NORWALK, Conn., May 4, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”), a Bitcoin and Ethereum network company focused on long-term crypto accumulation, announced crypto + total cash + “moonshots” holdings totaling $13.1 billion.
Key holdings (as of May 3, 2026, 4:30pm ET)
– 5,180,131 ETH valued at $2,336 per ETH (Coinbase), representing 4.29% of the 120.7 million ETH supply.
– 200 Bitcoin (BTC).
– $200 million stake in Beast Industries.
– $83 million stake in Eightco Holdings (NASDAQ: ORBS).
– Total cash of $700 million.
– Total crypto + cash + moonshots = $13.1 billion.
Uplisting and market liquidity
– Bitmine uplisted from NYSE American to the New York Stock Exchange effective April 9, 2026; common stock continues trading under “BMNR.”
– BMNR is among the most actively traded U.S. stocks, with a 5-day average daily dollar volume of $625 million (ranked #173 among 5,704 US-listed stocks, per Fundstrat/Statista data).
Ethereum accumulation and staking
– Bitmine’s ETH accumulation strategy has accelerated: the Company acquired 101,745 ETH in the most recent week.
– Total staked ETH: 4,362,757 ETH (valued at $10.2 billion at $2,336 per ETH).
– A large portion of Bitmine’s ETH is staked via MAVAN (Made in America VAlidator Network), Bitmine’s institutional-grade staking platform.
– Bitmine reports a 7-day staking yield of 2.91% (annualized). When fully staked by MAVAN and partners, projected ETH staking rewards are estimated at $352 million annually; current annualized staking revenues reported at $297 million.
– The 4.4 million ETH staked is over 84% of Bitmine’s 5.18 million ETH holdings.
Strategic view and market context
– Bitmine describes Ethereum as benefiting from dual tailwinds: institutional tokenization on-chain and growing demand from agentic AI systems for public, neutral blockchains. The Company views ETH as increasingly functioning as both a store of value and a unit of exchange.
– Chairman Thomas “Tom” Lee commented on regulatory developments including the U.S. Senate’s CLARITY Act compromise text, noting market prediction tools show elevated probabilities of passage in 2026 and that regulatory clarity is a catalyst for “Crypto Spring.” Lee characterized current market sentiment as muted even as crypto prices strengthen.
Market position and investors
– Bitmine ranks as the largest ETH treasury globally and #2 global crypto treasury behind MicroStrategy (Strategy Inc., MSTR) by reported holdings.
– The Company cites support from institutional and notable investors including ARK Invest, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital, and personal investor Thomas “Tom” Lee, aligning with Bitmine’s “Alchemy of 5%” goal to acquire 5% of ETH supply.
Corporate materials and contacts
– Chairman’s message, Fiscal Full Year 2025 Earnings presentation, and corporate investor materials are available at Bitmine’s investor relations pages: https://Bitminetech.io/chairmans-message and https://Bitminetech.io/investor-relations/
– To stay informed: https://Bitminetech.io/contact-us/
– Follow on X: https://x.com/bitmnr and https://x.com/fundstrat
About Bitmine
Bitmine (NYSE: BMNR) is a U.S.-based Bitcoin miner deploying excess capital to build the leading Ethereum treasury. Guided by its “alchemy of 5%” philosophy, Bitmine focuses on ETH as a primary treasury reserve asset and leverages protocol-level activities including staking and DeFi. MAVAN was launched in 2026 as dedicated staking infrastructure.
Forward-Looking Statements
This press release contains forward-looking statements regarding Bitmine’s goals, strategies, projected staking rewards and revenues, regulatory developments, market conditions, and other matters. Actual results may differ materially due to risks and uncertainties described in Bitmine’s SEC filings, including its Form 10-K filed November 21, 2025, and other filings available at www.sec.gov. Bitmine undertakes no obligation to update forward-looking statements except as required by law.
