Bitmine Immersion Technologies (BMNR) announced a significant Ethereum treasury expansion on January 26, 2026, acquiring 40,302 ETH in the past week to reach a total of 4,243,338 ETH – equivalent to about 3.52% of the entire Ethereum supply.
BMNR Now Holds 4,243,338 ETH (3.52% of ETH Supply) – Valued at ~$12 Billion!
Bitmine Immersion Technologies is demonstrating strong commitment to Ethereum accumulation. While Bitcoin often dominates headlines, BMNR continues expanding its Ethereum treasury with staking and ambitious targets toward 5% of ETH supply, supported by the planned MAVAN validator network launch in Q1 2026.
BMNR shares were trading around $23.50 as of this writing. The update also details 193 BTC holdings, staked ETH increased to 2,009,267, plus strategic investments and $682 million cash, contributing to a $12.8 billion total position.
Building on trends we explored in our breakdown of MicroStrategy’s relentless BTC accumulation and our guide to corporate staking plays, companies are increasingly pursuing active altcoin treasury and yield strategies.
Greenlane Holdings (GNLN) Advances Berachain Validator Deployment
Greenlane Holdings announced plans to deploy up to 30 million BERA units into validator infrastructure, redeploying existing holdings to reach up to 50 million units total. This supports protocol-level yields within its Berachain-focused treasury approach. GNLN shares traded near $1.47 as of this writing.
Enlivex Therapeutics (ENLV) Lists RAIN Token on WhiteBIT
Enlivex Therapeutics announced the listing of its primary treasury asset, the RAIN token, on WhiteBIT exchange (effective Jan. 21) to improve market access and liquidity. ENLV shares were around $1.02 as of this writing.
How the Market Reacted When Others Did This
When MicroStrategy announced major BTC purchases, shares often saw sharp intraday gains of 10-20% driven by leverage and scarcity narratives, followed by consolidation amid volatility. Similar altcoin treasury expansions have produced quick positive reactions that can consolidate, highlighting the market’s focus on long-term corporate adoption while underscoring risks from price swings.
These January 26 announcements reflect active treasury management emphasizing accumulation, staking, validator participation, and liquidity improvements. Corporate crypto strategies continue evolving, but involve notable risks including cryptocurrency volatility, unrealized losses, and execution challenges in staking and deployments.
