BitMine (Photo: Shutterstock)

BitMine Immersion Technologies, a U.S. New York Stock Exchange-listed company, bought an additional 71,524 ether last week.

CoinPost reported on April 14 that the purchase was worth 25.7 billion yen, or about 239.5 billion won. It was the highest weekly purchase pace since the week that included Dec. 22, 2025.

The purchase lifted BitMine's total ether holdings to 4,874,858 tokens. The company valued them at $10.9 billion at $2,252 per token, or about 16.17 trillion won. The amount equals 4.04 percent of ether's total supply of 120.7 million tokens. Total holdings including crypto, cash and other investment assets expanded to $11.8 billion, or about 17.5 trillion won.

BitMine has continued to increase its pace of ether purchases over the past four weeks. The company cited geopolitical instability as the background to its current strategy. Chairman Thomas Lee (톰 리) said ether has risen 17.4 percent since the start of hostilities as the conflict in Iran enters its seventh week. He said ether outperformed the S&P 500 by 1,830 basis points and gold by 2,743 basis points over the same period, adding, "These figures show Ethereum's position as a store of value."

It is also expanding staking. Of BitMine's ether holdings, 3,334,637 tokens have already been put into staking. The company put the value of that amount at $7.4 billion, or about 10.97 trillion won. Staking is conducted through the Made in America Validator Network, or MAVAN, and annual rewards have already reached $2.12 million, or about 3.144 billion won, it said.

Lee said, "If we stake all of the remaining amount, we expect annual rewards of $3.1 million," or about 4.6 billion won. BitMine is also growing a structure that generates cash flow from its holdings beyond simple possession.

BitMine also plans to maintain its stance of additional purchases. Lee said, "Over the past four weeks, BitMine has increased the pace of ether purchases every week," adding, "Our base case is that Ethereum is in the final stage of a mini crypto winter."

As a result, market attention is focused on how much more BitMine will increase its holding share and what weight expanded staking will take in the company's asset management strategy. As of now, BitMine continues moves that push large-scale ether holdings and staking at the same time even among listed companies.

1/ BitMine provided its latest holdings update for April 13, 2026: $11.8 billion in total crypto + "moonshots": - 4,874,858 ETH at $2,206 per ETH (@coinbase) - 198 Bitcoin (BTC) - $200 million stake in Beast Industries @MrBeast - $85…

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#BitMine Immersion Technologies #Ethereum #NYSE #Thomas Lee #MAVAN
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