{"id":70405,"date":"2026-03-30T14:56:02","date_gmt":"2026-03-30T14:56:02","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitmine-nears-4-of-eth-supply-as-holdings-rise-to-4-73-million-eth-crypto-news-bitcoin-news\/"},"modified":"2026-03-30T14:56:02","modified_gmt":"2026-03-30T14:56:02","slug":"bitmine-nears-4-of-eth-supply-as-holdings-rise-to-4-73-million-eth-crypto-news-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitmine-nears-4-of-eth-supply-as-holdings-rise-to-4-73-million-eth-crypto-news-bitcoin-news\/","title":{"rendered":"Bitmine Nears 4% of ETH Supply as Holdings Rise to 4.73 Million ETH \u2013 Crypto News Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Crypto<\/span> Portfolio Hits $10.7 Billion for Bitmine as Ethereum Bet Grows<\/h2>\n

Bitmine Immersion Technologies is accelerating its position as one of the largest crypto<\/span> treasury firms, reporting total holdings of $10.7 billion across digital assets and cash. The portfolio is heavily concentrated in ethereum, with the company now holding over 4.7 million ETH<\/a>.<\/p>\n

At current prices, Bitmine\u2019s ETH<\/span> holdings are valued at roughly $9.5 billion. This gives the firm control of about 3.92% of the total ETH<\/span> supply, putting it within reach of its stated goal of accumulating 5%.<\/p>\n

The company has also staked a large portion of its ETH<\/a>. More than 3.1 million tokens are currently locked in staking<\/span>, generating an estimated $177 million in annualized rewards. Bitmine expects this figure to rise to $266 million once its full ETH<\/span> position is deployed.<\/p>\n

To support this strategy, Bitmine recently launched MAVAN (the Made in America Validator Network)<\/a>, its institutional-grade staking<\/span> platform. The network is designed to serve both internal operations and external clients, with a focus on performance and security. A portion of Bitmine\u2019s ETH<\/span> is already active on the platform.<\/p>\n

Beyond ethereum, the company continues to hold smaller positions in bitcoin<\/a> and other assets, alongside nearly $1 billion in cash. It also maintains strategic investments, including stakes in Beast Industries and Eightco Holdings.<\/p>\n

Bitmine\u2019s aggressive accumulation comes during a volatile<\/span> macro backdrop. According to Chairman Tom Lee, crypto<\/span> has shown resilience compared to traditional safe havens like gold<\/span> during recent geopolitical tensions.<\/p>\n

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As the war enters its 5th week, ETH<\/span> and crypto<\/span> outperformed the broader market, with ETH<\/span> outperforming equities by 1,160bp. This is a marked contrast to Gold<\/span>, which has underperformed by more than 750 basis points. Crypto<\/span> is demonstrating itself to be a good \u2018war time\u2019 store of value.<\/p>\n<\/blockquote>\n

The company has also increased its buying pace. In the past week alone, it acquired more than 71,000 ETH<\/a>, well above its previous average. Management believes ethereum may be nearing the end of a prolonged downturn, often described as a \u201cmini crypto<\/span> winter.\u201d<\/p>\n

Bitmine now ranks as the largest ethereum treasury globally and one of the biggest crypto<\/span> holders overall, second only to major bitcoin-focused firms.<\/p>\n

As institutional interest grows, Bitmine\u2019s strategy reflects a broader trend. Large players are no longer just trading crypto<\/span>. They are accumulating, staking<\/span>, and building infrastructure around it.<\/p>\n

FAQ \ud83c\udf0d<\/h2>\n