Tom Lee’s Bitmine Immersion disclosed that it purchased extra Ethereum up to now week regardless of a market selloff. The announcement got here as ETH traded close to $2,025, down by 4% in 24 hours and 12% over seven days. Bitmine stated its crypto, money, and “moonshots” holdings now whole $10.0 billion, as most digital belongings and crypto shares declined.
Bitmine Expands Ethereum Treasury Regardless of ETH Dip
In its disclosure, the corporate revealed that it acquired 40,613 ETH over the previous week amid Ethereum’s crash beneath $2,000. The corporate’s chairman, Tom Lee, remarked that the agency considered the pullback as engaging because of what he described as stronger Ethereum fundamentals. Lee additionally stated Bitmine believes ETH’s worth doesn’t match its utility.
The corporate reported whole crypto holdings of 4,325,738 ETH valued at $2,125 per coin, together with 193 Bitcoin. It additionally disclosed a $200 million stake in Beast Industries and a $19 million stake in Eightco Holdings. As well as, Bitmine reported whole money of $595 million.
Bitmine Ethereum holdings now signify 3.58% of the overall ETH provide, listed at 120.7 million ETH. The corporate additionally reported that as of Feb. 8, 2026, it had staked 2,897,459 ETH. Primarily based on its $2,125 reference worth, the staked steadiness was valued at about $6.2 billion.
Staking Yield Climbs as BMNR Inventory Dips
Lee stated Bitmine’s staking rewards might attain $374 million yearly as soon as all ETH is absolutely staked by way of MAVAN companions. He primarily based that estimate on a 3.115% CESR. He additionally said the corporate’s annualized staking revenues now stand at $202 million, up 7% over the previous week.
Lee added that Bitmine’s personal staking operations produced a 7-day annualized yield of three.3234%. He additionally stated Bitmine continues creating its Made in America Validator Community, generally known as MAVAN.
In response to Lee, Bitmine plans to deploy MAVAN in early calendar 12 months 2026 and is working with three staking suppliers. Bitmine is the highest Ethereum treasury and the second-largest international crypto treasury holder.
That is behind Technique Inc, which acquired 1,142 BTC at this time regardless of a $5B unrealized loss on Bitcoin holdings. In the meantime, BMNR inventory fell from its prior shut of $20.47 to $20.26 at this time, marking a 1% decline.
Supply: Yahoo Finance
Some Ethereum Whales Promote Amid Crash
In response to Lookonchain knowledge, TrendResearch has accomplished its Ethereum selloff. TrendResearch deposited 651,757 ETH value $1.34 billion into Binance. It reportedly offered at a median worth of $2,055, with a complete lack of almost $747 million.
Moreover, Lookonchain reported a pockets linked to the Infini exploit resurfaced after months of inactivity. The pockets spent $13.32 million in DAI to purchase 6,316 ETH at $2,109. Shortly afterward, it moved 15,470 ETH, value about $32.6 million, to Twister Money.
There was prior exercise tied to the identical pockets, together with shopping for 17,696 ETH in February 2025 after stealing 49.5 million USDC. It later despatched 5,000 ETH to Twister Money in July 2025 and offered smaller batches close to $3,322 and $4,202.
