NORWALK, Conn., April 6, 2026 — Bitmine Immersion Technologies, Inc. (NYSE American: BMNR) announced it has been approved to uplist to the New York Stock Exchange. Bitmine’s common stock will stop trading on the NYSE American after market close on April 8, 2026, and will begin trading on the NYSE under the ticker BMNR at market open on April 9, 2026. The company reported total crypto, cash and ‘‘moonshot’’ holdings of $11.4 billion.
Holdings (as of April 5, 2026 at 8:30 p.m. ET):
– 4,803,334 ETH (priced at $2,123 per ETH on Coinbase), representing 3.98% of the 120.7 million ETH supply;
– 3,334,637 ETH currently staked (valued at $7.1 billion at $2,123 per ETH);
– 198 BTC;
– $200 million stake in Beast Industries;
– $92 million stake in Eightco Holdings (NASDAQ: ORBS) labeled as ‘‘moonshots’’;
– Total cash of $864 million.
Bitmine said its ETH balance is more than 79% of the way to its stated ‘‘Alchemy of 5%’’ target, achieved in roughly nine months. The company added 71,252 ETH in the most recent week, its largest weekly accumulation since the week of December 22, 2025.
Staking infrastructure and yield
Bitmine launched MAVAN (Made in America Validator Network), an institutional-grade staking platform built to support its Ethereum treasury and to serve institutional investors, custodians and ecosystem partners. A portion of Bitmine’s ETH is already staked through MAVAN.
Thomas “Tom” Lee, Chairman of Bitmine, said: “As of April 6, 2026, Bitmine total staked ETH stands at 3,334,637 ($7.1 billion at $2,123 per ETH). Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine’s ETH is fully staked by MAVAN and its staking partners), the ETH staking reward is $282 million annually (using 2.78% 7‑day BMNR yield).”
Lee added that annualized staking revenues are now $196 million, and that the 3.3 million ETH staked represents roughly 69% of Bitmine’s total 4.8 million ETH holdings. He noted the Composite Ethereum Staking Rate (CESR), administered by Quatrefoil, is 2.74%, while Bitmine’s 7‑day staking operations generated a 2.78% annualized yield.
Market context and positioning
Lee commented on macro conditions, stating the Iran conflict had entered its sixth week and was a primary driver of global markets. He said ETH has been a relative standout since the start of the conflict, posting a 6.8% gain and outperforming the S&P 500 by 1,130 basis points and gold by 1,840 basis points, calling ETH a wartime store of value. Lee argued that ETH benefits from institutional tokenization efforts and growing demand from AI systems that require neutral public blockchains.
Bitmine described itself as the largest Ethereum treasury and the second-largest global crypto treasury behind MicroStrategy (NASDAQ: MSTR). The company also highlighted high trading liquidity, reporting an average daily dollar volume of $987 million (4‑day average as of April 2, 2026), which it said ranks #96 in the U.S. out of 5,704 listed stocks, citing Fundstrat and Statista.
Institutional support and materials
Bitmine said it continues to have backing from institutional and prominent investors, including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and Thomas “Tom” Lee. The company reiterated its objective of accumulating 5% of the ETH supply.
The Chairman’s message, the company’s fiscal 2025 earnings presentation and other investor materials are available on Bitmine’s website and investor relations pages.
About Bitmine
Bitmine (NYSE American: BMNR) is a U.S.-based Bitcoin miner that is redeploying capital to build a leading Ethereum treasury. The company focuses on ETH as a primary reserve asset and leverages staking and DeFi; it launched MAVAN staking infrastructure in 2026.
Forward-looking statements
This release contains forward-looking statements about Bitmine’s ETH acquisition and staking goals, the long-term value of Ethereum, and expected benefits of the company’s treasury strategy. These statements are subject to risks and uncertainties, including technology adoption, financing, competition and volatility in crypto markets, and actual results may differ materially. See Bitmine’s SEC filings, including the Risk Factors in its Form 10-K filed November 21, 2025, for more information. Bitmine does not undertake any obligation to update forward-looking statements except as required by law.