{"id":21343,"date":"2026-04-01T12:33:13","date_gmt":"2026-04-01T12:33:13","guid":{"rendered":"https:\/\/www.coinspeaker.com\/fr\/?p=21343"},"modified":"2026-04-01T09:36:01","modified_gmt":"2026-04-01T09:36:01","slug":"bitmine-declare-4732-millions-deth-reserves-tresorerie","status":"publish","type":"post","link":"https:\/\/www.coinspeaker.com\/fr\/bitmine-declare-4732-millions-deth-reserves-tresorerie\/","title":{"rendered":"Bitmine Immersion Technologies d\u00e9clare 4,732 millions d&rsquo;ETH dans ses r\u00e9serves de tr\u00e9sorerie"},"content":{"rendered":"<p>Bitmine Immersion Technologies (NYSE American : BMNR) a r\u00e9v\u00e9l\u00e9 le 30 mars 2026 que sa tr\u00e9sorerie en Ethereum a atteint 4,732 millions de jetons ETH. En incluant l&rsquo;ensemble de ses avoirs en crypto-actifs, sa tr\u00e9sorerie totale de 961 millions USD et d&rsquo;autres positions \u2014 y compris des actifs dits \u00ab moonshot \u00bb \u2014 l&rsquo;entreprise cumule un total de 10,7 milliards USD.<\/p>\n<p>Au cours de r\u00e9f\u00e9rence de 2 005 USD par ETH, la r\u00e9serve de l&rsquo;entreprise en Ethereum affiche \u00e0 elle seule une valeur notionnelle sup\u00e9rieure \u00e0 9,4 milliards USD, pla\u00e7ant Bitmine parmi les plus importants d\u00e9tenteurs institutionnels d&rsquo;Ether au monde en nombre de jetons. Cette divulgation confirme une acc\u00e9l\u00e9ration du rythme d&rsquo;accumulation qui a d\u00e9sormais retir\u00e9 une fraction mesurable de l&rsquo;offre en circulation d&rsquo;Ethereum de la participation active au march\u00e9.<\/p>\n<p>Bitmine d\u00e9clare contr\u00f4ler d\u00e9sormais 3,92 % de l&rsquo;offre totale de jetons ETH, ce que la soci\u00e9t\u00e9 pr\u00e9sente comme ayant franchi plus de 78 % du chemin vers son objectif autoproclam\u00e9 de \u00ab l&rsquo;Alchimie des 5 % \u00bb \u2014 un seuil fix\u00e9 environ huit mois auparavant.<\/p>\n<p>Le rythme de cette accumulation, compte tenu de l&rsquo;ampleur des capitaux d\u00e9ploy\u00e9s sur cette p\u00e9riode, repr\u00e9sente l&rsquo;un des programmes d&rsquo;acquisition d&rsquo;ETH les plus agressifs jamais enregistr\u00e9s pour une entit\u00e9 unique parmi les soci\u00e9t\u00e9s cot\u00e9es en bourse.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"474\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">JUST IN:<\/p>\n<p>TOM LEE AND BITMINE <a rel=\"noopener noreferrer\" target=\"_blank\" rel=\"noopener nofollow sponsored\" href=\"https:\/\/twitter.com\/search?q=%24BMNR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BMNR<\/a> BOUGHT 71.1K ETHEREUM THIS PAST WEEK &#8230; Here is Bitmine&#39;s updated holdings<\/p>\n<p>&#8211; 4,732,082 <a rel=\"noopener noreferrer\" target=\"_blank\" rel=\"noopener nofollow sponsored\" href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a>, up from 4.66M on March 22nd (3.14M are currently staked)<br \/>&#8211; 197 Bitcoin <a rel=\"noopener noreferrer\" target=\"_blank\" rel=\"noopener nofollow sponsored\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a><br \/>&#8211; $961M cash<br \/>&#8211; $200M stake in Beast Industries<br \/>&#8211; $102M stake in Eightco\u2026 <a rel=\"noopener noreferrer\" target=\"_blank\" rel=\"noopener nofollow sponsored\" href=\"https:\/\/t.co\/PcGqFtfNz2\">pic.twitter.com\/PcGqFtfNz2<\/a><\/p>\n<p>&mdash; Tom