The world’s largest Ethereum reserve company, BitMine, has issued a statement announcing that over the past week, it has purchased an additional 44,463 ETH.
(Background: BitMine continues to buy Ethereum! Spent $19.63 million to acquire 6,678 ETH, with total holdings approaching 4.1 million ETH)
(Additional context: BitMine staked nearly 75,000 ETH for the first time! SharpLink unstaked over 35,000 ETH, but the CEO predicts Ethereum’s TVL will increase tenfold next year)

Table of Contents

• BitMine holds over 4.11 million ETH
• BitMine activates staking mode
• Annual shareholders meeting in January

The world’s largest Ethereum reserve company, BitMine Immersion Technologies (NYSE AMERICAN: BMNR), announced on the evening of the 29th that it has added another 44,463 ETH to its holdings over the past week, demonstrating that even amid increased market volatility at year-end, the company continues to advance its established Ethereum asset accumulation strategy.

BitMine holds over 4.11 million ETH

According to the announcement, after completing this additional purchase, BitMine’s current assets include approximately 4,110,525 ETH, 192 BTC, $23 million in holdings in Eightco Holdings (NASDAQ: ORBS) (internally called the “Moon Project”), and a total cash position of $1 billion. The combined value of the overall cryptocurrency holdings, cash, and “Moon Project” assets is approximately $13.2 billion.

The ETH held by BitMine accounts for about 3.41% of Ethereum’s circulating supply, reaching two-thirds of its long-term goal of “5% Alchemy.” The company stated that the recent accumulation has kept BitMine as the world’s largest “new capital” ETH buyer.

BitMine activates staking mode

At the same time, BitMine Chairman Tom Lee pointed out in the announcement that during the last holiday week of the calendar year, market trading activity usually slows significantly, coupled with year-end tax-loss selling effects, which often exert short-term pressure on cryptocurrency and related stock prices, mainly between December 26 and 30. He emphasized that during this period, BitMine will continue to respond cautiously to market fluctuations.

Tom Lee further stated that BitMine’s core goal remains focused on creating long-term value for shareholders, including increasing the ETH holdings per share efficiently, optimizing the yield and income sources of Ethereum assets, and strategically investing in the “Moon Project” on the balance sheet. The company also leverages its influence in the community and market to generate additional returns.

Regarding Ethereum staking deployment, BitMine said it is currently working with three staking service providers and plans to launch the commercial MAVAN (Made in USA Validator Network) in 2026 to provide high-security staking infrastructure. As of December 28, 2025, BitMine has staked a total of 408,627 ETH, worth about $1.2 billion, which is only a small part of its total holdings of over 4.11 million ETH. The current Ethereum staking rate (CESR, managed by Quatrefoil) is 2.81%.

Tom Lee pointed out that when the company, under the MAVAN framework and its partners, conducts large-scale comprehensive staking of its ETH holdings in the future, the annual staking fee, based on the current CESR level, could reach $374 million, with an average daily yield exceeding $1 million.

The annual shareholders meeting will be held in January

Additionally, BitMine announced that the annual shareholders meeting will be held on January 15, 2026, at Wynn Las Vegas in Las Vegas, Nevada, from 12:00 PM to 3:00 PM Pacific Time. The agenda includes electing 8 directors, approving amendments to the company’s articles of incorporation to increase authorized common shares, passing the 2025 comprehensive incentive plan, and discussing the special performance compensation arrangement for the executive chairman in a non-binding advisory manner.