Bitmine Immersion Technologies Inc. disclosed holdings totaling $14.9 billion as of Aug. 23, 2026, including 5.85 million Ethereum and 210 Bitcoin, alongside $308 million in cash and marketable securities.
The company’s Ethereum position, valued at $2,440 per token, represents 4.8% of the total circulating supply of 120.7 million ETH. Approximately 87% of the Ethereum holdings, or 5.07 million ETH, are staked, generating an annualized staking revenue projection of $330 million at a seven-day yield of 2.67%. Bitmine has purchased 32,447 ETH over the past week, coinciding with a 30% weekly gain in the token’s price, its largest since May 2025.
In addition to digital assets, Bitmine holds a $180 million stake in Beast Industries and an $89 million stake in Eightco Holdings. Cash and marketable securities on the balance sheet amounted to $308 million. The company’s Ethereum treasury strategy, launched on June 30, 2025, has involved weekly purchases since inception.
Bitmine’s shares trade on the NYSE under the ticker BMNR, while its Series A preferred stock is listed as BMNP. The company was added to the Russell 1000 Large-cap index on June 26, 2026. Chairman Thomas Lee cited supportive White House signals for crypto and Treasury bond purchases as factors boosting risk appetite during the recent market rally.
Bitmine also operates MAVAN, an institutional-grade staking platform developed for its Ethereum treasury, with plans to expand services to institutional investors, custodians, and ecosystem partners.
