BitMine (BMNR) Now Owns 4% of All Ethereum and Is Closing In on 5%

BitMine Immersion Technologies, Inc. (NYSE:BMNR) is one of the best Ethereum stocks to buy now. On April 13, BitMine Immersion Technologies, Inc. (NYSE:BMNR) announced that its Ethereum holdings had reached 4,874,858 ETH. The company valued the tokens at about $10.7 billion at a price of $2,206 per token, and said that its combined crypto, cash, and strategic equity holdings now add up to $11.8 billion in value.

BitMine (BMNR) Now Owns 4% of All Ethereum and Is Closing In on 5%

This revelation means that BitMine now holds 4.04% of Ethereum’s total circulating supply. The company added 71,524 ETH in the week leading up to the announcement.

According to the company, the newest acquisition means that it is closing on what it calls the “Alchemy of 5%.” This is BitMine’s long-term goal of owning 5% of the entire Ethereum supply, which means that the company is now 81% of the way toward that target. BitMine started this accumulation drive just about nine months ago.

The company detailed that a huge portion of its Ether holdings, about 68% or 3,334,637 ETH, are staked through its Made in America VAlidator Network staking platform. Made in America VAlidator Network, or MAVAN, launched on March 25, and could generate $300 million annually in staking rewards, based on current yields, once fully deployed.

Just over a month ago, on March 1, BitMine’s Ethereum treasury had 4.47 million ETH, a 3.71% supply share. This share was 3.41%, or 4.11 million ETH, on December 28, 2025, which means the company added more than 760,000 ETH in about three and a half months.

BitMine Immersion Technologies, Inc. (NYSE:BMNR) is a digital asset company. It was originally focused on Bitcoin mining and hosting services, but has pivoted toward building a massive Ethereum treasury. The company has also developed infrastructure such as its MAVAN validator network, which serves as an institutional-grade Ethereum staking platform.

While we acknowledge the risk and potential of BMNR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BMNR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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