NORWALK, Conn., April 6, 2026 /PRNewswire/ — (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”), a Bitcoin and Ethereum network company focused on long-term crypto accumulation, announced that its crypto + total cash + “moonshots” holdings total $11.4 billion and that it has been approved for uplisting to the New York Stock Exchange (“NYSE”) from the NYSE American. Bitmine’s common stock will cease trading on the NYSE American after market close on April 8, 2026, and commence trading on the NYSE under the symbol “BMNR” at the opening on April 9, 2026.
As of April 5, 2026 at 8:30pm ET, Bitmine’s crypto holdings comprise:
– 4,803,334 ETH (priced at $2,123 per ETH on Coinbase), representing 3.98% of the 120.7 million ETH supply;
– 3,334,637 ETH staked ($7.1 billion at $2,123 per ETH);
– 198 BTC;
– $200 million stake in Beast Industries;
– $92 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”);
– Total cash of $864 million.
Bitmine said its ETH holdings are over 79% of the way to its “Alchemy of 5%” target, achieved in roughly nine months. The Company reported acquiring 71,252 ETH in the most recent week, the highest pace of buys since the week of December 22, 2025.
Bitmine launched MAVAN (Made in America VAlidator Network), an institutional-grade staking platform developed to support Bitmine’s Ethereum treasury and to serve institutional investors, custodians, and ecosystem partners. A portion of Bitmine’s ETH is already staked via MAVAN.
“As of April 6, 2026, Bitmine total staked ETH stands at 3,334,637 ($7.1 billion at $2,123 per ETH). Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine’s ETH is fully staked by MAVAN and its staking partners), the ETH staking reward is $282 million annually (using 2.78% 7-day BMNR yield),” said Thomas “Tom” Lee, Chairman of Bitmine.
“Annualized staking revenues are now $196 million. And this 3.3 million ETH is about 69% of the 4.8 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.74%, while Bitmine’s own staking operations generated a 7-day yield of 2.78% (annualized),” Lee added.
Lee commented on macro dynamics: “The Iran war enters its 6th week and this war remains the most important driver of global markets. ETH remains the second best performing asset since the start of the war, with a 6.8% gain and outperforming the S&P 500 by 1,130bp. And ETH beating gold by 1,840bp demonstrates ETH is the wartime store of value. At the moment, this war exerts more influence on risk markets than global central banks. The war has placed downward pressure on global markets, so it is impressive to see ETH as one of the few to rise on an absolute basis. This is a great harbinger, as we expect ETH leadership to strengthen investors and eventually take cash off the sidelines. Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains.”
Bitmine said it is the #1 Ethereum treasury and the #2 global crypto treasury behind MicroStrategy (NASDAQ: MSTR). The Company also highlighted its high trading liquidity: average daily dollar volume of $987 million (4-day average, as of April 2, 2026), ranking #96 in the U.S. among 5,704 listed stocks, per Fundstrat and Statista data.
Bitmine noted continued support from institutional and prominent investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and Thomas “Tom” Lee, aligned with Bitmine’s goal of acquiring 5% of ETH.
The Company’s Chairman’s message, fiscal full year 2025 earnings presentation, and investor materials are available on Bitmine’s website. To stay informed, visit Bitmine’s investor relations and contact pages.
About Bitmine
Bitmine (NYSE AMERICAN: BMNR) is a U.S. Bitcoin miner deploying excess capital to build the world’s leading Ethereum treasury, focusing on ETH as its primary reserve asset and leveraging staking and DeFi. The Company launched MAVAN, a dedicated staking infrastructure, in 2026.
Forward-Looking Statements
This press release contains forward-looking statements regarding Bitmine’s ETH acquisition and staking goals, the long-term value of Ethereum, growth of the Company’s Ethereum treasury strategy and related benefits. These statements involve risks and uncertainties, including technology adoption, financing, competition, and crypto market volatility. Actual results may differ materially. See Bitmine’s SEC filings, including the Risk Factors in Bitmine’s Form 10-K filed November 21, 2025, for additional information. Bitmine undertakes no obligation to update these statements except as required by law.