Lee Tracker (Not actually Tom) (@TomLeeTracker) <a rel=\"noopener noreferrer\" target=\"_blank\" rel=\"noopener nofollow sponsored\" href=\"https:\/\/twitter.com\/TomLeeTracker\/status\/2038596319682400554?ref_src=twsrc%5Etfw\">March 30, 2026<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>\u00c0 D\u00c9COUVRIR : <a href=\"https:\/\/www.coinspeaker.com\/fr\/guides\/memecoin\/\" target=\"_blank\" rel=\"nofollow noopener\">Supercycle des meme coins : les meilleures performances de la semaine<\/a><\/strong><\/p>\n<h2>Tr\u00e9sorerie ETH de Bitmine : analyse de la position de 4,732 millions<\/h2>\n<p>Sur les 4,732 millions d&rsquo;ETH d\u00e9clar\u00e9s, Bitmine indique que 3 142 643 jetons sont activement stak\u00e9s \u2014 valoris\u00e9s \u00e0 environ 6,3 milliards USD aux prix actuels \u2014 via MAVAN (Made in America VAlidator Network), l&rsquo;infrastructure de staking institutionnelle propri\u00e9taire de l&rsquo;entreprise lanc\u00e9e le 25 mars 2026.<\/p>\n<p><a href=\"https:\/\/www.coinspeaker.com\/ethereum-news-bitmine-stakes-215m-eth\/\" target=\"_blank\" rel=\"noopener\">Des rapports pr\u00e9c\u00e9dents ont confirm\u00e9 une transaction de staking ant\u00e9rieure de Bitmine d&rsquo;environ 94 670 ETH d&rsquo;une valeur de quelque 204 millions USD<\/a>, ce qui portait \u00e0 l&rsquo;\u00e9poque le total des avoirs stak\u00e9s \u00e0 3 142 291 ETH \u2014 des chiffres qui correspondent directement \u00e0 la divulgation actuelle et confirment que la position de staking est rest\u00e9e largement stable alors que les avoirs totaux ont continu\u00e9 de cro\u00eetre gr\u00e2ce \u00e0 de nouvelles acquisitions.<\/p>\n<div id=\"attachment_428233\" class=\"wp-caption alignnone\" style=\"width: 1290px;\">\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-428233 size-full\" src=\"https:\/\/www.coinspeaker.com\/wp-content\/uploads\/2026\/03\/photo_2026-03-31_12-19-17.jpg\" alt=\"\" width=\"1280\" height=\"786\" aria-describedby=\"caption-attachment-428233\" \/><\/p>\n<p id=\"caption-attachment-428233\" class=\"wp-caption-text\">Source : <a href=\"https:\/\/intel.arkm.com\/explorer\/entity\/bitmine\" target=\"_blank\" rel=\"\">Arkham<\/a><\/p>\n<\/div>\n<p>Au-del\u00e0 de l&rsquo;ETH, Bitmine a d\u00e9clar\u00e9 d\u00e9tenir 102 millions USD en ORBS, que la soci\u00e9t\u00e9 pr\u00e9sente comme offrant aux investisseurs une exposition directe au capital d&rsquo;OpenAI via les march\u00e9s publics \u2014 une affirmation qui n\u00e9cessite une v\u00e9rification ind\u00e9pendante mais qui signale l&rsquo;app\u00e9tit de la firme pour des positions asym\u00e9triques \u00e0 forte conviction.<\/p>\n<p>La tr\u00e9sorerie totale s&rsquo;\u00e9l\u00e8ve \u00e0 961 millions USD, offrant un matelas de liquidit\u00e9s significatif par rapport \u00e0 un portefeuille global fortement concentr\u00e9 sur un seul actif volatil. La composition du bilan \u2014 environ 88 % de crypto-actifs en valeur notionnelle \u2014 laisse peu d&rsquo;ambigu\u00eft\u00e9 sur l&rsquo;orientation strat\u00e9gique de l&rsquo;entreprise.