Bitmine Immersion Technologies has expanded its Ethereum treasury to 5.82 million ETH, strengthening its position as the world’s largest corporate ETH holder. The company’s crypto, cash, and strategic investments now total $11.4 billion, highlighting its aggressive bet on Ethereum’s long-term growth.
Ethereum Treasury Expands
According to the press release, Bitmine added 9,926 ETH during the past week, extending its weekly buying streak since June 2025. Significantly, the company now controls about 4.8% of Ethereum’s 120.7 million circulating supply.
Additionally, 5.07 million ETH sits in staking programs, generating projected annual revenue of roughly $250 million. Its MAVAN platform could further broaden institutional demand for Ethereum staking services.
Buybacks Strengthen Strategy
Meanwhile, Bitmine repurchased 1.7 million shares last week. Consequently, total repurchases since July reached more than 20.8 million shares under its $4 billion authorization.
Moreover, Bitmine holds 210 BTC, $180 million in Beast Industries, and $73 million in Eightco. The company also expects tokenization and agentic AI to strengthen Ethereum’s next growth cycle.
However, market conditions remain especially crucial. Hence, Bitmine continues accumulating ETH while using buybacks and staking income to support shareholder value.
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