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    Home » BitMine buys 105 million in Ether and keeps 915 million in cash reserves

    BitMine buys 105 million in Ether and keeps 915 million in cash reserves

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    By ethan on January 8, 2026 Companies, News
    Photorealistic header with a BitMine executive silhouette, ETH coins, rising chart, vault imagery, and a treasury grid.
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    BitMine Immersion Technologies, recognized as the largest known corporate ETH holder worldwide, has started 2026 with a highly aggressive accumulation strategy. The company executed a 105 million dollar purchase in ETH, according to data revealed by the Arkham platform. With this acquisition, the firm now custodians a total of 4.07 million tokens in its corporate treasury. This figure represents approximately 3.36% of the total circulating supply of the Ethereum network currently.

    Furthermore, the company has intensified its staking activities to constantly generate passive yields from its holdings. According to reports from Lookonchain, BitMine has already deposited over 2.87 billion dollars into participation protocols.

    On the other hand, the board confirmed they still hold 915 million dollars in cash available for future purchases. Tom Lee, the firm’s chairman, noted that these investments demonstrate unwavering confidence in the digital asset long-term. Despite volatility predictions, the company maintains its goal of reaching 5% of the supply.

    Therefore, BitMine’s role as the leading corporate ETH holder directly influences institutional perception. The company takes advantage of correction periods to strengthen its dominant position in the crypto market significantly. In this way, an important support floor is established for the price of the cryptocurrency in 2026.

    Analysts observe that this movement precedes greater adoption by other sovereign wealth funds. The supply shortage on exchanges could be accentuated due to this systematic institutional hoarding.

    Is BitMine’s strategy sustainable in the face of a possible drop toward $1,800?

    Likewise, Tom Lee anticipated a possible significant correction that could bring Ether’s price to attractive levels. Nevertheless, the company considers these dips to be ideal opportunities to efficiently average the purchase cost. It is also observed that market whales have bought over 11 million dollars recently as a group. Therefore, institutional demand seems to be absorbing any selling pressure coming from retail investors. The migration of liquidity toward real yield protocols is a growing trend this year.

    On the other hand, infrastructure for institutional investors has successfully passed the 2025 stress tests. Likewise, the sector has adopted much stricter and transparent real-time verification standards. Jimmy Xue, an executive at Axis, stated that risk is being valued more professionally today. This allows entry barriers for pension funds to be significantly reduced in the short term. 2026 is shaping up to be the year of definitive global financial integration.

    Will institutional accumulation succeed in mitigating Ethereum’s historical volatility?

    Therefore, the strategy of the largest corporate ETH holder suggests a vision of decades, not months. The company is preparing its infrastructure to dominate ecosystem liquidity in the coming years. Hence, the yield generated by staking allows BitMine to fund its operations without selling its core assets. This dynamic creates sustained upward pressure that benefits all long-term holders. Investors’ eyes are focused on the execution of the next million-dollar purchases.

    Finally, BitMine consolidates itself as the most important institutional support pillar for the Ethereum network. However, monitoring its remaining 915 million dollars will be key to anticipating movements. The altcoin market is expected to experience a revaluation based on fundamentals and real adoption soon. The industry is moving away from pure speculation to focus on the network’s financial utility. The future of Ether seems to be increasingly in the hands of large corporate treasuries.

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    ethan

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