<\/p>\n<p>Chaque jeton ETH transf\u00e9r\u00e9 vers l&rsquo;infrastructure de staking de Bitmine est retir\u00e9 de l&rsquo;offre liquide en circulation. Avec 4,732 millions de jetons, les avoirs de la soci\u00e9t\u00e9 d\u00e9passent de plusieurs fois le volume quotidien de trading de l&rsquo;ETH sur la plupart des bourses centralis\u00e9es, ce qui signifie que tout sc\u00e9nario de liquidation forc\u00e9e deviendrait en soi un \u00e9v\u00e9nement de march\u00e9 influant sur les prix.<\/p>\n<h2>Tr\u00e9sorerie d&rsquo;entreprise en Ethereum : l&rsquo;argument structurel derri\u00e8re la divulgation<\/h2>\n<p>Le chiffre de 3,92 % de d\u00e9tention de l&rsquo;offre d\u00e9tenu par Bitmine n&rsquo;est pas qu&rsquo;une simple mesure de prestige. L&rsquo;architecture en Proof-of-Stake (Preuve d&rsquo;Enjeu) d&rsquo;Ethereum signifie que l&rsquo;ETH stak\u00e9 g\u00e9n\u00e8re un rendement au niveau du protocole \u2014 actuellement de l&rsquo;ordre de 3 % \u00e0 4 % en rythme annuel \u2014 tout en r\u00e9duisant simultan\u00e9ment le flottant disponible sur les march\u00e9s au comptant et d\u00e9riv\u00e9s.<\/p>\n<p>Une seule entit\u00e9 contr\u00f4lant pr\u00e8s de 4 % de l&rsquo;offre et dirigeant la majorit\u00e9 de celle-ci vers un r\u00e9seau de validateurs cr\u00e9e un plancher d&rsquo;offre cumulatif : la position g\u00e9n\u00e8re des int\u00e9r\u00eats en ETH suppl\u00e9mentaires qui, s&rsquo;ils sont conserv\u00e9s, augmentent le pourcentage de d\u00e9tention sans nouvel apport de capital.<\/p>\n<p>Le soutien institutionnel cit\u00e9 par Bitmine \u2014 ARK Investment Management de Cathie Wood, Pantera Capital, Founders Fund, Galaxy Digital, Digital Currency Group et Kraken, entre autres \u2014 sugg\u00e8re que la position n&rsquo;est pas sp\u00e9culative au sens o\u00f9 l&rsquo;entendrait un particulier.<\/p>\n<div id=\"attachment_428234\" class=\"wp-caption alignnone\" style=\"width: 1290px;\">\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-428234 size-full\" src=\"https:\/\/www.coinspeaker.com\/wp-content\/uploads\/2026\/03\/photo_2026-03-31_12-20-47.jpg\" alt=\"\" width=\"1280\" height=\"354\" aria-describedby=\"caption-attachment-428234\" \/><\/p>\n<p id=\"caption-attachment-428234\" class=\"wp-caption-text\">Source : Flux net total des ETF Ethereum au comptant \/ <a href=\"https:\/\/sosovalue.com\/assets\/etf\/Total_Crypto_ETH_ETF_Fund_Flow?page=usETH\" target=\"_blank\" rel=\"\">SoSoValue<\/a><\/p>\n<\/div>\n<p>Il s&rsquo;agit d&rsquo;allocataires op\u00e9rant sous mandat dont l&rsquo;implication implique qu&rsquo;un seuil de diligence raisonnable a \u00e9t\u00e9 franchi, un signal qualitativement distinct d&rsquo;une accumulation port\u00e9e par les particuliers. <a href=\"https:\/\/www.coinspeaker.com\/microstrategy-eyes-1-million-btc-saylor-plan\/\" target=\"_blank\" rel=\"noopener\">Le parall\u00e8le avec la strat\u00e9gie de tr\u00e9sorerie en Bitcoin de MicroStrategy<\/a> est structurel : une entreprise publique utilise l&rsquo;acc\u00e8s au march\u00e9 boursier pour accumuler un actif num\u00e9rique rare \u00e0 grande \u00e9chelle, concentrant l&rsquo;offre tout en maintenant une action liquide pour l&rsquo;entr\u00e9e des institutionnels.<\/p>\n<p>Bitmine rapporte que BMNR est actuellement la 100e action la plus \u00e9chang\u00e9e aux \u00c9tats-Unis, avec une moyenne de 920 millions USD de volume quotidien sur les cinq derni\u00e8res sessions \u2014 un profil de liquidit\u00e9 qui amplifie \u00e0 la fois la capacit\u00e9 de lev\u00e9e de fonds et le risque de volatilit\u00e9 inh\u00e9rent \u00e0 une soci\u00e9t\u00e9 de trois employ\u00e9s g\u00e9rant une position combin\u00e9e de 10,7 milliards USD.