Bitmine Immersion Technologies, Inc. (NYSE AMERICAN: BMNR) reported consolidated crypto, cash and strategic “moonshot” holdings totaling $11.5 billion as of March 15, 2026 (7:00pm ET). Key balances and positions: 4,595,562 ETH (priced at $2,185 per ETH), 196 BTC, a $200 million stake in Beast Industries, an $83 million position in Eightco Holdings (NASDAQ: ORBS), and $1.2 billion in cash. Bitmine’s ETH position represents roughly 3.81% of the circulating supply (120.7 million ETH).
Capital deployment and strategic moves
– Bitmine increased its investment in Eightco (ORBS) by $80 million. ORBS has committed equity into major technology opportunities, including a reported $50 million equity allocation to OpenAI and $25 million to Beast Industries; ORBS is presented as a public vehicle providing investor exposure to OpenAI ahead of a potential 2026 IPO.
– Bitmine acquired 5,000 ETH from the Ethereum Foundation to let the Foundation fund core operations without selling ETH on the open market.
Chairman commentary and recent buying pace
Chairman Thomas “Tom” Lee said recent macro and geopolitical developments have favored crypto performance, with Ethereum notably outperforming equity markets. Reflecting that view, Bitmine modestly accelerated ETH purchases in recent weeks, acquiring 60,999 ETH in the most recent week versus a recent weekly average of 45,000–50,000 ETH.
Staking, MAVAN and projected yields
– Total staked ETH: 3,040,515 (approximately $6.6 billion at $2,185 per ETH). Bitmine states it has staked more ETH than any other single entity globally.
– Using its MAVAN program and staking partners, Bitmine estimates annual staking rewards of $272 million at a 2.81% 7‑day BMNR yield when fully scaled. Current annualized staking revenues are reported at about $180 million.
– Bitmine cites a Composite Ethereum Staking Rate (CESR) of 2.79% (source: Quatrefoil) and a 7‑day Bitmine staking yield of 2.81%.
– MAVAN (Made in America VAlidator Network) is under development, with target deployment in early 2026. Bitmine is working with three staking providers as it prepares to roll out the MAVAN solution.
Treasury ranking and market liquidity
Bitmine reports the largest ETH treasury in the world, ranking #1 among Ethereum treasuries and #2 among global crypto treasuries behind MicroStrategy (NASDAQ: MSTR). On-market liquidity for BMNR has been strong: Fundstrat data showed a 5‑day average daily dollar trading volume of $1.0 billion (as of March 13, 2026), placing BMNR at #105 out of 5,704 U.S.-listed stocks by that metric.
Supporters and strategic objective
Bitmine highlights support from institutional and prominent investors, including ARK Invest’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and Thomas “Tom” Lee. The company continues to pursue its stated goal of acquiring 5% of total ETH supply — a target it refers to as “the alchemy of 5%.”
About Bitmine
Bitmine (NYSE AMERICAN: BMNR) is a Bitcoin miner and institutional Ethereum treasury operator that deploys excess capital into building a large ETH treasury, leveraging staking and DeFi strategies. The company plans to launch MAVAN (Made-in America VAlidator Network) in early 2026.
Forward-looking statements
This release contains forward-looking statements about Bitmine’s ETH acquisitions and staking goals, MAVAN deployment, staking yields and future asset values. Actual results may differ materially due to risks described in Bitmine’s SEC filings, including its Form 10‑K filed November 21, 2025. Copies of Bitmine’s SEC filings are available at www.sec.gov. Bitmine disclaims any obligation to update forward-looking statements except as required by law.
Investor resources
For additional information, visit Bitmine’s investor materials and contact pages on the company website and social channels.