Bitmine Immersion Technologies has amassed 5.815 million ether tokens, equal to 4.8% of the cryptocurrency's circulating supply, positioning the firm as the world's largest corporate ETH treasury. The company purchased 9,926 ETH over the past week alone, extending a buying streak that has run every week since the strategy launched in June 2025.
Total holdings across crypto and cash now stand at $11.4 billion, including 5.07 million ETH currently in staking through its MAVAN validator network, generating an annualized yield estimated at $250 million. The firm also holds 210 bitcoin, a $180 million stake in Beast Industries, and $73 million in Eightco.
Despite the aggressive accumulation, BMNR shares trade at $18.80, down 65% over the past 12 months. The company has repurchased more than 20.8 million shares since July under a previously authorized $4 billion buyback program.