<\/p>\n<p>Le prochain \u00e9v\u00e9nement de divulgation significatif \u2014 qu&rsquo;il s&rsquo;agisse d&rsquo;une mise \u00e0 jour 8-K sur l&rsquo;activit\u00e9 d&rsquo;acquisition d&rsquo;ETH ou des r\u00e9sultats du premier trimestre de l&rsquo;exercice 2026 \u2014 indiquera si Bitmine comble l&rsquo;\u00e9cart restant pour atteindre les 5 % de d\u00e9tention de l&rsquo;offre avant que la structure du march\u00e9 d&rsquo;Ethereum ne change \u00e0 nouveau. \u00c0 la vitesse d&rsquo;accumulation actuelle, le seuil est \u00e0 port\u00e9e de main. Les jetons ne sont pas \u00e0 vendre.<\/p>\n<p><a target=\"_blank\" rel=\"noopener nofollow sponsored\" class=\"infinscroll_next_page_link\" style=\"display: none;\" href=\"https:\/\/www.coinspeaker.com\/ethereum-news-bitmine-stakes-215m-eth\/\" rel=\"prev\">next<\/a><\/p>\n<a class=\"infinscroll_next_page_link\" style=\"display:none\" href=\"https:\/\/www.coinspeaker.com\/fr\/fondation-ethereum-stake-de-leth-50-millions-usd\/\" rel=\"prev\">next<\/a>","protected":false},"excerpt":{"rendered":"<p>Bitmine d\u00e9clare d\u00e9tenir 4,732 millions d&rsquo;ETH d&rsquo;une valeur de plusieurs milliards<\/p>\n","protected":false},"author":200,"featured_media":21341,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actu"],"acf":[],"yoast_head":"<!-- This site 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Roux","image":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/www.coinspeaker.com\/fr\/wp-content\/uploads\/sites\/6\/2025\/06\/cropped-pp-1-96x96.png","url":"https:\/\/www.coinspeaker.com\/fr\/wp-content\/uploads\/sites\/6\/2025\/06\/cropped-pp-1-96x96.png","contentUrl":"https:\/\/www.coinspeaker.com\/fr\/wp-content\/uploads\/sites\/6\/2025\/06\/cropped-pp-1-96x96.png","caption":"Emmanuel Roux"},"description":"Issu de la finance traditionnelle, j\u2019ai naturellement bascul\u00e9 vers l\u2019univers crypto, attir\u00e9 par son potentiel. Je souhaite y apporter mon approche analytique et rationnelle, tout en conservant ma curiosit\u00e9. En dehors de l\u2019\u00e9cran, je lis beaucoup (\u00e9conomie, essais, un peu de science-fiction) et je prends plaisir \u00e0 bricoler. Le DIY, pour moi, c\u2019est comme la crypto : comprendre, tester, construire soi-m\u00eame.","url":"https:\/\/www.coinspeaker.com\/fr\/author\/emmanuel\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/posts\/21343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/users\/200"}],"replies":[{"embeddable":true,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/comments?post=21343"}],"version-history":[{"count":2,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/posts\/21343\/revisions"}],"predecessor-version":[{"id":21351,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/posts\/21343\/revisions\/21351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/media\/21341"}],"wp:attachment":[{"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/media?parent=21343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/categories?post=21343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/tags?post=21343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}