Bitmine Immersion Technologies, Inc. (NYSE AMERICAN: BMNR) today announced crypto + total cash + “moonshots” holdings totaling $11.5 billion. As of March 15, 2026 at 7:00pm ET, Bitmine’s crypto holdings include 4,595,562 ETH valued at $2,185 per ETH, 196 BTC, a $200 million stake in Beast Industries, an $83 million stake in Eightco Holdings (NASDAQ: ORBS), and total cash of $1.2 billion. Bitmine’s ETH holdings represent 3.81% of the circulating ETH supply (120.7 million ETH).
Bitmine increased its investment in existing “moonshot” Eightco (ORBS) by $80 million to support ORBS’s $50 million equity purchase in OpenAI and $25 million in Beast Industries. ORBS is described as the only publicly listed equity offering direct investor exposure to OpenAI ahead of a widely anticipated 2026 IPO.
Bitmine also acquired 5,000 ETH from the Ethereum Foundation to enable the Foundation to fund its core operations without selling ETH on the open market.
Chairman Thomas “Tom” Lee noted recent macro developments and market moves, saying crypto — and Ethereum in particular — has outperformed equities amid recent geopolitical events. Bitmine modestly increased its pace of ETH purchases in recent weeks, acquiring 60,999 ETH in the most recent week versus a recent weekly average of 45k–50k ETH.
As of March 15, 2026, Bitmine’s total staked ETH is 3,040,515 (worth approximately $6.6 billion at $2,185 per ETH). Bitmine says it has staked more ETH than any other entity globally. At scale, when Bitmine’s ETH is fully staked via MAVAN and staking partners, Bitmine estimates ETH staking rewards of $272 million annually using a 2.81% 7-day BMNR yield; current annualized staking revenues are reported at $180 million. Bitmine cites a Composite Ethereum Staking Rate (CESR) of 2.79% (Quatrefoil) and a 7-day Bitmine staking yield of 2.81%.
Bitmine is advancing its Made in America VAlidator Network (MAVAN) staking solution, targeting deployment in early 2026, and is working with three staking providers as it moves toward unveiling MAVAN.
Bitmine’s ETH treasury is the largest in the world and the company ranks as the #1 Ethereum treasury and #2 global crypto treasury, behind MicroStrategy (NASDAQ: MSTR). Bitmine also emphasizes strong market liquidity for its stock: Fundstrat data shows BMNR traded an average daily dollar volume of $1.0 billion (5-day average as of March 13, 2026), ranking it #105 among 5,704 US-listed stocks.
Bitmine remains supported by a roster of 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, as the company pursues its stated goal of acquiring 5% of ETH (“the alchemy of 5%”).
Additional resources:
– Chairman’s message: https://www.Bitminetech.io/chairmans-message
– Fiscal FY2025 earnings and corporate presentation: https://Bitminetech.io/investor-relations/
– Contact/sign-up: https://Bitminetech.io/contact-us/
– X: https://x.com/bitmnr
About Bitmine
Bitmine (NYSE AMERICAN: BMNR) is a Bitcoin miner and Ethereum treasury company deploying excess capital to build a leading institutional Ethereum treasury, leveraging staking and DeFi. Bitmine plans to launch MAVAN (Made-in America VAlidator Network) in Q1 2026.
Forward-Looking Statements
This release includes forward-looking statements regarding Bitmine’s ETH acquisition and staking goals, MAVAN deployment, and the future value of crypto assets. Actual results may differ 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 undertakes no obligation to update forward-looking statements except as required by law.