Crypto

BitMine Expands Ethereum Treasury Holdings by Over 32,000 Coins

Guavy AI Editorial Team Published August 24, 2026

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ETH

BitMine has added to its lead as the world's largest corporate Ethereum treasury. The company purchased 32,447 more ETH last week, bringing its total holdings to 5,847,611 ETH.

This increase represents a significant portion of Ethereum's total supply, accounting for approximately 4.8%.

BitMine stakes around 87% of its reserve, which has led the company to project annual revenue of $330 million from staking activities.

The Wire

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