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    "success": true,
    "data": {
        "id": 1705332,
        "msgid": "bitmine-immersion-technologies-announces-ownership-of-5-078-million-eth-tokens-and-total-crypto-and-cash-1777355517",
        "date": "2026-04-28 11:31:25",
        "title": "Bitmine Immersion Technologies Announces Ownership of 5.078 Million ETH Tokens and Total Crypto and Cash Holdings of $13.3 Billion",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Finance",
        "summary": "Bitmine Immersion Technologies has announced that its total crypto, cash, and \"moonshot\" investments now stand at $13.3 billion, including over 5 million ETH tokens valued at $12.07 billion, representing more than 4.21% of the total ETH supply. The company, which uplisted to the New York Stock Exchange in April 2026, has staked 3.7 million ETH generating significant annual yields and leads global Ethereum treasuries in accumulation speed and trading liquidity. This milestone underscores Ethereum's growing role as a store of value amid geopolitical tensions and advancements in tokenisation and AI-driven blockchain applications, positioning Bitmine as a key player in institutional crypto adoption.",
        "content": "<p>Bitmine holds more than 4.21% of the ETH token supply, worth $120.7\nmillion. Bitmine has nearly reached 84% towards the \u2018Alchemy 5%\u2019 goal in\njust 10 months. Ethereum continues to benefit from two main driving\nfactors: tokenisation on blockchain by Wall Street and AI agent systems\nthat increasingly require a neutral public blockchain.<\/p>\n<p>Bitmine has uplisted to the New York Stock Exchange (\u201cNYSE\u201d) from\nNYSE American since 9 April 2026. Bitmine holds 3,701,589 staked ETH,\nrepresenting $8.8 billion at $2,369 per ETH.<\/p>\n<p>MAVAN (Made in America Validator Network) is the primary Ethereum\nstaking destination for BMNR and institutional investors, focusing on\nsecurity, performance, and resilience.<\/p>\n<p>Bitmine holds shares in Eightco (NASDAQ: ORBS) worth $91 million,\nwhich is now one of the publicly listed stocks in the world providing\ninvestors with direct exposure to OpenAI.<\/p>\n<p>Bitmine\u2019s crypto ownership, cash, and \u201cmoonshots\u201d total $13.3\nbillion, including 5.078 million ETH tokens, $940 million in cash, and\nother crypto holdings.<\/p>\n<p>Bitmine leads other crypto treasuries in terms of the speed of\nincreasing net asset value per share and high trading liquidity of BMNR\nshares.<\/p>\n<p>Bitmine is the 129th most traded stock in the US, with daily trading\nvolume of $845 million (5-day average).<\/p>\n<p>Bitmine remains supported by a key group of institutional investors\nsuch as Cathie Wood from ARK, MOZAYYX, Founders Fund, Bill Miller III,\nPantera, Kraken, DCG, Galaxy Digital, and private investor Thomas \u201cTom\u201d\nLee to support Bitmine\u2019s goal of acquiring 5% of ETH.<\/p>\n<p>Norwalk, Conn., (ANTARA\/PRNewswire) - (NYSE:BMNR) Bitmine Immersion\nTechnologies (\u201cBitmine\u201d or \u201cthe Company\u201d) is a Bitcoin and Ethereum\nNetwork company focused on long-term crypto accumulation. Today, Bitmine\nannounced its crypto ownership plus total cash plus \u201cmoonshots\u201d at $13.3\nbillion.<\/p>\n<p>Recently, Bitmine announced its uplisting to the New York Stock\nExchange (\u201cNYSE\u201d) from NYSE American on 9 April 2026. Bitmine\u2019s common\nshares continue to trade under the symbol \u201cBMNR\u201d.<\/p>\n<p>As of 26 April 2026 at 4:00 PM ET, Bitmine\u2019s crypto holdings consist\nof 5,078,386 ETH at $2,369 per ETH (NASDAQ: COIN), 200 Bitcoin (BTC),\n$200 million in shares of Beast Industries, $91 million in shares of\nEightco Holdings (NASDAQ: ORBS) (\u201cmoonshots\u201d), and total cash of $940\nmillion. Bitmine\u2019s ETH ownership is 4.21% of the ETH supply (120.7\nmillion ETH).