Bitmine
Bitmine expands Ethereum holdings to 4.3 million tokens amid downturn
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Bitmine Immersion Technologies announced on February 2, 2026, that its Ethereum holdings have reached 4.285 million tokens, representing 3.55% of the total supply, as the cryptocurrency market faces a sharp decline. The company reported total crypto, cash, and investment holdings of $10.7 billion, including staked Ethereum generating significant annual rewards. Executive Chairman Tom Lee described the current price pullback as an attractive buying opportunity despite $6.6 billion in paper losses.
Bitmine Immersion Technologies has announced a $200 million equity investment in Beast Industries, a company backed by YouTuber MrBeast. The deal underscores growing interest in innovative ventures tied to high-profile creators. Details emerged on January 17, 2026.
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Bitmine Immersion Technologies has revealed its ethereum holdings have climbed to 4,143,502 tokens, representing 3.43% of the total supply. The company's total crypto and cash assets now stand at $14.2 billion, including staked ethereum and other investments. This update comes ahead of its annual stockholder meeting in Las Vegas.