Bitmine has announced that it holds 4,874,858 ETH, representing 4.04% of Ethereum's 120.7 million circulating supply, as of April 12. The company's total holdings are valued at $11.8 billion, including $10.7 billion in ETH, $719 million in cash, and 198 BTC. Notably, 68% of its ETH holdings, amounting to 3,334,637 ETH, are staked, generating $212 million in annualized revenue. The company is nearing its goal of acquiring 5% of Ethereum's total supply, having recently purchased 71,524 ETH in a week, marking its fastest accumulation since December 2025. Bitmine's strategic moves have positioned it as a leading corporate holder of Ethereum, second only to Strategy among listed firms with large crypto reserves. Additionally, Bitmine's staking operations, through its MAVAN platform, are expected to enhance its revenue stream significantly.