Coinspeaker
Jan 26, 2026
4 0

BULLISH 📈 : BitMine Acquires 40,302 ETH, Holds 3.52% of Supply

BitMine Immersion Technologies Acquires Ethereum

  • BitMine Immersion Technologies acquired 40,302 Ethereum, marking its largest purchase in 2026.
  • The company holds 4,243,338 ETH, valued at $12.05 billion, representing 3.52% of the total Ethereum supply.
  • BitMine remains the world's largest corporate Ethereum holder and aims to control 5% of the total supply.
  • Total crypto and cash holdings total $12.8 billion, including 193 Bitcoin and $682 million in cash.

Positive Reactions and Future Plans

  • Global leaders, including Donald Trump and BlackRock's Larry Fink, expressed positive sentiment about digital assets at the World Economic Forum.
  • BitMine has shareholder approval to expand its treasury and plans to launch Made in America Validator Network (MAVAN) staking infrastructure in Q1 2026.
  • The company has staked 2,009,267 ETH, generating an estimated $374 million annually in staking fees.

BMNR Stock Performance

  • BMNR stock traded at $28.63 with high trading volume but showed limited gains despite being actively traded.
  • Trend Research from Hong Kong also acquired 41,500 ETH using decentralized borrowing, highlighting the trend of corporate Ethereum accumulation.
  • BitMine is close to achieving its goal of controlling 5% of Ethereum's supply.