Bitmine Immersion Technologies disclosed a purchase of 101,745 ETH last week, lifting its total crypto and cash holdings to approximately $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 5.18 million ETH held, 4,362,757 are actively staked — valued at roughly $10.2 billion at an ETH price of $2,336. That staking ratio signals Bitmine is not simply accumulating for balance-sheet optics; it is deploying capital into yield-generating positions at institutional scale.
The disclosure puts Bitmine among the largest known corporate holders of ETH, and the pace of accumulation — over 100,000 ETH in a single week — suggests conviction rather than incremental positioning.
WuBlockchain