Based on Bitcoin.com, Bitmine has increased its Ethereum holdings to 3.73 million ETH, representing over 3% of the total supply. The company also holds $882 million in cash and additional crypto assets, bringing its total stash to approximately $12.1 billion. Bitmine acquired 96,798 ETH in the past week, citing the upcoming Dec. 3 Fusaka upgrade and favorable macroeconomic conditions as key factors. The firm is also developing MAVAN, a staking infrastructure set for early 2026.
Bitmine Holds 3.73M ETH, Controls Over 3% of Supply
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