NORWALK, Conn., July 13, 2026 /PRNewswire/ -- Bitmine Immersion Technologies, Inc. (NYSE: BMNR) (“Bitmine” or the “Company”), a leading Bitcoin and Ethereum network company focused on long-term digital asset accumulation, today announced that its combined crypto holdings, total cash, marketable securities, and strategic “moonshot” investments now total $11.3 billion.
As of July 12, 2026, at 5:00 p.m. ET, Bitmine’s portfolio includes 5,770,038 ETH valued at $1,820 per token (based on Coinbase pricing), representing 4.8% of Ethereum’s total circulating supply of 120.7 million ETH. The Company is now 96% of the way toward its strategic “Alchemy of 5%” initiative—aiming to acquire 5% of all ETH in circulation—within just 12 months.
Bitmine also holds 206 Bitcoin (BTC), a $180 million stake in Beast Industries, and a $69 million investment in Eightco Holdings (NASDAQ: ORBS), which provides indirect public market exposure to OpenAI. Additionally, the Company reports $482 million in total cash and marketable securities.
Of its ETH holdings, 4,917,189 tokens (85% of total ETH) are actively staked through Bitmine’s institutional-grade staking platform, MAVAN (Made in America VAlidator Network), launched earlier in 2026. At current prices, staked ETH represents approximately $9.0 billion in value. Bitmine claims to stake more ETH than any other entity globally, with projected annualized staking revenues of $242 million and potential future rewards of $284 million once fully deployed across MAVAN and partner validators, based on a 2.70% 7-day yield.
“One of the biggest crypto success stories in 2026 is the breakaway success of the Robinhood Chain L2 mainnet on July 1, built on Arbitrum,” said Thomas “Tom” Lee, Chairman of Bitmine. “Robinhood Chain uses ETH as the native gas token, and its 27 million users are now paying fees in ETH—demonstrating that everyday users are starting to see ETH as money.”
On June 26, 2026, Bitmine was added to the Russell 1000 Large-cap Index during its annual reconstitution. Chairman Lee noted that inclusion is expected to attract hundreds, possibly thousands, of new institutional investors, given that passive funds typically hold 18–20% of index constituents’ shares.
Additionally, on June 10, 2026, Bitmine completed a public offering of 3.5 million shares of its 9.50% Series A Perpetual Preferred Stock (NYSE: BMNP) at $80.00 per share, raising net proceeds of approximately $273.8 million. Dividends on BMNP are scheduled for weekly payment, subject to governing terms.
Bitmine remains backed by prominent institutional investors, including ARK Invest’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, Digital Currency Group (DCG), Galaxy Digital, and Tom Lee himself.
The Company currently ranks as the world’s largest Ethereum treasury and the second-largest global crypto treasury overall, trailing only Strategy Inc., which holds 843,775 BTC valued at roughly $54 billion. Bitmine’s common stock (BMNR) is among the most actively traded U.S. equities, with a 5-day average daily dollar volume of $475 million as of July 10, 2026, ranking #215 among 5,704 listed stocks.
Management views recent regulatory developments—including the GENIUS Act and the SEC’s Project Crypto—as potentially transformative for financial services, comparing their significance to the U.S. abandonment of the gold standard on August 15, 1971.
For more information, investors can access the latest Chairman’s Message at https://www.Bitminetech.io/chairmans-message and corporate presentations at https://Bitminetech.io/investor-relations/.
Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, expectations regarding ETH acquisition, staking yields, market adoption, regulatory impacts, and institutional investor growth. Actual results may differ materially due to risks related to market volatility, technological change, regulation, and macroeconomic conditions. Please refer to Bitmine’s filings with the SEC, including its Form 10-K filed November 21, 2025, for detailed risk factors.