Global top-ranked digital asset reserve institution BitMine has recently continued to increase its Ethereum holdings. In the latest transaction, the company bought 44,463 ETH, bringing its total Ethereum holdings to over 4.11 million ETH.

From the purchasing pace, this institution's accumulation activity is clearly accelerating. After buying 98,852 ETH in a single week last week, it has continued to make large-scale acquisitions this week. More notably, BitMine has been consistently buying over 40,000 ETH each week for at least ten consecutive cycles. This sustained buying strength has firmly established its position as the world's largest ETH incremental buyer.

In addition to spot purchases, BitMine is also making significant efforts in Ethereum staking. Recently, it added 118,944 ETH to staking, with a scale of $352 million. Based on current allocations, its total staked Ethereum has reached 461,504 ETH, corresponding to an asset value of $1.368 billion, accounting for 11.2% of its total holdings. This strategy is clear—while asset value appreciates, passive income is generated for shareholders through staking.

The market context is quite interesting. This wave of operations coincides with a period of overall pressure in the crypto market. According to company executives, year-end tax-loss selling is suppressing the prices of the entire market and related stocks. Such selling pressure is usually most intense in late December, which ironically creates a good opportunity for institutions to deploy capital.