TLDR:
- Bitmine adds 40,000 ETH, boosts its treasury to $9.2 billion as BMNR shares rally
- The ETH stash reaches 3.58% of the supply, and staking revenue exceeds $200 million
- Bitmine’s staking yield outperforms the Ethereum composite rate
- 67% of Bitmine’s ETH is now staked, valued at over $6.2 billion
- BMNR trading volume surges as Bitmine moves towards its 5% ETH target
Bitmine (BMNR) was trading at $21.11 and gained 3.13% following strong intraday momentum. The stock rose as the company announced a significant expansion of its Ethereum treasury during a period of market weakness. The disclosure attracted more market attention as Bitmine continued to buy while Ethereum was trading below $2,000.
Ethereum Accumulation Strengthens Bitmine’s Market Position
Bitmine acquired 40,613 ETH in the week ending February 8 and expanded its already substantial ether position. The company increased its total Ethereum holdings to 4,325,738 ETH and made progress towards its stated supply target. The firm increased its exposure while ETH was trading far from its previous peak.
The company valued its entire treasury at approximately $9.2 billion and reported holding 193 Bitcoins on its balance sheet. It also highlighted its strategic stakes in Beast Industries and Eightco Holdings and noted a cash position of $595 million. Bitmine stated that these combined assets pushed its total “crypto + cash + moonshots” holdings to $10 billion.
Bitmine reported that its Ethereum position now accounts for 3.58% of the circulating supply. This figure brought the firm to 72% of its “Alchemy of 5%” strategy within six months. The company indicated that it sees ether’s utility as a major long – term foundation for its approach.
Staking Growth Enhances Bitmine’s Revenue Profile
Bitmine confirmed that 2,897,459 ETH are currently staked through existing partners and internal systems. This balance is about 67% of its total treasury and is valued at roughly $6.2 billion. Moreover, the company reported that staking revenue reached $202 million annually after a 7% increase last week.
The firm said that its operations generated a 7 – day annualized yield of 3.3234%. It noted that this performance was better than the 3.115% Composite Ethereum Staking Rate during the same period. Bitmine expects the expansion of yield to support long – term revenue stability.
Bitmine aims to fully deploy its Made in America Validator Network in early 2026 through three staking providers. The company projected that full – scale staking could generate $374 million in annual rewards. It also emphasized that this level would be more than $1 million per day once all ETH is staked.
BMNR Trading Activity Remains Elevated
Bitmine stated that BMNR remains one of the most actively traded U.S. equities. Data showed that as of February 6, the stock ranked 107th in terms of five – day average dollar volume. Trading volume reached approximately $1.3 billion during the same period, indicating consistently strong market activity.
The company noted that its treasury strategy continues to shape its overall profile. It also said that its acceleration phase is in line with long – term asset commitments. Bitmine maintained an active approach as market conditions changed.
