Bitmine Immersion Technologies disclosed it added 101,745 ETH last week, pushing its crypto and cash holdings to roughly $13.1 billion. The stack now includes 5,180,131 ETH, 200 BTC, an estimated $83 million stake in Eightco Holdings, and a $200 million investment in Beast Industries.
Of the ETH held, 4,362,757 — worth about $10.2 billion at $2,336 per coin — is already staked, generating yield on top of the treasury position. The disclosure underscores Bitmine's continued accumulation cadence as one of the largest publicly listed corporate ETH holders.
Why it matters
Bitmine, chaired by Fundstrat's Tom Lee, has positioned itself as a yield-bearing ETH treasury vehicle rather than a passive holder. Staking the majority of its stack means the company's per-ETH return compounds network validation rewards on top of any price appreciation — a structure that distinguishes it from the BTC-only treasury playbook popularized by MicroStrategy.
Market impact
The 101,745 ETH purchase, while smaller than the multi-week acquisitions that built the bulk of the position, signals continued corporate bid into a market where ETH has spent the past quarter consolidating under $2,400. With 4.36M of 5.18M ETH already staked, the float Bitmine can sell into the market is structurally constrained.
Frequently asked questions
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How much ETH did Bitmine add this week?
Bitmine Immersion Technologies disclosed it added 101,745 ETH last week, bringing its total ETH holdings to 5,180,131.
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What is Bitmine's total crypto and cash position worth?
Approximately $13.1 billion, including 5,180,131 ETH, 200 BTC, an estimated $83 million stake in Eightco Holdings, and a $200 million investment in Beast Industries.
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How much of Bitmine's ETH is staked?
4,362,757 ETH is currently staked, valued at about $10.2 billion based on an ETH price of $2,336.
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How does Bitmine's treasury strategy differ from MicroStrategy's?
Unlike MicroStrategy's BTC-only buy-and-hold approach, Bitmine stakes the majority of its ETH holdings, earning network validation yield on top of any price appreciation.
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Who chairs Bitmine Immersion Technologies?
Fundstrat's Tom Lee chairs Bitmine, which has positioned the company as a publicly traded yield-bearing ETH treasury vehicle.
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