BitMine strengthened the Ethereum Treasury with 3.97 million ETH.

BitMine Strengthens Ethereum Treasury with 3.97 Million ETH

BitMine Immersion Technologies (BMNR) has solidified its position in the industry with a significant move, increasing its Ethereum treasury assets to 3.97 million ETH. Last week, the company purchased an additional 102,259 ETH, bringing its total to 3,967,210 ETH. Currently, the average purchase price of these assets is at the level of $3,074.

World's Largest Corporate Ethereum Treasury

BitMine’s accumulation represents 3.2% of all circulating Ethereum, making the company the owner of the largest corporate Ethereum treasury in the world. Among the company's other assets are 193 Bitcoin, $1 billion in cash, and a $38 million strategic stake in Eightco Holdings. This combination has contributed to raising BitMine's total crypto, cash, and potential investments to approximately $13.3 billion.

Increase in Global Corporate Participation

BitMine President Tom Lee expressed that they believe the expected regulatory and legislative changes in Washington by 2025 will bring about stronger corporate participation. The positive impact of these structural changes on Ethereum supports the company's growth strategy.

A New Step with Staking Solution

Owning the largest ETH treasury globally, BitMine also announced its plans to launch the "Made in America Validator Network" (MAVAN) staking network at the beginning of 2026. This network is positioned as "best in class" to support ETH accumulation strategies.

The information provided here does not constitute investment advice. Please check the sources for information.