BitMine Highlights Massive Ethereum Treasury and Staking Strategy

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2026.01.26 14:20
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BitMine Immersion Technologies (BMNR) has appointed CFO Young Kim to its board, enhancing governance. The company reported total holdings of $12.8 billion, including 4.243 million ETH, making it the largest Ethereum treasury. BitMine has staked over 2 million ETH, potentially generating $374 million in annual fees. BMNR is among the 100 most traded U.S. stocks, with a Buy rating and a $39 price target. The company focuses on accumulating ETH and plans to launch its MAVAN staking platform in Q1 2026, with a market cap of $13.1 billion.