Bitmine Immersion Technologies Announces Ownership of 5.078 Million ETH Tokens and Total Crypto and Cash Holdings of $13.3 Billion
Bitmine holds more than 4.21% of the ETH token supply, worth $120.7 million. Bitmine has nearly reached 84% towards the ‘Alchemy 5%’ goal in just 10 months. Ethereum continues to benefit from two main driving factors: tokenisation on blockchain by Wall Street and AI agent systems that increasingly require a neutral public blockchain.
Bitmine has uplisted to the New York Stock Exchange (“NYSE”) from NYSE American since 9 April 2026. Bitmine holds 3,701,589 staked ETH, representing $8.8 billion at $2,369 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 shares in Eightco (NASDAQ: ORBS) worth $91 million, which is now one of the publicly listed stocks in the world providing investors with direct exposure to OpenAI.
Bitmine’s crypto ownership, cash, and “moonshots” total $13.3 billion, including 5.078 million ETH tokens, $940 million in cash, and other crypto holdings.
Bitmine leads other crypto treasuries in terms of the speed of increasing net asset value per share and high trading liquidity of BMNR shares.
Bitmine is the 129th most traded stock in the US, with daily trading volume of $845 million (5-day average).
Bitmine remains supported 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: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 ownership plus total cash plus “moonshots” at $13.3 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 26 April 2026 at 4:00 PM ET, Bitmine’s crypto holdings consist of 5,078,386 ETH at $2,369 per ETH (NASDAQ: COIN), 200 Bitcoin (BTC), $200 million in shares of Beast Industries, $91 million in shares of Eightco Holdings (NASDAQ: ORBS) (“moonshots”), and total cash of $940 million. Bitmine’s ETH ownership is 4.21% of the ETH supply (120.7 million ETH).
“Bitmine’s ETH ownership surpassed 5 million in the past week,” said Thomas “Tom” Lee, Chairman of Bitmine. “This is a significant achievement as the Company works towards obtaining 5% of the ETH supply. The speed of this accumulation is astonishing, taking only 10 months to reach 5 million.”
“Recent research reports, including the latest from Etherealize, argue that ETH is a ‘store of value’ and will be used as collateral as digital assets are increasingly used in financial transactions. This new role for ETH has been proven by its outstanding performance since the Iran War began. ETH has outperformed the S&P 500 by 1,696 basis points since the war started and remains the best-performing asset in the world (aside from crude oil prices),” said Lee.
“In addition, Ethereum continues to benefit from two main driving factors: tokenisation on blockchain by Wall Street and AI agent systems that increasingly require a neutral public blockchain. We believe there is much significance in ETH becoming the ‘best wartime store of value’ and the leading asset since the war began,” said Lee.
“Bitmine has maintained its ETH purchase rate over the past four weeks, as our base case is that ETH is in the late stage of a ‘short crypto winter’. In the past week, we acquired 101,901 ETH, which is the highest purchase rate since the week of 15 December 2025,” said Lee.
Recently, Bitmine launched 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.
As of 26 April 2026, Bitmine’s total staked ETH shares reached 3,701,589 ($8.8 billion at $2,369 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 $363 million per year (using BMNR’s 7-day yield of 3.033%),” said Lee.
“Currently, annual staking income reaches $264 million. These 3.7 million ETH represent about 73% of the 5.08 million ETH owned by Bitmine. CESR (Composite Ethereum Staking Rate, managed by Quatrefoil) is 3.028%, while Bitmine’s staking operations yield 3.033% (annual) over 7 days,” said Lee.
Bitmine’s crypto ownership ranks as the No. 1 Ethereum treasury and the global No. 2 treasury after Strategy Inc. (NASDAQ: MSTR), which reportedly holds 780,897 BTC worth $58.2 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 $845 million (5-day average, as of 24 April 2026), ranking 129th in the US after Nike Inc (rank 128) and above Comfort Systems USA (rank 130) 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, much like the US actions on 15 August 1971, which ended Bretton Woods.