Bitmine Total Assets Surpass $11 Billion, Tom Lee: Crypto Winter Coming to an End

Ethereum Reserve Company BitMine (NASDAQ: BMNR) recently announced that its total assets, including cryptocurrencies, cash, and promising startup strategic investments, have reached $11 billion. The company currently holds over 4.66 million ETH and continues to pursue its goal of acquiring 5% of the global ETH supply.

Bitmine Surpasses $11 Billion in Total Assets

As of March 22, 2026, Bitmine’s asset reserves include 4,660,903 ETH (valued at $2,072 each), 196 BTC, and up to $1.1 billion in cash. Additionally, the company holds two highly promising strategic investments: $200 million in Beast Industries shares and $95 million in Eightco Holdings (NASDAQ: ORBS) shares. Regarding acquisition strategy, Chairman Tom Lee stated that the company has been accelerating its buying pace over the past three weeks, “Last week, we purchased 65,341 ETH, far exceeding our previous weekly average of 45,000 to 50,000, as we believe ETH is nearing the end of the ‘mini crypto winter.’” Currently, Bitmine’s ETH holdings account for approximately 3.86% of the total circulating supply of about 120.7 million ETH.

(BitMine invests an additional $80 million in Eightco (ORBS), positioning itself in OpenAI’s equity layout for AI new territory)

Are Cryptocurrencies the Best Hedge Assets During Wartime?

Regarding recent macroeconomic and geopolitical developments, Tom Lee said, “Since the outbreak of war in Iran, ETH has risen 18%, outperforming the overall stock market by 2,450 basis points; in contrast, traditional safe-haven assets like gold have fallen over 15%. Cryptocurrencies are proving to be excellent ‘wartime’ stores of value.” Furthermore, the highly watched Clarity Act has made progress in the U.S. Congress. Market data from Polymarket shows a 68% chance of the bill passing by the end of the year. Tom Lee believes this will serve as a positive catalyst for Ethereum’s fundamentals, indicating the crypto winter is coming to an end.

Clarity Act signed into law in 2026? Yes 68% · No 32% View full market & trade on Polymarket

(Recent Draft of the “Crypto Clarity Act”: Stablecoin holdings cannot earn interest, industry criticizes as overly restrictive)

Actively Expanding Staking Yields, MAVAN Validator Network Poised for Launch

In generating passive income, Bitmine has staked 3,142,643 ETH, worth about $6.5 billion, accounting for 67% of its total holdings. Tom Lee emphasized, “Bitmine’s staked ETH volume is the highest globally. When all of the company’s ETH is staked through its own network and partners, it is estimated to generate $272 million in rewards annually.” The company’s annualized staking yield has reached $184 million, with a 7-day annualized return of 2.83%, outperforming the market composite indicator (CESR) at 2.75%. The company is collaborating with three service providers to actively develop the MAVAN (Made in America Validator Network) infrastructure, which is expected to go live in early 2026.

(BitMine launches ETH staking, future daily passive income of millions of dollars)

Maintains the Largest ETH Reserves Globally

Bitmine currently holds the largest ETH reserves in the world and is the second-largest publicly listed crypto reserve company globally, second only to Strategy Inc. (NASDAQ: MSTR), which holds over 760,000 BTC. BMNR’s stock price has fallen 31.8% this year. The company’s ETH holdings account for about 3.86% of Ethereum’s current circulating supply, continuing to pursue its goal of acquiring 5% of the global ETH supply.

This article, “Bitmine Surpasses $11 Billion in Total Assets, Tom Lee: Crypto Winter Is Coming to an End,” was first published on Chain News ABMedia.