Bitmine’s Ether Holdings Surpass 4.1 Million Tokens, Total Assets Reach $13.2 Billion
- Bitmine Immersion Technologies (BMNR) holds over 4.1 million ETH, valued at approximately $3,017.33 each.
- The company’s total assets, including cash and higher-risk investments, amount to $13.2 billion.
- Bitmine is now the largest publicly owned ether treasury globally and second overall among corporate crypto treasuries.
- As of December, Bitmine also holds 192 bitcoin and has staked approximately 408,627 ETH.
- The firm aims for a staking revenue of around $374 million annually from its ether holdings.
Bitmine’s substantial ether position represents about 3.41% of Ethereum’s circulating supply, highlighting its significant role in the market.
The company plans to launch its Made in America Validator Network (MAVAN) by early 2026.
With total holdings reaching $13.2 billion, Bitmine continues to assert itself as a major player in the crypto landscape.Source