Bitmine Pushes $13.1 Billion Treasury as 5,180,131 ETH Position Reshapes Crypto Balance

Key Takeaways:

• Bitmine reached $13.1 cardinal successful holdings connected May 3, 2026, including 5.18 cardinal ETH and 200 Bitcoin.
• Ranking arsenic the #2 planetary treasury, Bitmine present trades $625 cardinal daily, outpacing firms similar DoorDash.
• Thomas Lee expects the CLARITY Act’s 2026 transition to thrust agentic AI commerce and ETH staking growth.

Ethereum Dominates Holdings

Bitmine Immersion Technologies announced connected May 4 that its full holdings, including cryptocurrency, cash, and strategical investments, person reached $13.1 billion. The announcement comes weeks aft the company’s April 9 uplisting to the New York Stock Exchange.

As of May 3, Bitmine reported a treasury comprised of 5,180,131 ETH—representing astir 4.29% of the full planetary supply—and 200 bitcoin. At a valuation of $2,336 per ETH, the company’s Ethereum holdings unsocial are valued astatine astir $12.1 billion. The institution besides disclosed $700 cardinal successful currency and $283 cardinal successful “moonshot” investments, including stakes successful Beast Industries and Eightco Holdings.

Bitmine Chairman Thomas Lee characterised the existent marketplace arsenic the commencement of a “ Crypto Spring,” citing the imaginable transition of the CLARITY Act successful the U.S. Senate arsenic a superior catalyst. The projected legislation, which precocious saw a compromise successful text, seeks to modulate stablecoin yields portion allowing for activity-based rewards.

“This compromise is mostly acceptable to us,” Lee said successful a statement, noting that prediction markets present amusement a amended than 60% accidental of the measure passing successful 2026.

Lee emphasized that ETH is progressively serving arsenic some a store of worth and a portion of exchange, peculiarly amid geopolitical instability. Since the commencement of the Iran War, Lee noted, ETH has outperformed the S&P 500 by 1,380 ground points.

Over the past week, Bitmine acquired an further 101,745 ETH. The institution has besides expanded its method infrastructure done the Made successful America Validator Network (MAVAN), an institutional-grade staking platform. Bitmine has already staked 4,362,757 ETH—roughly 84% of its full holdings—generating an annualized staking gross of $297 million.

Company information indicates that Bitmine present holds the largest Ethereum treasury successful the satellite and the second-largest planetary cryptocurrency treasury, trailing lone Strategy, which holds bitcoin valued astatine $64.2 billion.

The company’s banal has seen precocious liquidity, with an mean regular dollar volume of $625 million. According to Fundstrat data, Bitmine presently ranks arsenic the 173rd astir traded banal successful the United States, positioned betwixt Cheniere Energy and Doordash.