Bitmine Reaches 4.803 Million ETH, Announces NYSE Uplisting – Crypto News Bitcoin News

• Bitmine holds 4.803 million worth $10.2 billion, making it the worlds largest ethereum treasury as of April 6, 2026.
• MAVAN, Bitmines institutional platform, has staked 3.33 million generating $196 million in annualized revenue.
• Bitmines NYSE uplisting takes effect April 9, 2026, as the company targets 5% of total supply under Chairman Tom Lee.

Bitmine Buys 71,252 in One Week, Highest Pace Since December 2025

The Norwalk, Conn.-based company Bitmine said its common stock will move from NYSE American to the NYSE effective at the open of trading on April 9, 2026, and will continue trading under the ticker symbol BMNR.

As of 8:30 p.m. ET on April 5, the company held 4,803,334 valued at $2,123 per token on Coinbase, 198 bitcoin, a $200 million in Beast Industries, and $92 million in Eightco Holdings (Nasdaq: ORBS). Total cash stood at $864 million.

The ETH holdings represent 3.98% of the total circulating supply of 120.7 million tokens, putting Bitmine more than 79% of the way toward its stated target of holding 5% of the supply, a goal it calls the “Alchemy of 5%.”

Strategy Inc. (Nasdaq: MSTR), which now holds 766,970 valued at approximately $53.2 billion, remains the largest global treasury. Bitmine ranks second globally and first in . Strategy this week made its latest purchase, continuing the accumulation strategy that has made it the benchmark for corporate treasury management.

Bitmine Chairman Tom Lee stated that has been the second-best performing asset since the start of the Iran war, gaining 6.8% and outperforming the S&P 500 by 1,130 basis points. “ beating by 1,840 basis points demonstrates is the wartime store of value,” Lee remarked.

In the past week, Bitmine acquired 71,252 , the highest weekly purchase total since the week of Dec. 22, 2025. Lee called this the final stage of what he described as a “mini- winter,” with ethereum ( ) positioned to draw institutional capital off the sidelines.

Bitmine staked 3,334,637 , valued at $7.1 billion, through its institutional platform MAVAN, which stands for Made in America VAlidator Network. The platform generated a seven-day annualized yield of 2.78%, above the Composite Ethereum Rate of 2.74% administered by Quatrefoil. Annualized staking revenues currently stand at $196 million, the company noted.

At full scale, Bitmine projects annual staking rewards of $282 million. The company said MAVAN will expand to serve institutional investors, custodians and ecosystem partners beyond Bitmines own treasury.

Bitmines $92 million stake in Eightco Holdings gives BMNR shareholders indirect exposure to OpenAI, as the company described it as one of the only publicly listed equities in the world to offer that access.

766,970 BTC Stack—Strategy Buys More Bitcoin After Saylor‘s ’Back to Work Hint on Sunday

Strategy acquired 4,871 bitcoin for approximately $329.9 million on April 6, 2026, as Michael Saylor declared that bitcoin has won…

Read Now

766,970 BTC Stack—Strategy Buys More Bitcoin After Saylor‘s ’Back to Work Hint on Sunday

Strategy acquired 4,871 bitcoin for approximately $329.9 million on April 6, 2026, as Michael Saylor declared that bitcoin has won…

Read Now

766,970 BTC Stack—Strategy Buys More Bitcoin After Saylor‘s ’Back to Work Hint on Sunday

Read Now

Strategy acquired 4,871 bitcoin for approximately $329.9 million on April 6, 2026, as Michael Saylor declared that bitcoin has won…

The stock ranked 96th by average daily dollar volume among 5,704 U.S.-listed equities, with a four-day average of $987 million as of April 2, according to Fundstrats stats. BMNR sits behind Schlumberger at rank 95 and ahead of Adobe at rank 97.

Institutional backers include Ark Investment Managements Cathie Wood, Founders Fund, Pantera Capital, Kraken, Digital Currency Group, Galaxy Digital and Bill Miller III.