Bitmine Immersion Technologies has increased its Ethereum holdings to 6,001,302 ETH, representing 4.9% of the 122.1 million tokens in circulation. The company acquired an additional 17,362 ETH over the past week for $47 million, based on a snapshot price of $2,698 per token. The total value of its Ethereum treasury is currently estimated at $16.2 billion.
The firm has staked 5,067,309 ETH, which accounts for 84% of its total holdings, through its proprietary institutional platform MAVAN. With a 7-day annualized yield of 2.62%, the company projects annual staking revenue of $358 million, potentially rising to $424 million if the entire balance is staked. Bitmine has consistently purchased Ethereum every week since June 30, 2025.
Beyond Ethereum, the company reports total holdings of $17.2 billion, including 213 BTC and $672 million in cash and marketable securities. Its portfolio also features equity stakes of $180 million in Beast Industries and $115 million in Eightco. Bitmine currently ranks as the largest Ethereum treasury and the second-largest corporate crypto treasury globally.
