Bitmine Immersion Technologies has strengthened its position as the world’s largest corporate Ethereum holder after expanding its treasury to 5.78 million ETH. The company now controls roughly 4.8% of Ethereum’s circulating supply, while its combined crypto, cash, marketable securities, and strategic investments have reached $11.5 billion. Additionally, the latest milestone highlights Bitmine’s aggressive treasury strategy, which continues to prioritize Ethereum accumulation alongside staking and shareholder value initiatives.
Treasury Growth and Share Buybacks
Bitmine added 7,430 ETH during the past week, although purchases slowed as the company repurchased 5.5 million common shares. The buyback formed part of its previously approved $4 billion repurchase program.
Consequently, management balanced treasury expansion with capital returns for shareholders. The company also reported $385 million in cash and marketable securities, alongside strategic investments, including stakes in Beast Industries and Eightco.
Staking Strategy Drives Long-Term Growth
Bitmine has staked more than 4.9 million ETH through its MAVAN validator platform, representing about 85% of its total holdings. Moreover, annualized staking revenue currently stands near $247 million and could increase as additional tokens enter staking.
Besides expanding its Ethereum position, Bitmine recently joined the Russell 1000 Index, reinforcing its growing presence among large-cap public companies while advancing its long-term digital asset strategy.
Related: Bitcoin Quantum Recovery Proposal Excludes Satoshi’s Estimated 1.1 Million BTC
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