Bitmine Adds 40K ETH, Holdings Surge Past 4.3M Tokens
The post Bitmine Adds 40K ETH, Holdings Surge Past 4.3M Tokens appeared on BitcoinEthereumNews.com.
Key Insights: Bitmine added 40,613 ETH in one week, lifting total holdings to 4.33 million ETH. Nearly 67% of Bitmine’s ETH is staked, generating over $200 million annualized yield. Bitmine ranks among the most traded U.S. stocks, averaging $1.3 billion daily volume. Bitmine Adds 40K ETH, Holdings Surge Past 4.3M Tokens Bitmine Immersion Technologies (NYSE American: BMNR) reported that its Ethereum holdings have reached 4,325,738 ETH, accounting for 3.6% of the total circulating supply. Based on the current ETH price of $2,125, this brings the value of its ETH position to over $9.19 billion. The company acquired 40,613 ETH in the past week. As of February 8, 2026, Bitmine has 2,897,459 ETH staked, valued at around $6.2 billion. Staked ETH makes up approximately 67% of the company’s total Ethereum balance. Bitmine remains the largest holder of ETH among public companies. Staking Revenue Grows as MAVAN Nears Launch Bitmine stated that its staking operations are generating an annualized yield of $202 million, based on current ETH price and a 3.1% CESR (Composite Ethereum Staking Rate). A 7-day yield from its in-house operations was measured at 3.32%, annualized. The company is preparing to expand its infrastructure with the upcoming rollout of MAVAN, the Made-in-America VAlidator Network. Scheduled to launch in early 2026, MAVAN will serve as a dedicated ETH staking network. “Bitmine has staked more ETH than other entities in the world,” said Executive Chairman Thomas “Tom” Lee. Total Holdings Reach $10.0 Billion The company’s combined assets now stand at $10.0 billion. This includes ETH, 193 BTC, $595 million in cash, and investments such as a $200 million stake in Beast Industries and $19 million in Eightco Holdings. Bitmine describes these investments as part of its broader digital asset strategy. Lee commented that market pullbacks have historically created strong entry points. “ETH…
Filed under: News - @ February 9, 2026 4:25 pm