BitMine Acquires 40,302 ETH, Total Holdings Now 4.24M Tokens

Published by

Sohrab Khawas

January 26, 2026

Bitmine Adds 71K ETH, Now Holds 4.73M ETH

BitMine Immersion Technologies, led by Tom Lee, added 40,302 ETH to its holdings last week, bringing its total to about 4.243 million ETH, roughly 3.52% of all Ethereum. The company also staked over 2 million ETH and continues developing its MAVAN validator network to generate staking yield. Backed by institutional investors, BitMine aims to expand its Ethereum treasury further. The firm’s strategy reflects strong institutional interest in long‑term ETH exposure and staking infrastructure.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Crypto news