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Featured AnalysisPrimary topicEthereum

BitMine adds 71,252 ETH, holdings reach 4.803M (≈4% of supply) valued at $10.2B as NYSE push lifts stock

Apr 6, 20263:11 PMNewsroom AI

BitMine Immersion Technologies purchased 71,252 ETH last week, increasing its total Ethereum holdings to about 4,803,334 tokens, according to company updates and market reports [1] [2].

The stash now represents roughly 3.98% of Ethereum’s circulating supply, with about 3,334,637 ETH reported as staked via the company’s Mavan validator infrastructure; those staked assets are producing annualized staking revenues in the neighborhood of $196 million [1] [3].

At prevailing prices the holdings are valued at just over $10 billion — Decrypt cited the latest addition as roughly $150 million that lifted BitMine’s ETH treasury to about $10.3 billion, while other outlets placed the total near $10.2 billion — and the company’s NYSE promotion and disclosures coincided with a reported rise in its BMNR stock price [4] [2] [5] [6] [3].

BitMine’s continued accumulation advances its stated objective of building a multi-percent ETH treasury; the company’s expanding stake and staking revenues were highlighted in recent coverage as it pursues a roughly 5% target of circulating supply [1] [3].

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