Bitmine buys another $80 million worth of ETH and its reserves hit all-time highs

Bitmine buys another $80 million worth of ETH and its reserves hit all-time highs

Bitmine's corporate treasury has surpassed 4 million ETH, valued at over $12.000 billion. With this milestone, the company reaffirms its commitment to the large-scale institutional adoption of cryptocurrencies.

Bitmine, the undisputed giant of institutional investment in the blockchain ecosystem, has crossed an unprecedented financial threshold by accumulating more than 4 million Ethereum units on its balance sheet. 

The company now owns exactly 4,07 billion tokens of this cryptocurrency, a reserve whose market valuation exceeds $12.000 billion. With this move, the company reaffirms its position as the largest corporate holder of the network, sending a strong signal about the financial health of the digital asset at a time of global uncertainty.

Accumulate Ethereum like Bitmine: enter here

$80 million in ETH after a week of massive purchases

Bitmine executed a recent purchase order worth $88,1 million to acquire 29.462 additional ETH, as confirmed data from the analytics platform Lookonchain. This operation followed a week of frenetic activity in which the firm absorbed nearly 200.000 Ethereum coins from the open market. 

Financial reports indicate that the average acquisition price of each ETH was $2.991 per unit, a figure that demonstrates the tactical precision of its corporate treasury department in the face of current price volatility, keeping its costs just below the quoted value at the time of purchase.

Access and buy ETH on Bit2Me

Bitmine's masterstroke for Ethereum supply

Bitmine's management openly pursues capture 5% of the total circulating supply of EthereumThe firm already holds 3,36% according to data from Strategic ETH Reserve, which means it has advanced more than two-thirds of the way along that path. 

Tom Lee, the company's president, sees Ethereum as a transformative engine for global finance. In recent statements, he explained that his company is making good progress toward that 5% alchemy, and that its substantial ETH holdings are already generating clear synergies. Bitmine positions itself as an essential bridge between the flow of capital from Wall Street and the world of blockchain through tokenization, while also collaborating closely with the leaders driving innovations in DeFi, Lee asserted.

Bitmine's holdings of Ethereum.
Source: Strategic ETH Reserve

This strategy of massive accumulation has had a direct impact on the perceived value of the company itself in traditional markets. Bitmine's shares have experienced a significant appreciation in the last six months, validating the investment thesis of its management. 

While other companies hesitate in the face of crypto market fluctuations, Bitmine is using its liquidity to solidify its dominance on Ethereum, acting almost as a private central bank within this blockchain ecosystem. The company not only buys ETH for storage but also seeks to integrate these assets into a productive network that generates consistent value for its shareholders and the decentralized finance community.

Create your account and trade ETH seamlessly.

From passive reserve to validator network with MAVAN

The natural evolution of this immense asset reserve is the generation of passive returns through blockchain technology. By early 2026, the company plans to deploy the Made in America Validator Network, known by its acronym MAVANThis initiative seeks to activate accumulated reserves through staking, offering an institutional-grade security infrastructure that promises to be best-in-class. 

Now, the promise of connecting these assets to the network to validate transactions adds a fundamental layer of productivity that differentiates Bitmine from mere passive investment funds, transforming idle Ether into digital working capital.

According to Lee, “This will be the 'best-in-class' solution that will offer secure staking infrastructure and will be deployed in early 2026.” 

With this focus on real and tangible utility, Bitmine aims to distinguish itself in the institutional adoption of cryptocurrencies. By preparing the groundwork to operate its own validator nodes, the company ensures a recurring revenue stream independent of token price appreciation. 

Analysts view this move as a maturation of the business model, where cryptocurrency ceases to be just a store of value to become a cash flow generating asset, similar to real estate or treasury bonds, but in the digital environment.

Join Bit2Me and trade Ethereum today

Ethereum's bullish path

The market context supports the company's bullish outlook, despite recent corrections that briefly took the price of ETH below $3.000. 

To date, several technical analysts have detected clear signs of change on the charts, with selling pressure on ETH noticeably weakening. Likewise, specialized firms and independent experts agree on projections that place Ethereum between $4.220 and $7.000 in the next cycle, based on precise chart patterns such as descending wedges that indicate a sustained upward reversal.

But, while the market debates short-term volatility, Bitmine remains on course, using its capital to cement its status as the fundamental pillar on which the Ethereum economy rests.