Bitmine Surpasses $10B Crypto Holdings Amid ETH Accumulation Surge

CryptoFrontNews
ETH0,07%
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  • Bitmine holds 4.3M ETH, 193 BTC, and $595M cash, seeing current ETH price dips as top buying opportunities.

  • Staking 2.9M ETH earns $1M+ daily; MAVAN rollout in 2026 aims to make ETH staking safer and scalable.

  • Bitmine ranks 1st in ETH treasury and 2nd in global crypto and trades $1.3B daily, showing strong investor confidence.

Bitmine Immersion Technologies has announced its total crypto, cash, and “moonshots” holdings now reach $10.0 billion. As of February 8, 2026, the Company holds 4,325,738 ETH at $2,125 per ETH, 193 Bitcoin, $200 million in Beast Industries, and $19 million in Eightco Holdings.

As per the announcement, Bitmine maintains $595 million in cash reserves. Thomas “Tom” Lee, Executive Chairman, emphasized that Ethereum daily transactions hit an all-time high of 2.5 million, while active addresses surged to one million daily. Hence, the company views the current ETH price decline as a buying opportunity.

Despite ETH prices dropping -62% from 2025 highs, Bitmine has been steadily increasing its holdings. “ETH sees V-shaped recoveries from major lows. A similar recovery is expected in 2026,” Lee noted. Historically, each of the eight prior ETH declines of 50% or more rebounded sharply, creating ideal entry points for investors. Moreover, Bitmine acquired 40,613 ETH just last week, underscoring its confidence in Ethereum’s long-term fundamentals.

ETH Staking Dominance

Bitmine currently holds 2,897,459 ETH staked, worth $6.2 billion at current prices. This represents 67% of its total ETH holdings. Consequently, the Company leads globally in staked ETH. Using the Composite Ethereum Staking Rate (CESR) of 3.115%, staking revenues could reach $374 million annually, translating to over $1 million per day.

Additionally, Bitmine’s proprietary staking operations generated a seven-day yield of 3.3234% annualized. The Company plans to roll out The Made in America Validator Network (MAVAN) in 2026, promising secure and scalable ETH staking solutions.

Market Position and Trading Activity

Bitmine now has the largest ETH treasury, and it also has the second-largest crypto treasury, behind Strategy Inc. (NASDAQ: MSTR) that has 713,502 BTC, valued at $51 billion.

In addition to this, Bitmine also remains one of the most traded stocks for the United States stock markets, with a daily trading average of $1.3 billion for the past five trading days. This reveals that investor interest for Bitmine continues to remain high, given their long-term vision and crypto accumulation business model.

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