Bitmine Immersion Technologies (BMNR) reports its ETH holdings have climbed to 4.423 million tokens, bringing total crypto and cash assets to $9.6 billion.
Bitmine controls 4,422,659 ETH valued at $1,958 each, representing 3.66% of the total supply and $6.0 billion in staked ETH. Its crypto portfolio also includes 193 BTC, a $200 million stake in Beast Industries, a $17 million position in Eightco, $691 million in cash, and other “moonshot” assets, totaling $9.6 billion. The company has staked 3,040,483 ETH, generating $171 million annualized revenue at a 2.89% 7‑day yield, above the 2.81% market rate. Bitmine’s proprietary MAVAN validator network, slated for early‑2026, will secure this stake and aims to deliver best‑in‑class infrastructure. Annual staking rewards are projected at $249 million once fully operational. Bitmine is the world’s largest ETH treasury and the second‑largest crypto treasury after Strategy Inc. Its BMNR shares rank #165 in U.S. stock trading, with an average daily volume of $0.7 billion. Institutional backers include ARK, Founders Fund, Pantera, Kraken, DCG, Galaxy Digital and billionaire Tom Lee. The firm targets a 5% ETH ownership (“alchemy of 5%”) and will launch MAVAN in Q1 2026. Forward‑looking statements involve risks related to technology, financing, competition and crypto price volatility. All SEC filings are available on sec.gov; this release is sponsored and not investment advice.