BitMine Immersion Technology will invest $200 million in MrBeast’s Beast Industries, linking crypto capital with the world’s largest creator platform. BitMine Immersion Technology has agreed to invest $200 million in Beast Industries, the entertainment company founded by YouTube star Jimmy Donaldson, better known as MrBeast, in a deal that marks one of BitMine’s largest non-core equity investments to date. BitMine will make a $200 million equity investment into Beast Industries, the company announced on Thursday. Donaldson operates a network of YouTube channels that collectively have more than 450 million subscribers, according to publicly available figures. Read more
BitMine Immersion Technologies is the largest Ethereum treasury company by holdings, with over 4 million ETH in its corporate treasury. Crypto treasury company BitMine Immersion Technologies (BMNR) staked an additional 86,400 Ether (ETH) on Saturday, valued at about $268.7 million at the time of this writing, crossing the 1 million staked ETH milestone. The 86,400 ETH was staked in four separate transactions, according to data from crypto market analytics platform Arkham Intelligence; this brings BitMine’s total to 1,080,512 staked ETH, onchain analysis platform Lookonchain said. Staking is the process of pledging or locking up crypto tokens by validators or third-party staking service providers to secure proof-of-stake blockchain networks. Read more
The largest corporate ETH holder started 2026 with a $105 million Ether purchase, while surpassing $2.87 billion in staked Ether, seeking to generate passive yield on its holdings. BitMine Immersion Technologies, the largest known corporate holder of ether, resumed purchases of the cryptocurrency in the new year, signaling continued confidence in Ethereum even as some analysts expect near-term price weakness. BitMine bought $105 million worth of Ether (ETH) in its first reported acquisitions of the new year, according to a Wednesday X post from blockchain data platform Arkham. The treasury company now holds 4.07 million Ether worth $12.6 billion, representing 3.36% of the ETH supply, according to data from the StrategicEthReserve. Read more
Ethereum’s validator entry queue has climbed toward 1 million ETH, with an estimated wait time of nearly 17 days for new validators to become active. BitMine Immersion Technologies has added another 82,560 Ether, worth roughly $259 million, to Ethereum’s staking system, intensifying congestion in the network’s validator entry queue as institutional demand for yield continues to build. Data from Arkham shows that the Ether (ETH) treasury firm sent multiple large deposits to Ethereum’s BatchDeposit contract within the past few hours. With the new stake, BitMine’s total staked ETH has climbed to 544,064 Ether, valued at approximately $1.62 billion at current prices, according to onchain analyst Lookonchain. BitMine first started staking ETH on Dec. 26, transferring nearly $219 million worth of ETH to staking-related contracts on the Ethereum network. Read more
Being able to strategically raise capital by having shares ready to issue was one of the secondary reasons Lee gave for the proposal. Tom Lee, chairman of publicly listed Ether treasury company BitMine, urged shareholders to back a proposal to dramatically increase the company’s authorized share count to 50 billion from 50 million, citing the potential need for future stock splits as Ether’s price drives the the company’s valuation. Lee said BitMine’s share price closely tracks the price of Ether (ETH), and that he modeled potential future valuations using the ETH/Bitcoin ratio. According to Lee, ETH could reach $250,000 if Bitcoin (BTC) climbs to $1 million, a scenario that would push BitMine’s share price to levels he said would be inaccessible for most retail investors. BitMine shifted from operating as a Bitcoin mining and holding company to an ETH treasury strategy in 2025, but it still retains some of its Bitcoin operations. Read more
BitMine snared another 32,938 ETH on Tuesday as end-of-year tax-loss sellers and bots kept prices down, Fundstrat’s Tom Lee said. Ethereum treasury company BitMine Immersion Technologies scooped up $97.6 million worth of Ether on Tuesday as the crypto market remains muted in the final days of 2025. Nansen data shows BitMine purchased 32,938 Ether (ETH). Other data shows its total holdings are now 4.07 million ETH, worth $12 billion. BitMine also staked another 118,944 ETH, continuing its strategy to earn passive returns for shareholders. BitMine’s latest buying spree comes amid a broader crypto market compression, which Tom Lee, the orchestrator of BitMine’s Ethereum strategy, said was partly due to an uptick in tax-loss selling in the US: Read more
Ethereum treasury firm Bitmine has begun staking Ether after depositing nearly $219 million worth of ETH into Ethereum’s proof-of-stake system. Ethereum treasury firm Bitmine has begun staking its Ether holdings depositing nearly $219 million worth of ETH into Ethereum’s proof-of-stake (PoS) system. On Sunday, multiple wallets linked to Bitmine sent large Ether (ETH) transfers to a contract labeled “BatchDeposit,” onchain data from Arkham shows. The transfers totaled 74,880 ETH, a pattern typically associated with institutional staking setups that aggregate funds before validator creation. “The largest Ethereum treasury company Bitmine (BMNR) has finally started attempting to stake its held ETH to earn interest income,” EmberCN said in a post on X. Read more
The largest corporate Ether holder continues to buy the dip, as the industry’s most profitable traders continue to bet millions on ETH’s short-term decline. BitMine Immersion Technologies, the world’s largest corporate Ether holder, continues buying the dip, despite the industry’s most successful traders betting on Ethereum's price fall. BitMine acquired $199 million worth of Ether (ETH) during the past two days, through a $68 million ETH acquisition on Saturday and another $130.7 million buy on Friday, according to blockchain data platform Lookonchain. With the latest investments, BitMine now holds $11.3 billion, or 3.08%, of the total Ether supply, closing in on its 5% accumulation target, according to data from the StrategicEthReserve. Read more
