BitMine Immersion Technology has built one of the largest digital asset vaults on the public market, primarily driven by Ethereum’s growing position. The company currently holds 4,066,062 ETH, meaning it controls approximately 3.39% of the total circulating supply of Ethereum. At current market prices, these holdings are valued at over $12.2 billion, putting Bitmine ahead of all other publicly traded companies in terms of known Ethereum ownership.
The path to passing the 4 million ETH mark has been shaped by steady purchases over time rather than short-term accumulation. In the past week alone, BitMine added nearly 100,000 ETH to its balance sheet. These purchases were completed at an average cost of $2,991 per token, bringing the company’s overall acquisition price to just below the $3,000 level. As Ethereum prices returned to above $3,000, the company’s position turned profitable after losses seen during the October market pullback.
Ethereum dominates Bitmine’s $13.2 billion treasury, company aims for 5% of total supply
Ethereum represents BitMine’s financial core, but it is not an asset on its balance sheet. The company also holds 193 Bitcoins, providing further exposure to the broader crypto market. beyond digital assetsBitMine owns $32 million in equity in Eightco Holdings and maintains approximately $1 billion in cash. Together, these assets form a portfolio worth approximately $13.2 billion, with Ethereum accounting for the largest share by a wide margin.
BitMine has publicly announced that it has achieved its long-term goal of owning 5% of the total supply of Ethereum. Based on current numbers, the company has already achieved about 67% of its goal. This puts it well ahead of most institutional investors and shows a clear commitment to further expand its Ethereum position once market conditions permit.
Future plans for holding Ethereum extend beyond simply holding the asset, with the company planning to begin staking ETH through the Made in America Validator Network in early 2026. Mavan. This move is aimed at supporting Ethereum’s network operations and security, as well as generating ongoing staking rewards.
According to the company’s disclosures, BitMine Immersion Technologies has chosen to remain active in the market even as volatility slows trading in many digital asset government bonds. While many companies paused purchases during price fluctuations, Bitmine continued to add to its holdings. This decision reflects a firm stance on short-term market concerns and shows confidence.
Disciplined ETH purchases below $3000 will strengthen Treasury through volatility
A key part of this strategy is cost control. BitMine has been able to limit downside risk during downturns by keeping the average purchase price of Ethereum below $3000. When prices fell, the company was in a better position than many of its peers who bought at higher prices. As Ethereum began to recover, this disciplined buying strategy restored the value of our Bitmine holdings and reinforced the benefits of a long-term approach.
BMNR stock profits as Ethereum exposure and staking plans attract investors
These decisions received a positive response from the market. As Ethereum’s price rose, investors’ attention turned to companies that maintained exposure rather than selling on weakness. Bitmine’s stock price, which trades under the ticker BMNR, has risen more than 10% in recent trading, suggesting renewed confidence in the company’s direction. The stock price movement suggests investors see value in Bitmine’s focus on Ethereum and its willingness to remain proactive during uncertain times.
Beyond short-term price fluctuations, BitMine’s vast financial structure has also supported investor sentiment. The company combines a growing digital asset base with a strong capital position to increase adaptability and stability. BitMine aims for continued participation in the digital asset space, with a clear focus on gradual accumulation, future staking plans, and active involvement in the Ethereum community.
