On July 13, Bitmine announced that it purchased an additional 27,801 ETH in the past week and said it will continue to maintain its steady accumulation pace since 2026. The company expects to achieve its so-called “5% Alchemy” target within the year.

As of July 12, Bitmine holds a total of 5.77 million ETH, of which 4.92M ETH (about 85% of its holdings) has been staked. Based on an ETH price of $1,820, its total value is approximately $9 billion. The company expects that, on an annualized staking yield of 2.70%, its annualized staking revenue will be about $242 million. If all ETH is fully staked, its annualized staking rewards could reach up to $284 million.

In addition, Bitmine said it launched its institutional-grade Ethereum staking platform MAVAN (Made in American Validator Network) this year and will open it to institutional investors, custodians, and ecosystem partners in the future.

Bitmine claims it has become the world’s largest ETH reserve institution and, by the size of its crypto asset reserves, ranks second globally, behind Strategy, which holds 843,775 BTC. The company also said that the GENIUS Act and the U.S. SEC’s Project Crypto will drive changes in digital asset financial infrastructure, with an impact comparable to the way the end of the 1971 Bretton Woods system drove the modernization of Wall Street. #PreIPOs第二期OpenAI认购