Bitmine Immersion Technologies Increases Ethereum Holdings by 40,302 ETH

2026-01-26 21:38

Bitmine Immersion Technologies announced an increase in its Ethereum holdings by 40,302 ETH last week. As of January 25, 2026, the company holds 4,243,338 ETH, valued at $2,839 per ETH, representing 3.52% of the total Ethereum supply of 120.7 million. Additionally, Bitmine holds 193 Bitcoin, $200 million in Beast Industries equity, $19 million in Eightco Holdings shares, and $682 million in cash. The company recently completed a $200 million investment in Beast Industries on January 15, which has been recorded under its "Moonshots" portfolio and will be accounted for using the cost method.

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