BitMine Holds 4.243 Million ETH as Treasury Reaches $12.8B, MAVAN Rollout Planned for 2026

BitMine’s Ethereum holdings total 4.243M ETH (3.52% of supply) as MAVAN validator rollout targets early 2026 amid tokenization momentum.

Rich by Coin

2026-01-26

As of January 25, 2026, BitMine Immersion Technologies’ crypto holdings are comprised of 4,243,338 ETH at $2,839 per ETH (Coinbase), 193 BTC, a $200 million stake in Beast Industries, a $19 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”), and total cash of $682 million. BitMine’s ETH holdings are 3.52% of the ETH supply (of 120.7 million ETH). BitMine invested $200 million into Beast Industries on January 15, 2026 and the initial investment closed this past week and is currently reflected in the “moonshots.” After the closing of the transaction, the company will initially carry the Beast Industries investment at cost.

As of January 25, 2026, BitMine total staked ETH stands at 2,009,267 ($5.7 billion at $2,839 per ETH). This is an increase of 171,264 in the past week. BitMine has staked more ETH than other entities in the world.

At scale, the ETH staking fee would be about $374 million annually (using 2.81% CESR), or more than $1 million per day. The Made in America Validator Network (MAVAN) is under development and is expected to be deployed in early 2026, with three staking providers collaborating toward a commercial MAVAN.

BitMine is now one of the most widely traded stocks in the US. According to Fundstrat, the stock has an average daily dollar volume of $1.2 billion (5-day average, as of January 9, 2026), ranking #91 among 5,704 US-listed stocks. The GENIUS Act and the SEC’s Project Crypto are transformational to financial services, aligning with Ethereum’s role in tokenization and digital asset markets.

One takeaway from Davos is that Wall Street has embraced crypto and blockchain assets and sees the convergence of traditional assets and digital assets. And similarly between crypto and AI convergence, said Thomas “Tom” Lee, Chairman of BitMine.

President Donald Trump said: “Congress is working very hard on crypto market structure legislation, Bitcoin, all of them, which I hope to sign very soon, unlocking new pathways for Americans to reach financial freedom.” Larry Fink, the CEO of BlackRock, said on a WEF Davos panel: “Tokenization is necessary… if we have one common blockchain, we could reduce corruption.” David Sacks, White House Chief of Artificial Intelligence and Cryptocurrency, remarked: “In the long run, banking and crypto will cease to be separate worlds and will transform into ‘a single digital asset industry’.”