<\/p>\n<p>\u201cBitmine\u2019s ETH ownership surpassed 5 million in the past week,\u201d said\nThomas \u201cTom\u201d Lee, Chairman of Bitmine. \u201cThis is a significant\nachievement as the Company works towards obtaining 5% of the ETH supply.\nThe speed of this accumulation is astonishing, taking only 10 months to\nreach 5 million.\u201d<\/p>\n<p>\u201cRecent research reports, including the latest from Etherealize,\nargue that ETH is a \u2018store of value\u2019 and will be used as collateral as\ndigital assets are increasingly used in financial transactions. This new\nrole for ETH has been proven by its outstanding performance since the\nIran War began. ETH has outperformed the S&amp;P 500 by 1,696 basis\npoints since the war started and remains the best-performing asset in\nthe world (aside from crude oil prices),\u201d said Lee.<\/p>\n<p>\u201cIn addition, Ethereum continues to benefit from two main driving\nfactors: tokenisation on blockchain by Wall Street and AI agent systems\nthat increasingly require a neutral public blockchain. We believe there\nis much significance in ETH becoming the \u2018best wartime store of value\u2019\nand the leading asset since the war began,\u201d said Lee.<\/p>\n<p>\u201cBitmine has maintained its ETH purchase rate over the past four\nweeks, as our base case is that ETH is in the late stage of a \u2018short\ncrypto winter\u2019. In the past week, we acquired 101,901 ETH, which is the\nhighest purchase rate since the week of 15 December 2025,\u201d said Lee.<\/p>\n<p>Recently, Bitmine launched MAVAN (Made in American VAlidator\nNetwork), an institutional-grade staking platform. Although initially\ndeveloped to support Bitmine\u2019s Ethereum treasury, MAVAN will be expanded\nto serve institutional investors, custodians, and ecosystem partners\nseeking best-in-class staking infrastructure. Some of Bitmine\u2019s ETH is\nalready staked on the MAVAN platform.<\/p>\n<p>As of 26 April 2026, Bitmine\u2019s total staked ETH shares reached\n3,701,589 ($8.8 billion at $2,369 per ETH). \u201cBitmine has staked more ETH\nthan any other entity in the world. On a large scale (after all of\nBitmine\u2019s ETH is staked by MAVAN and its staking partners), the\nestimated ETH staking rewards are $363 million per year (using BMNR\u2019s\n7-day yield of 3.033%),\u201d said Lee.<\/p>\n<p>\u201cCurrently, annual staking income reaches $264 million. These 3.7\nmillion ETH represent about 73% of the 5.08 million ETH owned by\nBitmine. CESR (Composite Ethereum Staking Rate, managed by Quatrefoil)\nis 3.028%, while Bitmine\u2019s staking operations yield 3.033% (annual) over\n7 days,\u201d said Lee.<\/p>\n<p>Bitmine\u2019s crypto ownership ranks as the No.\u00a01 Ethereum treasury and\nthe global No.\u00a02 treasury after Strategy Inc.\u00a0(NASDAQ: MSTR), which\nreportedly holds 780,897 BTC worth $58.2 billion. Bitmine remains the\nlargest ETH treasury in the world.<\/p>\n<p>Bitmine is one of the most traded stocks in the US. According to\nFundstrat data, the stock has traded with an average daily dollar volume\nof $845 million (5-day average, as of 24 April 2026), ranking 129th in\nthe US after Nike Inc (rank 128) and above Comfort Systems USA (rank\n130) among 5,704 stocks listed in the US (statista.com and Fundstrat\nresearch).<\/p>\n<p>The GENIUS Act and Project Crypto Securities and Exchange Commission\n(\u201cSEC\u201d) are transforming financial services in 2025, much like the US\nactions on 15 August 1971, which ended Bretton Woods.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bitmine-immersion-technologies-announces-ownership-of-5-078-million-eth-tokens-and-total-crypto-and-cash-1777355517",
        "image": ""
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    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
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