Bitmine’s ETH Holdings Surge to 4.37M Tokens Following Recent $90M Acquisition
The post Bitmine’s ETH Holdings Surge to 4.37M Tokens Following Recent $90M Acquisition appeared on BitcoinEthereumNews.com.
Key Insights: Bitmine disclosed 4,371,497 ETH, equal to about 3.62% of supply, after a $90M purchase. It staked 3,040,483 ETH, and it estimates annualized staking revenue near $176 million. Bitmine reported 193 BTC, $670 million cash, and MAVAN staking infrastructure planned for Q1 2026. Bitmine’s ETH Holdings Surge to 4.37M Tokens Following Recent $90M Acquisition Bitmine Immersion Technologies has expanded its Ethereum stash after a $90 million buy last week. The company says its ETH holdings surged to 4.37 million tokens and continue adding. As of press time, Ethereum is trading at $1,967.57 with a 24-hour trading volume of $21,117,583,964. Ethereum has dropped to 1.21% in the last 24 hours. ETH Holdings Surge After $90M Acquisition Bitmine Immersion Technologies, listed as BMNR on NYSE American, reported 4,371,497 ETH in its treasury. The total equals about 3.62% of Ethereum’s supply at the time of its update. Bitmine put Ethereum’s supply at about 120.7 million ETH in the same release. The company said it will report treasury levels in future investor updates often. The company linked the jump to a $90 million acquisition, which was completed last week. It also acquired 45,759 ETH on that week as it built the position. 🚨BREAKING: BITMINE’S $ETH HOLDINGS HIT 4.37M TOKENS, FOLLOWING $90M ACQUISITION LAST WEEK Bitmine Immersion Technologies (NYSE American: BMNR) disclosed holdings of 4,371,497 $ETH, representing about 3.62% of $ETH’s total supply, alongside 193 $BTC, $670M in cash, and… pic.twitter.com/hu68O82bzc — BSCN (@BSCNews) February 17, 2026 Based on a reference price near $1,998 per ETH, Bitmine valued the ETH stack near $8.7 billion. It also listed 193 BTC and $670 million in cash, along with equity stakes in other businesses. Staked ETH Rises and Revenue Estimate Follows However, Bitmine noted that 3,040,483 ETH is staked, and puts the staked share near 69% of…
Filed under: News - @ February 18, 2026 3:25 pm