BitMine purchased 101,745 ETH over the last week, following previous weekly buys of 101,901 ETH and 101,627 ETH—the former being the firm's largest haul so far in 2026. At Ethereum's recent trading price of $2,365, that makes its latest weekly purchase worth more than $240 million.
All told, the publicly traded firm has accumulated over 5.18 million, with its stash currently valued at $12.2 billion. The company also holds 200 Bitcoin valued around $16 million, and has $700 million in cash on-hand.
BitMine (BMNR) shares are up more than 4% on the day, recently trading at $22.91. Shares are up nearly 18% in the last month, but have fallen more than 15% since the start of the year.
BitMine said Monday that it has staked more than 4.36 million ETH, generating annual staking revenues of about $297 million. The company recently launched its own Made in America Validator Network, which it refers to as MAVAN.
Even with Ethereum's price climbing, BitMine still sits on a sizable unrealized loss for its holding, estimated around $6 billion as of this writing. BitMine began accumulating Ethereum last summer, when ETH rose to a new all-time high price of $4,946 last August. It's currently down 52% from that peak.
