- BitMine Ethereum Treasury grows to 5.9 million ETH holdings.
- Company stakes 5.07 million ETH through MAVAN and partners.
- BitMine reports $15.6 billion in crypto and cash assets.
BitMine Ethereum Treasury has expanded after acquiring 53,501 ETH over the past week, raising its total holdings to 5,901,112 ETH. The company said the position is worth about $14.8 billion based on ETH trading near $2,511. The holdings now represent around 4.9% of Ethereum’s total supply, the company said in a recent statement issued through PR Newswire.
BitMine Ethereum Treasury Expands With Weekly ETH Buys
The latest purchase extends BitMine’s Ethereum accumulation strategy that began in June 2025. Chairman Tom Lee said the company has continued adding ETH for 65 consecutive weeks.
BitMine now holds the largest corporate Ethereum position globally. The company also owns 211 Bitcoin, an $180 million stake in Beast Industries, and an $81 million stake in Eightco Holdings.
The company reported total crypto assets, cash, and marketable securities of $15.6 billion as of August 30. Cash and marketable securities accounted for $541 million of the total balance.
BitMine said 5,067,309 ETH, or about 86% of its Ethereum holdings, are currently staked. The company values the staked position at nearly $12.7 billion.
BitMine Ethereum Treasury Builds Staking Revenue Strategy
BitMine projects annual staking revenue of about $335 million based on a seven-day annualized yield of 2.63%. The company said revenue could increase if the full ETH position moves through its MAVAN staking platform and partners.
Tom Lee said Ethereum, Bitcoin, and Solana ranked among the strongest-performing assets since June 30. He also pointed to institutional crypto demand and Ethereum adoption trends.
Meanwhile, Ethereum price continues to face resistance near the $2,550 level. Analyst Ted said a weekly move above that zone could open the path toward $2,800, while a drop below $2,370 may expose lower support.
BitMine’s Ethereum Treasury strategy places the company close to its stated goal of holding 5% of Ethereum supply. The firm currently controls about 4.9% of ETH supply after the latest acquisition.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