ARK Invest ramped up its crypto exposure on Friday, adding Bullish, BitMine, Circle, Robinhood and nearly $600K in Bitcoin ETFs as crypto equities attempted a rebound. ARK Invest closed out the week with a fresh round of accumulation across several of its flagship funds, picking up positions in Circle, Bullish, BitMine, Robinhood and Bitcoin ETFs as crypto-related equities rebounded. The largest set of purchases targeted Bullish, with ARK Innovation ETF (ARKK), ARK Fintech Innovation ETF (ARKF) and ARK Next Generation Internet ETF (ARKW) expanding their exposure, according to trade notifications for Friday. Combined, these buys amounted to about $2 million, following Bullish’s 5.75% gain on the day. ARK also continued accumulating BitMine, with purchases across ARKF, ARKK and ARKW totaling approximately $830,000. BitMine closed slightly lower on the day but remained within its recent trading range near $26. Read more
The crypto treasury company plans to stake its ETH holdings to generate revenue, but is already down well over $1,000 on each ETH it holds. BitMine, a crypto treasury company that accumulates Ether (ETH) and Bitcoin (BTC), said on Friday it plans to launch the “Made in America Validator Network” (MAVAN) to stake its ETH holdings. The company is piloting MAVAN with three staking infrastructure providers, ahead of the launch slated for the first quarter of 2026, according to an announcement from BitMine. Staking tokens to validate proof-of-stake (PoS) blockchains secures networks and generates revenue in the form of staking rewards paid out in the native token of the blockchain network, in this case, ETH. Read more
BitMine’s $3.7 billion paper loss and the falling mNAV valuations are threatening the business model of DATs, according to 10x Research. Concerns are mounting over the sustainability of corporate crypto-treasury firms as BlackRock moves forward with a staked Ether fund that analysts say could compete directly with existing digital-asset treasuries. BitMine Immersion Technologies, the world’s largest corporate Ether (ETH) holder, is currently down $1,000 per purchased ETH, implying a cumulative unrealized loss of $3.7 billion on its total holdings, according to a Thursday research report from crypto insights company 10x Research. The decline in net asset value (NAV) across these firms is making it difficult to attract new retail investors while leaving many existing shareholders effectively “trapped” unless they sell at a steep loss, 10x Research founder Markus Thielen wrote in a LinkedIn post. Read more
ARK Invest boosted its crypto-linked holdings, buying $5.8 million in BitMine and $2.9 million in Bullish shares amid market dip. ARK Invest has ramped up its exposure to crypto-linked equities, scooping up more BitMine Immersion Technologies and Bullish shares across several of its exchange-traded funds as markets continued to slide. According to ARK’s daily trade disclosures from Friday, the ARK Fintech Innovation ETF (ARKF) added 18,089 shares of BitMine, the ARK Next Generation Internet ETF (ARKW) purchased 34,637 BitMine shares, while the ARK Innovation ETF (ARKK) added 116,681 — bringing the total purchases for the day to 169,407 shares, worth roughly $5.83 million. Separately, ARKF bought 8,063 Bullish shares, ARKW added 15,441 shares and ARKK acquired 52,011 shares. This brings ARK’s total Bullish purchases for the day to 75,515 shares, valued at approximately $2.91 million. Read more
BitMine held about $11 billion worth of ETH as of this week, making it the largest Ether treasury in the cryptocurrency industry. BitMine Immersion Technologies has overhauled its leadership as it continues to amass one of the largest Ether treasuries across publicly traded companies. In a Friday notice, BitMine announced that Chi Tsang would succeed Jonathan Bates as the company’s CEO, effective immediately. The Ether (ETH) treasury company reported holding more than 3.5 million tokens as of Monday, bringing its valuation to more than $11 billion at a price of $3,175. “With its substantial Ethereum holdings and credibility with both Wall Street and the Ethereum ecosystem, BitMine is positioned to become a leading financial institution,” said Tsang. Read more
BitMine’s massive ETH accumulation accelerated last week, adding 110,288 Ether to its $12.5 billion treasury as it targets 5% of the total supply. BitMine’s digital treasury accumulation is showing no signs of slowing down, with its latest week of Ether buying marking a 34% increase from the week before. BitMine Immersion Technologies announced the purchase of 110,288 Ether (ETH) on Monday, bringing its total to 3,505,723 ETH at an average purchase price of $3,639 per token. As part of the announcement, BitMine’s chairman Tom Lee said the recent ETH price dip presented an attractive opportunity” for the firm, as he went on to highlight Ether adoption happening on Wall Street: Read more
Cathie Wood’s ARK Invest added $2 million in BitMine shares across its ETFs as the Ether-holding firm’s stock surged 415% in 2025. Cathie Wood’s ARK Invest has increased its exposure to Tom Lee’s Ether treasury firm BitMine while reducing its position in Tesla. According to the firm’s daily trading disclosures dated Friday, ARK purchased a combined 48,454 shares of BitMine (worth around $2 million) across three of its exchange-traded funds (ETFs), including the ARK Innovation ETF (ARKK), the ARK Fintech Innovation ETF (ARKF) and the ARK Next Generation Internet ETF (ARKW). Wood’s investment funds have been increasing their exposure to BitMine since it started accumulating Ether (ETH) as a treasury asset in April. Read more