Tom Lee-helmed BitMine Immersion Applied sciences has expanded its place because the world’s largest Ethereum treasury agency, signaling continued confidence in Ethereum regardless of present market weak point.
BitMine added over 40,000 ETH price an estimated $117 million final week as a part of its long-term bid to build up 5% of the asset’s whole provide.
Greatest Buy But In 2026
BitMine disclosed on Monday that it had bought 40,302 ETH over the previous week, at a complete value of round $117.1 million.
The newest acquisition extends its Ethereum treasury to greater than 4.24 million ETH tokens, round $12.2 billion price, making it the biggest Ethereum treasury and second-largest crypto treasury total behind Michael Saylor Technique’s Bitcoin stash (valued at round $62.5 billion).
The NYSE American–listed firm now holds round 3.52% of the whole Ethereum circulating provide. BitMine’s strategic purpose is to amass 5% of the entire ETH provide, at the moment equal to roughly 6.04 million ETH.
The newest enhance is BitMine’s largest Ethereum purchase thus far in 2026, measured each by the quantity of ETH and the U.S. greenback worth on the time of the acquisition.
As of January 25, 2026, BitMine’s crypto and money holdings now whole $12.8 billion, together with 193 BTC ($17 million), a $19 million stake in WLD treasury agency Eightco, $682 million in money, and a $200 million stake in Beast Industries, the enterprise based by YouTube star Jimmy Donaldson, higher often called MrBeast.
BitMine’s whole staked Ethereum stands at over 2 million — virtually half its whole holdings — turning an enormous portion of its treasury right into a yield-generating asset. In different phrases, the corporate successfully locks its ETH tokens to assist safe the proof-of-stake Ethereum community and earns protocol-issued staking rewards for doing so.
“BitMine has staked extra ETH than different entities on the planet,” Chairman Tom Lee famous on Monday. “At scale (when BitMine’s ETH is totally staked by MAVAN and its staking companions), the ETH staking payment is $374 million yearly (utilizing 2.81% CESR), or better than $1 million per day.”
In the meantime, ETH is up 1.3% over the past 24 hours and buying and selling at $2,927.88 — over 40.7% under its August all-time excessive of $4,946, in keeping with CoinGecko.

