Rewards Hub BitMine has expanded its Ethereum holdings by purchasing 50,928 ETH at an average price of $1,976 last week. As of March 1, 2026, the company's total assets, including cryptocurrencies, cash, and project investments, are valued at $9.9 billion. BitMine now holds 4,473,587 ETH, worth approximately $8.84 billion, representing 3.71% of the total ETH supply, with a target to acquire 5%.
In addition to its Ethereum holdings, BitMine possesses 195 BTC, $868 million in cash, and investments of $200 million in Beast Industries and $14 million in Eightco Holdings. The company has staked 3,040,483 ETH, generating an annual staking yield of about $172 million. BitMine plans to launch its staking solution, MAVAN, in the first quarter of 2026.
BitMine Acquires 50,928 ETH, Aims for 5% of Total Supply
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