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Bitmine Holds $14.5B in Crypto, Eyes Staking Dominance
Bitmine owns 4.2M ETH and 193 BTC, making it the largest Ethereum treasury in the world.
The company staked 1.8M ETH via MAVAN, earning potential yield of $1M+ per day.
Investing $200M in Beast Industries, Bitmine blends crypto strategy with high-impact media reach.
Bitmine Immersion Technologies, Inc. announced its crypto and cash holdings now total $14.5 billion, signaling aggressive accumulation strategies. The company’s portfolio includes 4,203,036 ETH valued at $3,211 per token, 193 BTC, $22 million in Eightco Holdings, and $979 million in cash.
As per announcement, Bitmine’s ETH holdings represent 3.48% of total supply, showcasing the company’s massive influence on the Ethereum ecosystem. “Because MrBeast and Beast Industries are privately held, investors may not be aware of the tremendous reach of MrBeast,” said Thomas ‘Tom’ Lee, Chairman of Bitmine. The company recently invested $200 million in Beast Industries, highlighting its strategy of combining crypto with high-impact private investments.
Besides crypto accumulation, Bitmine is rapidly expanding its ETH staking operations. As of January 19, total staked ETH stands at 1,838,003, representing $5.9 billion. The company increased staked ETH by 581,920 in just one week, demonstrating its commitment to generating yield from its holdings.
Bitmine’s CESR (Composite Ethereum Staking Rate) is 2.81%, and with full deployment through the MAVAN network, the annual staking fee could exceed $374 million, equivalent to over $1 million per day.
“Bitmine has staked more ETH than other entities in the world,” Lee stated. MAVAN, or Made in America Validator Network, is set to launch in early 2026 and promises secure, large-scale staking infrastructure.
Stockholder support and market leadership
Bitmine recently achieved overwhelming stockholder approval for all four proposals, including an 81% ‘yes’ vote to increase authorized shares. “We view the fact that 81% of votes cast favored increasing authorized shares, Proposal 2, is a message from Bitmine stockholders that they understand our accretive ETH accumulation strategy,” Lee explained.
With over 500,000 individual shareholders and strong engagement, Bitmine demonstrates growing investor trust. Additionally, the company ranks as the largest Ethereum treasury globally and 2 overall crypto treasuries behind Strategy Inc., further solidifying its market leadership.
Strategic investments and industry outlook
Bitmine’s recent moves illustrate a dual strategy: accumulate crypto while investing in high-visibility, innovative platforms like Beast Industries. Lee highlighted the scale of MrBeast’s audience, comparing it to multiple Super Bowl viewerships monthly.
Moreover, the company sees Ethereum as central to Wall Street tokenization projects, noting 35 institutions recently building on the platform. Consequently, Bitmine positions itself at the intersection of crypto accumulation, staking innovation, and media-driven growth, aiming to maximize both financial and societal impact.