The Bitmine Immersion Technologies company announced today, April 20, 2026, that it acquired 101,627 ether (ETH), the native cryptocurrency of the Ethereum network, during the past week. This transaction represents the largest weekly purchase executed by the firm since December 15, 2025.
After the operation, The total holdings of the company, which is publicly traded under the ticker BMNR, amounted to 4,976,485 ETH. At current market value, said assets are equivalent to approximately $11.5 billion.
In addition to its Ethereum assets, Bitmine’s treasury has 199 bitcoin (BTC) and a reserve of $1.12 billion in cash for future operations.
The purchase puts Bitmine one step closer to its goal of controlling 5% of the total ether supply, estimated at around 120 million coins. With the volume of assets accumulated to date, the company has already traveled 83% of the way. This means that it is only 17% away from achieving that goal. strategic.
A large part of Bitmine’s funds are deposited in staking. Bitmine holds 3,334,637 ETH under this mechanism, valued at $7.7 billion.
To manage these funds, as reported by CriptoNoticias, the firm uses its own infrastructure called MAVAN (Made in America Validator Network). This institutional grade platform was launched in March 2026 to offer professional data validation services.
Tom Lee, president of the company, stated that there are clear signs that the “crypto mini-winter” is coming to an end. For the executive, the recent massive purchase is a validation of his confidence in the system. The company is committed to an aggressive accumulation strategy while prices remain at levels that they consider undervalued with respect to their future potential.