Bitmine's Ethereum Holdings Reach Record High as NYSE Uplisting Looms

Bitmine, a Norwalk, Connecticut-based company, has made significant strides in the crypto market. The firm announced that its common stock will be listed on the NYSE, effective April 9th, 2026. This move marks an important milestone for Bitmine as it continues to expand its presence in the digital asset space.

As of April 5th, Bitmine held a substantial 4.803 million ETH, valued at approximately $10.2 billion. This significant holding makes Bitmine the world's largest Ethereum treasury, accounting for 3.98% of the total circulating supply of 120.7 million tokens.

Bitmine's institutional staking platform, MAVAN, has also been a major contributor to its success. The platform has staked 3.33 million ETH, generating $196 million in annualized staking revenue. This represents a significant return on investment for the company and its stakeholders.