Bitmine Immersion Technologies disclosed that its crypto holdings total $12.8 billion, including 4,243,338 ETH valued 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 cash totaling $682 million. ETH holdings represent 3.52% of the total ETH supply of 120.7 million. Total staked ETH stands at 2,009,267, worth about $5.7 billion at $2,839 per ETH. Last week, Bitmine added 171,264 ETH, bringing the weekly increase to 171,264.
The company has staked more ETH than any other entity and is advancing MAVAN (Made in America Validator Network) with three staking providers, slated for deployment in early 2026. Bitmine is the largest ETH treasury in the world and maintains a high trading liquidity profile among crypto treasuries.
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