMine is utilizing this window to construct long-term publicity.
Ethereum Holdings Attain 3.41% of Whole Provide
As of December 28, BitMine holds 4.11 million ETH, value roughly $12.1 billion at Coinbase costs. This represents 3.41% of Ethereum’s complete circulating provide, transferring the agency roughly two-thirds of the way in which towards its said objective of proudly owning 5% of all ETH.
Along with ETH, BitMine’s stability sheet consists of 192 BTC, $1 billion in money, and a $23 million strategic funding in Eightco Holdings. This brings its complete money, crypto, and “moonshot” holdings to $13.2 billion.
Staked ETH Crosses 408,000 as MAVAN Takes Form
BitMine has already staked 408,627 ETH, value about $1.2 billion, because it prepares to launch its proprietary staking infrastructure, the Made in America Validator Community (MAVAN), in early 2026.
At present Ethereum staking charges, the corporate estimates that absolutely deploying its ETH holdings into staking might generate over $1 million per day in staking rewards at scale. In different phrases, the transfer turns ETH accumulation right into a recurring revenue engine.
With its present holdings, BitMine ranks as the most important Ethereum treasury on the planet and the second-largest crypto treasury globally. It trails solely Technique (previously MicroStrategy), which holds over 670,000 BTC.
The corporate has additionally emerged as one of the actively traded shares within the U.S., averaging $980 million in every day buying and selling quantity. This determine locations it among the many prime 50 most traded equities nationwide.
Institutional Backing and January 2026 Shareholder Assembly
BitMine continues to draw help from main institutional traders, together with ARK Make investments’s Founders Fund, Cathie Wooden, Pantera, DCG, Galaxy Digital, and private backing from Tom Lee himself.
Wanting forward, BitMine will maintain its Annual Stockholder Assembly on January 15, 2026, in Las Vegas. Administration is urging shareholders to approve key proposals tied to its long-term ETH accumulation technique, staking enlargement, and capital construction.
As year-end volatility performs out, BitMine’s aggressive ETH shopping for highlights confidence amongst institutional gamers that Ethereum’s long-term function in world finance continues to be being priced far beneath its potential.
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