Bitmine Immersion Technologies (NYSE: BMNR) reported a total treasury of $13.1 billion composed of crypto, cash, and strategic equity positions as of May 3, 2026. The company continues to position Ethereum as its primary reserve asset while also holding Bitcoin, cash, and selected “moonshot” investments.
Top holdings (May 3, 2026, 4:30 pm ET):
– 5,180,131 ETH (priced at $2,336 per ETH on Coinbase), representing roughly 4.29% of the 120.7 million ETH supply.
– 200 BTC.
– $200 million equity position in Beast Industries.
– $83 million stake in Eightco Holdings (NASDAQ: ORBS).
– $700 million in cash.
– Aggregate crypto + cash + moonshots = $13.1 billion.
Market and listing updates
– Bitmine completed an uplist from NYSE American to the New York Stock Exchange effective April 9, 2026; its common shares continue to trade under the ticker BMNR.
– BMNR is among the most actively traded U.S. stocks, reporting a 5-day average daily dollar volume of $625 million (Fundstrat/Statista), ranking it #173 of 5,704 U.S.-listed equities.
Ethereum accumulation and staking
– Bitmine has accelerated ETH accumulation, adding 101,745 ETH in the most recent week reported.
– Total ETH staked: 4,362,757 ETH (valued at about $10.2 billion at $2,336/ETH). Staked ETH represents over 84% of the company’s 5.18 million ETH holdings.
– Much of the staking activity runs through MAVAN (Made in America VAlidator Network), Bitmine’s institutional-grade staking platform launched in 2026.
– Recent 7-day staking yield is 2.91% (annualized). Bitmine projects that when fully staked via MAVAN and partners, ETH staking rewards could reach approximately $352 million annually; current annualized staking revenues are reported at $297 million.
Strategic view
– Bitmine frames Ethereum’s outlook around two reinforcing trends: increasing institutional tokenization on-chain and rising demand for neutral, public blockchains from agentic AI systems. The company expects ETH to function increasingly as both a store of value and a unit of exchange.
– Chairman Thomas “Tom” Lee highlighted ongoing regulatory developments, referencing the U.S. Senate’s CLARITY Act compromise text and noting that market tools show elevated probabilities of passage in 2026. Bitmine sees regulatory clarity as an important catalyst for broader crypto adoption.
Market position and investor support
– By reported holdings, Bitmine positions itself as the largest ETH treasury worldwide and the second-largest crypto treasury overall, trailing only MicroStrategy.
– The company cites backing or alignment with institutional and notable investors including ARK Invest, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital, and Tom Lee personally. Bitmine continues to pursue its stated “Alchemy of 5%” objective—building toward ownership of 5% of the ETH supply.
Where to find more
– Corporate materials including the chairman’s message and the Fiscal 2025 earnings presentation are available on Bitmine’s investor pages: https://Bitminetech.io/chairmans-message and https://Bitminetech.io/investor-relations/
– Contact and updates: https://Bitminetech.io/contact-us/
– Follow on X: https://x.com/bitmnr and https://x.com/fundstrat
A brief caution
– The company’s statements include forward-looking projections about accumulation, staking yields, regulatory developments, and market outcomes. Actual results may differ materially because of market, regulatory, operational, or other risks described in Bitmine’s SEC filings. Investors should review Bitmine’s public reports and disclosures for details.