Bitmine Immersion Technologies holds 4,803,334 ETH (valued at $10.2B), representing 3.98% of circulating ETH, and reported $11.4B in total assets ahead of an NYSE uplisting on April 9, 2026. The firm has staked 3.334M ETH via its MAVAN institutional staking platform (7‑day annualized yield 2.78%), generating $196M in annualized staking revenue (projected $282M at full scale). Other assets include 198 BTC, $864M cash, and equity stakes; Bitmine purchased 71,252 ETH in the past week—the largest weekly pace since Dec. 2025—and ranks as the largest corporate ETH treasury and second-largest crypto treasury globally.

Large, continued accumulation (4.803M ETH; 71,252 ETH bought last week) plus an upcoming NYSE uplisting and material staking revenue (3.334M ETH staked, 2.78% 7‑day yield, $196M annualized) are fact-based bullish signals for ETH demand and institutional credibility.