📌 Efirium-focused treasury firm BitMine is converting market volatility into opportunity! And once again, they’re restocking ETH! Here’s what we know
Ethereum-focused treasury firm BitMine announced the purchase of 50,928 Ethereum (ETH) units last week. As the company specified, the purchase was made at an average price of $1,976 per token. This action noticeably added to the Ethereum reserves held by BitMine.
As of March 1, 2026, the company’s total valuation of crypto-assets, cash and investments in projects reached $9.9 billion.
According to current information, BitMine controls 4,473,587 ETH. The value of this volume in the market exceeds 8.84 billion dollars. As a result, the firm is among the largest institutional holders of Ethereum.
BitMine’s portfolio covers more than just Ethereum. The company also holds 195 bitcoins (BTC). In addition, with $868 million in cash assets, the organization stands out for its investments in various fields.
BitMine has a substantial stake in Beast Industries with an investment of $200 million and has also invested $14 million in Eightco Holdings.