Bitmine Secures $200 Million Investment, Holds 3.48% of Total ETH Supply
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: PRnewswire
- Shareholder Approval: At the January 15, 2026, shareholders' meeting, 81% of voting shareholders supported Proposal 2, demonstrating strong confidence in Bitmine's ETH accumulation strategy, which further solidifies the company's position in the crypto market.
- ETH Holdings Growth: As of January 19, 2026, Bitmine's staked ETH reached 1,838,003, valued at approximately $5.9 billion, reflecting an increase of 581,920 over the past week, indicating the company's ongoing growth in crypto asset accumulation.
- Major Investment: Bitmine announced a $200 million investment in Beast Industries on January 15, 2026, which is expected to enhance its market influence in content creation and further drive the company's long-term growth strategy.
- Increased Trading Volume: Bitmine's stock has achieved an average daily trading volume of $1.5 billion in the U.S. market, ranking it as the 59th most traded stock, showcasing its high liquidity and investor interest.
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About ORBS
Eightco Holdings Inc., through its subsidiary, Forever 8 Fund, LLC, operates as an inventory capital and management platform for e-commerce sellers. Forever 8 Fund, LLC (Forever 8) is an e-commerce fintech company that provides funding solutions for e-commerce businesses. Forever 8 provides funding solutions for e-commerce businesses, which sell on Amazon, Shopify and other online platforms. Forever 8 uses proprietary technology to review product sales data and determine funding potential for online retail entrepreneurs around the world. In addition, the Company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
