LAS VEGAS, March 2, 2026 — Bitmine Immersion Technologies, Inc. (NYSE AMERICAN: BMNR) today reported combined crypto, cash and strategic investments totaling $9.9 billion.
As of March 1, 2026 at 2:00pm ET, Bitmine’s crypto and equity positions include 4,473,587 ETH (valued at $1,976 per ETH), 195 BTC, a $200 million stake in Beast Industries and a $14 million stake in Eightco Holdings (NASDAQ: ORBS). The company also holds $868 million in cash. Bitmine’s ETH position represents 3.71% of the 120.7 million ETH supply — roughly 74% of the way toward its ‘Alchemy of 5%’ target, achieved in about eight months.
Staked ETH totals 3,040,483 (approximately $6.0 billion at $1,976 per ETH). Bitmine reports annualized staking revenue of $172 million today; if the treasury is fully staked through MAVAN and partner validators, staking rewards could reach about $253 million annually, based on a 2.86% 7‑day BMNR yield. By comparison, Quatrefoil’s Composite Ethereum Staking Rate (CESR) is 2.83%, while Bitmine’s 7‑day staking yield was 2.86%. The company is advancing its Made-in-America Validator Network (MAVAN) staking solution for deployment in early 2026 and is working with three staking providers.
During the past week Bitmine added 50,928 ETH to its holdings. Chairman Thomas ‘Tom’ Lee said the company is methodically executing its Ethereum treasury strategy — accumulating ETH during the recent pullback and optimizing yield on assets amid rising geopolitical uncertainty.
Bitmine is the largest ETH treasury globally and ranks as the #2 crypto treasury overall, behind Strategy Inc. (NASDAQ: MSTR). It is also among the most actively traded U.S. stocks, averaging $0.8 billion in daily dollar volume (5‑day average as of Feb. 27, 2026), a rank of #145 out of 5,704 U.S.-listed stocks per Fundstrat and Statista.
Institutional and strategic supporters include ARK Invest (Cathie Wood), MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and investor Thomas ‘Tom’ Lee as Bitmine pursues its ETH accumulation and staking objectives.
The Chairman’s message along with Bitmine’s Fiscal 2025 earnings release and corporate presentations are available at Bitminetech.io/investor-relations. For real-time updates, follow @bitmnr on X.
About Bitmine
Bitmine (NYSE AMERICAN: BMNR) is a Bitcoin miner that deploys excess capital to build a leading Ethereum treasury while engaging in protocol-level activities such as staking and DeFi. The company intends to launch MAVAN in Q1 2026.
Forward-Looking Statements
This release contains forward-looking statements that involve risks and uncertainties, including Bitmine’s ability to acquire and stake ETH, generate expected staking yields, finance operations and the future value of digital assets. Actual results could differ materially. See Bitmine’s SEC filings, including the Form 10-K filed Nov. 21, 2025, for a discussion of risk factors. Bitmine undertakes no obligation to update these forward-looking statements except as required by law.