BitMine ETH Treasury Crosses $10B After 4.6M Token Accumulation

Treasury Swells to 4.6M ETH, Capturing 3.81% of Supply

BitMine Immersion Technologies (BMNR) has expanded its total holdings to $11.5 billion, driven by an accelerated accumulation of Ethereum. As of March 15, 2026, the company's treasury holds 4.596 million ETH, worth over $10 billion and constituting 3.81% of the global Ethereum supply. This rapid growth is part of the firm's "Alchemy of 5%" strategy, which aims to acquire 5% of all ETH.

The company has increased its acquisition rate, purchasing 60,999 ETH in the past week alone, up from its recent weekly average of 45,000 to 50,000 tokens. The move reflects a bullish outlook from the firm's leadership on the digital asset.

Bitmine has slightly increased the pace of ETH buys in each of the past two weeks, as our base case is ETH is in the final stages of the 'mini-crypto winter.'

— Thomas "Tom" Lee, Chairman of Bitmine.

Staking Generates $180M Annually as AI Bet Takes Shape

BitMine is actively leveraging its assets to generate yield, with 3.04 million ETH—approximately 66% of its holdings valued at $6.6 billion—currently staked. This operation is producing an estimated $180 million in annualized revenue. The company plans to enhance this strategy with the launch of its proprietary "Made in America Validator Network" (MAVAN) in the first quarter of 2026, which aims to provide a secure, best-in-class staking infrastructure.

Beyond its core crypto strategy, BitMine is venturing into artificial intelligence. The company increased its investment in Eightco Holdings (ORBS) by $80 million, which directly supported Eightco's $50 million purchase of equity in OpenAI. This transaction positions ORBS as one of the only publicly traded stocks offering investors direct exposure to the highly anticipated AI firm.

BMNR Daily Volume Hits $1.0B as Stock Reacts to News

Investors responded positively to the treasury update, pushing BitMine's stock (BMNR) up 8.91% to $22.37 in premarket trading following the announcement. The company has become a fixture in public markets, ranking as the 105th most traded stock in the U.S. with an average daily trading volume of $1.0 billion. This high liquidity underscores growing investor interest in the company as a proxy for Ethereum exposure.

With its latest acquisitions, BitMine reinforces its status as the world's largest corporate holder of Ethereum and the second-largest public crypto treasury overall, behind only MicroStrategy's Bitcoin holdings. The company's strategy is supported by a roster of prominent institutional investors, including ARK Invest, Founders Fund, and Pantera Capital.