PANews reported on December 29th that, according to an official Bitmine press release, as of December 28th, 2025, Bitmine Immersion Technologies (BMNR) purchased an additional 44,463 ETH (approximately $130 million) within a week, bringing its current ETH holdings to 4,110,525, with a market capitalization of approximately $12.04 billion, representing 3.41% of the total Ethereum supply. Of these, 409,000 ETH are currently staked, with an estimated annual yield of 2.81%. Bitmine is advancing its MAVAN (US-based staking network) solution, planned for launch in Q1 2026.
Furthermore, Bitmine's total crypto assets and cash reserves amount to $13.2 billion, and it plans to hold its annual shareholder meeting on January 15, 2026, in Las Vegas to push forward four proposals, including authorized share capital expansion and incentive plans. The company aims to hold 5% of the total ETH supply, becoming the world's largest Ethereum treasury.
