#Ethereum #Crypto Assets #BitMine

Bitmine Immersion Technologies Reports Substantial Growth

Bitmine Immersion Technologies Inc. (BMNR), a prominent player in the Bitcoin and Ethereum networks, has made noteworthy strides in its asset accumulation, showcasing a substantial investment strategy focusing on cryptocurrency for long-term gains. As of February 22, 2026, the company has reported its Ethereum (ETH) holdings have reached an impressive 4.423 million tokens, valued at approximately $9.6 billion when combined with its other crypto assets and liquid cash reserves.

Ethereum Asset Breakdown

In detail, Bitmine holds 3,040,483 ETH actively staked, representing a significant $6.0 billion at the current valuation of $1,958 per ETH. This staking initiative allows the company to benefit from the Ethereum network's security and transaction mechanisms, simultaneously enabling them to earn passive income through staking rewards. In the past week alone, Bitmine has acquired 51,162 ETH, demonstrating its commitment to increasing its stake despite current market volatility.

MAVAN Launch

Furthermore, Bitmine is gearing up to launch its innovative staking solution, MAVAN (Made in America Validator Network), anticipated for early 2026. This initiative aims to enhance their staking infrastructure, gearing up Bitmine to maximize its ETH returns and further solidify its position in the Ethereum ecosystem.

Financial Landscape

Bitmine's extensive crypto portfolio includes notable amounts beyond Ethereum: 193 Bitcoin (BTC), an equity stake worth $200 million in Beast Industries, and a $17 million investment in Eightco Holdings (NASDAQ: ORBS). The company also retains a cash reserve amounting to $691 million. These figures indicate that Bitmine isn't merely a passive investor but actively manages its assets to capitalize on diverse market opportunities.

Market Position and Strategy

Bitmine continues to assert itself as a key player in the crypto market. Currently, the firm represents 3.66% of the total ETH supply, marking a notable accomplishment in a short span since its inception, achieving over 73% of its goal towards the