Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.02 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $17.4 Billion
PR Newswire•05/10/2026•08:30 ET
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Key Highlights
- ➤Bitmine (BMNR) crypto, cash and marketable securities holdings total $17.4 billion
- ➤ETH holdings reach 6.02 million tokens, representing 4.9% of total ETH supply
- ➤Bitmine acquired 15,112 ETH over the past week, continuing weekly purchases since June 30, 2025
- ➤5.1 million ETH staked, with projected annualized staking revenues of $363 million
- ➤Bitmine owns $180 million of Beast Industries and $117 million of Eightco Holdings (ORBS)
Expert Statements
Thomas "Tom" Lee, Chairman of Bitmine Immersion Technologies
“We believe that as crypto enters a cycle we view as a bull market, what is notable is Bitmine's share price outperformance of ETH during the bear market of 2025-2026. In the first 9 months of 2026, ETH declined 10% while BMNR was down by 3%, or outperformance of 731bp”
Thomas "Tom" Lee, Chairman of Bitmine Immersion Technologies
“In our view, BMNR's share performance reflects the Company's commitment to optimize shareholder return. And we accomplished this via many actions including executing the largest ever crypto treasury equity buyback, acquiring 21 million shares in 2026 alone,”
Thomas "Tom" Lee, Chairman of Bitmine Immersion Technologies
“The outperformance of ETH by 6,832bp relative to the S&P 500 in 3Q26 is notable considering the substantial macro headwinds that emerged in the quarter including a 'hawkish' Fed, surging oil, rise in global bond yields and general tightening of financial conditions. Quarter to date, ETH is outperforming by 6,832bp, dwarfing other macro assets,”
Thomas "Tom" Lee, Chairman of Bitmine Immersion Technologies
“Over the past week, we acquired 15,112 ETH. Bitmine's track record of consistent buying of crypto is unmatched by any public company in the world. Bitmine has bought ETH each and every week since the inception of the ETH Treasury Strategy on June 30, 2025,”
Thomas "Tom" Lee, Chairman of Bitmine Immersion Technologies
“Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward would be $431 million on an annualized basis (using 2.63% 7-day BMNR yield),”
Thomas "Tom" Lee, Chairman of Bitmine Immersion Technologies
“Annualized staking revenues are now projected at $363 million. And this 5.1 million ETH is 84% of the 6.02 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.63% (annualized),”
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.02 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $17.4 Billion PR Newswire
Bitmine owns 4.9% of the total ETH coin supply of 122.1 million
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