BitMine Now Controls Over 3% of All Ethereum as Crypto Holdings Surge Past $13.3 Billion
One entity just locked down a staggering slice of the Ethereum network—and the numbers are making traditional finance squirm.
The Whale Emerges
BitMine's vaults now hold more than three percent of the entire Ethereum supply. That's not just a big position; it's a market-moving stake in the world's leading smart contract platform. While Wall Street funds bicker over basis points, crypto-native firms are quietly building empires on-chain.
The $13.3 Billion Signal
The total crypto asset haul hitting $13.3 billion isn't just a balance sheet figure—it's a statement. This capital isn't sitting in low-yield treasury bonds; it's deployed directly into the digital economy's infrastructure. Active accumulation at this scale bypasses traditional gatekeepers entirely.
Why This Stings Traditional Finance
Fund managers who spent years dismissing crypto as a 'fad' now face a competitor with deeper pockets and a radically different playbook. BitMine's move highlights a simple truth: in the new financial landscape, code often cuts through red tape faster than any committee vote.
One cynical take? While legacy banks debate their digital asset strategy in quarterly meetings, the new guard is just buying the network.
BitMine Leads Global ETH Treasury Rankings
BitMine possesses the largest Ethereum-centric balance sheet in the crypto space. As a whole, BitMine ranks second globally, with Strategy Inc. being the first, which holds over 660,000 BTC valued at $59 billion. As such, BitMine is normally used as a benchmark by institutions tracking large movements in crypto adoption.
More attention is being drawn to the company, and this is reflected in its stock market performance. Data obtained from Fundstrat shows BitMine had an average volume of $1.9 billion for five days until December 11, 2025.
The volume is sufficient and ranks it 41st among over 5,700 stocks in the US, behind Boeing but before Sandisk. Such a large volume of stock is an indication of interest in the stock.
BitMine Advances U.S.-Based Ethereum Staking Plans
Other than accumulating assets, BitMine is also preparing the next step by developing infrastructure. One of the projects that the company is undertaking is the Made in America Validator Network, or MAVAN, a staking platform.
The system will offer secure and domestic Ethereum staking services and is projected to be released in early 2026. BitMine will map out its roadmap and governance changes at its annual shareholders gathering, which will be held on January 15, 2026, at the Wynn Las Vegas.
