Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.77 Million Tokens, and Total Crypto and Total Cash Holdings of $11.3 Billion
The company said its 5.77 million ETH and other holdings were worth $11.3 billion as it expands staking through MAVAN.
- On Monday, Bitmine Immersion Technologies announced total holdings of $11.3 billion, comprising 5.77 million ETH tokens, $482 million in cash and marketable securities, and "moonshots" including a $69 million stake in Eightco Holdings.
- Guided by its "Alchemy of 5%" philosophy, Bitmine has amassed 5.77 million ETH representing 4.8% of the total Ethereum supply of 120.7 million, targeting the full 5% goal sometime in 2026.
- Bitmine has staked 4,917,189 ETH through its MAVAN infrastructure as of July 12, representing 85% of its Ethereum treasury and worth $9.0 billion; projected annualized staking rewards reach $284 million at full scale.
- Robinhood Chain transaction volume has exceeded $1 billion with more trading activity than any other decentralized exchange, and Chairman Lee stated that 27 million users are "starting to see ETH as money."
- Following its June 26 addition to the Russell 1000 index, Bitmine expects to attract thousands of additional institutional investors, though shares have sunk 51% so far this year, generally tracking Ethereum's price decline.
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The Manila TimesBitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.77 Million Tokens, and Total Crypto and Total Cash Holdings of $11.3 Billion
Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the 'Alchemy of 5%' in just 12 months Bitmine was added to the...
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.77 Million Tokens, and Total Crypto and Total Cash Holdings of $11.3 Billion - BlockTelegraph
Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the ‘Alchemy of 5%’ in just 12 months Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026 Bitmine’s Series A Preferred Stock is trading on the NYSE under the symbol BMNP Bitmine has 4,917,189 staked ETH, representing $9.0 billion at $1,820 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for …
Bitmine ETH Holdings Rise As Robinhood Chain Tops $1B
Bitmine has expanded its Ethereum treasury to 5.77 million ETH after acquiring 27,801 ETH in the past week, bringing its holdings close to 5% of the circulating supply. Despite unrealized losses, the company continues accumulating ETH while expecting significant staking revenue and long-term ecosystem growth.
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