Bitmine Immersion Technologies continued its Ethereum accumulation strategy on December 31, 2025, according to on-chain data. The company received an inflow of 32,938 ETH, valued at $97.6 million. Bitmine subsequently deposited 118,944 ETH, worth $352 million, into Ethereum’s staking contract.
This transaction is part of a larger staking initiative. Since December 27, Bitmine has staked a total of 461,504 ETH. This staked amount is valued at approximately $1.37 billion.
The action furthers the company's strategy to monetize its 4.1 million ETH treasury. Bitmine plans to launch its 'Made in America Validator Network' (MAVAN) in 2026. The company projects MAVAN could generate over $1 million in daily staking revenue.