Ethereum treasury company BitMine purchased 50,928 ETH last week at an average price of $1,976. As of March 1, 2026, BitMine's total holdings of crypto assets, cash, and project investments reached $9.9 billion. Currently, BitMine holds 4,473,587 ETH (worth approximately $8.84 billion), representing about 3.71% of the total ETH supply, with a goal of acquiring 5% of the ETH supply. In addition, the company holds 195 BTC, $868 million in cash, and has invested $200 million in Beast Industries and $14 million in Eightco Holdings. BitMine currently has 3,040,483 ETH staked, with an annualized staking yield of approximately $172 million, and plans to launch its staking solution, MAVAN, in the first quarter of 2026.
Ethereum treasury firm BitMine bought 50,928 ETH last week at an average price of $1,976.
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