Bitmine Immersion Announces Ownership of 4.875 Million ETH Tokens and Total Crypto Holdings and Cash of $11.8 Billion
Bitmine currently holds more than 4% of the ETH token supply, valued at $10.75 billion. Bitmine is nearing 81% progress towards its ‘Alchemy 5%’ goal in just nine months. Bitmine uplisted to the New York Stock Exchange (“NYSE”) from NYSE American on 9 April 2026. Bitmine has 3,334,637 ETH staked, representing $7.4 billion at $2,206 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. Bitmine holds $85 million in Eightco shares (NASDAQ: ORBS), 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 $11.8 billion, including 4.875 million ETH tokens, $719 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 shares. Bitmine is the 117th most traded stock in the US, with daily trading volume of $747 million (five-day average). Bitmine remains supported by a key group of institutional investors including 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: BMNR) Bitmine Immersion Technologies (“Bitmine” or “the Company”) is a Bitcoin and Ethereum Network company focused on long-term crypto accumulation. Today, Bitmine announced its crypto holdings + total cash + “moonshots” at $11.8 billion. Recently, Bitmine announced its uplisting to the New York Stock Exchange (“NYSE”) from NYSE American on 9 April 2026. Bitmine’s common shares continue to trade under the symbol “BMNR”. As of 12 April 2026 at 15:30 ET, Bitmine’s crypto holdings consist of 4,874,858 ETH at $2,206 per ETH, 198 Bitcoin (BTC), $200 million in Beast Industries shares, $85 million in Eightco Holdings (NASDAQ: ORBS) shares (“moonshots”), and $719 million in cash. Bitmine’s ETH holdings represent 4.04% of the ETH supply (120.7 million ETH). “The Iran war enters its seventh week and remains the most important driver in the global market. ETH is the best-performing asset since the war broke out, up 17.4% and outperforming the S&P 500 by 1,830 basis points. We are confident that ETH’s superiority over gold by 2,743 basis points shows that ETH is a store of value in wartime,” said Thomas “Tom” Lee, Chairman of Bitmine. “Ethereum continues to benefit from two main drivers: tokenisation on blockchain by Wall Street and AI agent systems that increasingly require neutral public blockchains,” said Lee. “Bitmine has maintained its pace of ETH purchases over the past four weeks, as our base case is that ETH is in the late stages of a ‘short crypto market winter’. In the past week, we acquired 71,524 ETH, which is the highest purchase rate since the week of 22 December 2025,” said Lee. Bitmine announced the official launch of MAVAN (Made in American 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. On 13 April 2026, Bitmine’s total staked ETH reached 3,334,637 ($7.4 billion at $2,206 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 estimated ETH staking rewards are $310 million per year (using BMNR’s 7-day yield of 2.89%),” said Lee. “Current annual staking income reaches $212 million. These 3.3 million ETH represent about 68% of the 4.87 million ETH owned by Bitmine. CESR (Composite Ethereum Staking Rate, managed by Quatrefoil) is 2.73%, while Bitmine’s staking operations yield 2.89% (annualised) over 7 days,” said Lee. Bitmine’s crypto holdings rank as the No. 1 Ethereum treasury and the global No. 2 treasury after Strategy Inc. (NASDAQ: MSTR), which reportedly holds 766,970 BTC worth $54.5 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 $747 million (five-day average, as of 10 April 2026), ranking 117th in the US after Intuitive Surgical (rank 116) and above Applied Digital (rank 118) 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 triggered Wall Street modernisation, creating iconic Wall Street giants and the current financial and payment rails. It has proven to be a better investment than gold. About Bitmine: Bitmine (NYSE: BMNR) is a Bitcoin miner operating in the US. Bitmine uses its excess capital to become the world’s leading Ethereum Treasury company, implementing an accumulation strategy.