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Bitmine lifts ETH stash to 5.18M, stakes $508M to become largest corporate ETH staker; total assets $13.1B

Bitmine Immersion Technologies increased its ETH holdings to about 5.18 million tokens, bringing total crypto and cash assets to roughly $13.1 billion [1].

May 4, 20261:27 PMNewsroom AI

Bitmine added 101,745 ETH last week, raising its total ETH holdings to approximately 5.18 million tokens and bringing combined crypto and cash holdings to about $13.1 billion [1] [2] [3].

The company reported 4,362,757 ETH staked, which the disclosure values at roughly $10.2 billion using an ETH price of $2,336; separate reporting also described Bitmine’s move as a $508 million stake that made it the largest corporate staker in ETH [1] [4].

Bitmine’s disclosed portfolio also includes 200 BTC, an estimated $83 million stake in Eightco Holdings, and a $200 million investment in Beast Industries; the firm said its ETH position represents more than 4.29% of a 120.7 million ETH supply and that it is about 86% of the way toward a 5% ownership target [1] [3] [5].

The disclosures detail Bitmine’s growing on‑chain exposure and significant staking position, with the company now reporting multi‑billion‑dollar crypto and cash reserves alongside concentrated ETH holdings [3] [1] [4].

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