NORWALK, Conn., April 6, 2026 — Bitmine Immersion Technologies, Inc. (NYSE: BMNR) said today its combined crypto, cash and strategic equity holdings total $11.4 billion and that the company has been approved to uplist from the NYSE American to the New York Stock Exchange, effective at the open of trading on April 9, 2026. Bitmine’s common stock will continue to trade under the symbol BMNR.
Holdings as of April 5, 2026, 8:30 p.m. ET:
– Ethereum (ETH): 4,803,334 ETH valued at $2,123 per ETH (Coinbase price), representing roughly 3.98% of the total ETH supply (120.7 million ETH);
– Bitcoin (BTC): 198 BTC;
– Strategic equity stakes: $200 million in Beast Industries and $92 million in Eightco Holdings (NASDAQ: ORBS);
– Total cash: $864 million.
Total reported assets include the above crypto, cash and “moonshots,” aggregating to $11.4 billion.
Staking and MAVAN platform:
– Staked ETH: 3,334,637 ETH (about 69% of Bitmine’s 4.8M ETH), with a portion already staked on MAVAN (Made in America Validator Network), Bitmine’s institutional-grade staking platform launched in 2026 to support its ETH treasury and serve institutional clients, custodians and partners.
– 7‑day staking yield (annualized): 2.78%.
– Composite Ethereum Staking Rate (CESR, Quatrefoil): 2.74%.
– Annualized staking revenues currently: $196 million.
– Estimated at-scale rewards (if all ETH is staked via MAVAN and partners): $282 million annually, based on a 2.78% yield.
Accumulation and targets:
Bitmine said its ETH accumulation pace has accelerated; in the most recent week it purchased 71,252 ETH, the largest weekly buy since the week of Dec. 22, 2025. The company now holds about 3.98% of total ETH and is more than 79% of the way to its stated “alchemy of 5%” target, on a nine-month timetable.
Market position and liquidity:
Bitmine positions itself as the largest known ETH treasury in the world and ranks second among global crypto treasuries behind Strategy Inc. (NASDAQ: MSTR), which holds approximately 762,099 BTC (~$51 billion). BMNR is also among the more actively traded U.S.-listed stocks, averaging about $987 million in daily dollar volume in a recent multi-day average, ranking #96 by dollar volume.
Support and strategy:
The company notes backing from institutional and notable market participants, including ARK Invest’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and investor Thomas “Tom” Lee. Bitmine’s stated strategy centers on deploying capital to build an institutional Ethereum treasury, focusing on ETH accumulation, staking and protocol-native activities for long-term reserve assets.
Corporate materials and forward-looking statements:
Chairman Thomas “Tom” Lee commented on macro drivers and ETH’s performance amid geopolitical tensions, citing tokenization on Wall Street and growing AI-driven demand for public blockchains. Bitmine’s chairman’s message, fiscal 2025 earnings presentation and other investor materials are available on the company’s investor relations site. The release contains forward-looking statements about ETH acquisition goals, staking outcomes and related expectations; actual results may differ due to market, regulatory, technological and other risks described in Bitmine’s SEC filings, including its Form 10‑K filed Nov. 21, 2025. Bitmine does not undertake an obligation to update forward-looking statements except as required by law.