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BitMine Pushes ETH Holdings Past 4.14 Million as It Seeks Massive Share Authorization Increase

The company highlights $14.2 billion in assets alongside a near-term validator launch to monetize staking.

Overview

  • BitMine bought 32,977 ETH last week, lifting its treasury above 4.14 million tokens, or roughly 3.4% of the circulating supply.
  • Staked ether stands at 659,219 ETH worth about $2.1 billion, with the in-house MAVAN validator slated for early 2026.
  • Management projects about $374 million in annual staking revenue at an estimated 2.81% Composite Ether Staking Rate once fully staked.
  • Total crypto, cash and strategic holdings are approximately $14.2 billion, including $915 million in cash, 192 BTC and a $25 million stake in Eightco.
  • Shareholders face a Jan. 14 vote to raise authorized shares to 50 billion ahead of a Jan. 15 meeting in Las Vegas, and BMNR shares have risen roughly 14–15% around the disclosures.