Business UpdateMay 4, 2026, 08:52 AM
Bitmine Immersion Technologies ETH Holdings Reach 5.18M, Total Crypto $13.1B
AI Summary
Bitmine Immersion Technologies announced its crypto and cash holdings totaled $13.1 billion, including 5.18 million ETH tokens. The company holds 4.29% of the total ETH supply and has 4.36 million ETH staked, generating $297 million in annualized staking revenues. Bitmine also highlighted its recent uplisting to the NYSE and the launch of MAVAN, an institutional-grade staking platform, while maintaining an aggressive ETH accumulation strategy.
Key Highlights
- Total crypto, cash, and "moonshots" holdings reached $13.1 billion.
- Holds 5.18 million ETH tokens, representing 4.29% of the total ETH supply.
- 4,362,757 ETH are staked, valued at $10.2 billion at $2,336 per ETH.
- Annualized ETH staking revenues are $297 million, with a projected $352 million at full scale.
- Uplisted to the New York Stock Exchange (NYSE) on April 9, 2026.
- Acquired 101,745 ETH in the past week, continuing aggressive accumulation.
- Launched MAVAN, an institutional-grade Ethereum staking platform.
- BMNR stock trades $625 million daily (5-day avg), ranking #173 in the US.