Wall Street Institutions Build $2.86B Position in Bitmine as Ethereum Holdings Reach 4.37M ETH

On 20 February 2026, major U.S. financial institutions were reported to hold 136,702,386 Bitmine shares worth about $2.86 billion, backing the company's large-scale Ethereum accumulation strategy. Bitmine currently controls 4,371,497 ETH, equal to 3.62% of the circulating supply, and aims to reach roughly 6 million ETH, while staking operations are projected to generate up to $252 million in annual rewards after its MAVAN infrastructure goes live in Q1 2026.