Indonesian Political, Business & Finance News

Bitmine Immersion Announces ETH Holdings Reach 4.803 Million Tokens and Total Crypto and Cash Holdings of $11.4 Billion

| Source: ANTARA_ID Translated from Indonesian | Finance
Bitmine Immersion Announces ETH Holdings Reach 4.803 Million Tokens and Total Crypto and Cash Holdings of $11.4 Billion
Image: ANTARA_ID

Bitmine has been approved for uplisting to the New York Stock Exchange (“NYSE”) from NYSE American, effective from the opening of trading on 9 April 2026.

Bitmine holds 3,334,673 ETH staked, representing $7.1 billion at $2,123 per ETH.

MAVAN (Made in America VAlidator Network) is the primary Ethereum staking destination for BMNR and institutional investors, focusing on security, performance, and resilience.

Currently, Bitmine owns 3.98% of the ETH token supply, nearly 79% towards the ‘Alchemy 5%’ in just 9 months.

Bitmine holds ORBS shares worth $92 million, which is now one of the publicly listed stocks in the world providing investors with direct exposure to OpenAI.

Bitmine’s crypto holdings, cash, and “moonshots” total $11.4 billion, including 4.803 million ETH tokens, $864 million in cash, and other crypto holdings.

Bitmine leads other crypto treasuries in the speed of increasing net asset value per share and high trading liquidity of BMNR stock.

Bitmine is the 96th most traded stock in the US, with daily trading value of $987 million (5-day average).

Bitmine continues to be backed by a key group of institutional investors such as Cathie Wood from ARK, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital, and private investor Thomas “Tom” Lee to support Bitmine’s goal of acquiring 5% of ETH.

Norwalk, Conn., (ANTARA/PRNewswire)- (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies (“Bitmine” or “the Company”) is a Bitcoin and Ethereum Network company focused on long-term crypto accumulation. Today, Bitmine announced that its crypto holdings + total cash + Bitmine “moonshots” amount to $11.4 billion.

In addition, Bitmine announced that it has been approved for uplisting to the New York Stock Exchange (“NYSE”) from NYSE American. As a result of the uplisting, the Company’s common stock will cease trading on NYSE American after market close on 8 April 2026 and will begin trading on NYSE from the opening of trading on 9 April 2026. Bitmine’s common stock will continue to trade under the symbol “BMNR”.

As of 5 April 2026 at 20:30 ET, Bitmine’s crypto holdings consist of 4,803,334 ETH at $2,123 per ETH (NASDAQ: COIN), 198 Bitcoin (BTC), $200 million in shares of Beast Industries, $92 million in shares of Eightco Holdings (NASDAQ: ORBS) (“moonshots”), and $864 million in cash. Bitmine’s ETH holdings represent 3.98% of the ETH supply (120.7 million ETH).

“The Iran war enters its sixth week and remains the most important driver in the global market. ETH remains the second-best performing asset since the war broke out, up 6.8% and outperforming the S&P 500 by 1,130 basis points. ETH outperforms gold by 1,840 basis points, showing that ETH is a store of value during wartime. Currently, the Iran war is impacting risk markets more than global central banks,” said Thomas “Tom” Lee, Chairman of Bitmine.

“The Iran war is pressuring global markets, so it’s impressive that one of the few stocks is rising in absolute terms.” This is a good sign, as we expect ETH’s leadership to strengthen investor confidence and ultimately shift idle cash into investments,” Lee continued. “Ethereum continues to benefit from two main drivers: tokenisation on blockchain by Wall Street and AI agent systems that increasingly require neutral public blockchains.”

“Bitmine has maintained its ETH buying pace over the last four weeks, as our base case is that ETH is in the late stages of a ‘short crypto winter’. In the last week, we acquired 71,252 ETH, which is the highest buying rate since the week of 22 December 2025,” said Lee.

Bitmine announced the official launch of MAVAN (Made in America VAlidator Network), an institutional-grade staking platform. Although initially developed to support Bitmine’s Ethereum treasury, MAVAN will be expanded to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. Some of Bitmine’s ETH is already staked on the MAVAN platform.

As of 6 April 2026, Bitmine’s total staked ETH shares reached 3,334,637 ($7.1 billion at $2,123 per ETH). “Bitmine has staked more ETH than any other entity in the world. On a large scale (after all of Bitmine’s ETH is staked by MAVAN and its staking partners), the ETH staking rewards are $282 million per year (using BMNR’s 7-day yield of 2.78%),” said Lee.

“Current annual staking income reaches $196 million. These 3.3 million ETH are about 69% of the 4.8 million ETH owned by Bitmine. CESR (Composite Ethereum Staking Rate, managed by Quatrefoil) is 2.74%, while Bitmine’s staking operations yield 2.78% (annualised) over 7 days,” said Lee.

Bitmine’s crypto holdings rank as the No. 1 Ethereum treasury and No. 2 global treasury after Strategy Inc. (NASDAQ: MSTR), which holds 762,099 BTC worth $51 billion. Bitmine remains the largest ETH treasury in the world.

Bitmine is one of the most traded stocks in the US. According to Fundstrat data, the stock has traded with an average daily dollar volume of $987 million (4-day average, as of 2 April 2026), ranking 96th in the US after Schlumberger (95th) and above Adobe (97th) among 5,704 stocks listed in the US (statista.com and Fundstrat research).

The GENIUS Act and Project Crypto Securities and Exchange Commission (“SEC”) are transforming financial services in 2025 as the US actions on 15 August 1971 ended Bretton Woods and the 54-year USD gold standard. This 1971 event sparked Wall Street modernisation, creating Wall Street giants that

View JSON | Print