Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.67 Million Tokens, and Total Crypto and Total Cash Holdings of $10.7 Billion
The company said it now holds 5.67 million ETH after buying 52,203 tokens, or 4.7% of Ethereum’s circulating supply, and is 94% of its target.
- On Monday, Bitmine Immersion Technologies, Inc. announced total crypto and cash holdings of $10.7 billion, including 5.67 million ETH tokens after acquiring 52,203 ETH last week.
- Driven by its 'Alchemy of 5%' philosophy, Bitmine aims to accumulate 5% of Ethereum's total supply, reaching 94% of this goal in just 11 months as Chairman Thomas "Tom" Lee maintains steady accumulation throughout 2026.
- Bitmine's MAVAN staking infrastructure supports its treasury strategy, projecting annualized staking rewards of $268 million and revenues of $223 million at full operational scale.
- The company declared weekly cash dividends of $0.1847 per share for its Series A Preferred Stock , trading on the New York Stock Exchange, with payments scheduled through August 28, 2026.
- Chairman Lee believes the market is in early stages of "crypto spring," anticipating that artificial intelligence and tokenization will drive exponential demand growth for blockchain and decentralized crypto.
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The Manila TimesBitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.67 Million Tokens, and Total Crypto and Total Cash Holdings of $10.7 Billion
Bitmine owns 4.7% of the total ETH coin supply of 120.7 million Bitmine is 94% of the way to the 'Alchemy of 5%' in just 11 months Bitmine's Series A Preferred...
Bitmine Reports 5.67M ETH Holdings, Total Assets Reach $10.7B - BlockTelegraph
Bitmine owns 4.7% of the total ETH coin supply of 120.7 million Bitmine is 94% of the way to the ‘Alchemy of 5%’ in just 11 months Bitmine’s Series A Preferred Stock is trading on the NYSE under the symbol BMNP Bitmine has 4,718,677 staked ETH, representing $8.2 billion at $1,733 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors Bitmine owns $104 million of Eightco (…
BitMine is now one of the largest Ethereum investors worldwide. The company's holdings are reaching new record highs. Source: BTC-ECHO
Bitmine Ethereum Holdings Near 5% Supply Target as BMNR Eyes Russell 1000 Entry
Key Insights Bitmine increased its Ethereum treasury to 5.67 million ETH after acquiring 52,203 additional coins. The company has staked 4.72 million ETH, generating an estimated $223 million in annualized rewards. BMNR stock is expected to join the Russell 1000 Index on June 26. Bitmine Technologies expanded its Ethereum treasury again, purchasing 52,203 ETH and bringing total holdings to 5.67 million coins. The latest acquisition lifted the v…
Bitmine snaps up another $90M in ETH as Tom Lee nears 5% supply goal
Bitmine has purchased another 52,203 ETH worth about $90 million, bringing its holdings to 4.7% of Ethereum’s total supply. According to a company update released on Monday, Bitmine’s latest purchase increases its exposure to Ethereum despite continued weakness in the…
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