Bitmine has completed 80% of its ETH HODL target, with a staking APY of $212 million.

BlockBeats News, April 13, Bitmine once again increased its holdings last week by 71,524 ETH, bringing its total holdings to 4.874 million ETH, or 4.04% of the total ETH supply (120.7 million ETH), achieving 80% of its 5% accumulation target.

As of April 13, 2026, Bitmine's staked ETH totalled 3,334,637 ETH (valued at $2,206 per ETH, totaling $74 billion). Tom Lee stated: "Bitmine's staked ETH exceeds that of any other entity in the world. With large-scale operations (when Bitmine's ETH is staked entirely by MAVAN and its staking partners), the expected annualized ETH staking reward is $310 million. The current annualized staking revenue is $212 million. This 3.3 million ETH represents about 68% of Bitmine's 4.87 million ETH holdings."