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

Thomas "Tom" Lee, Chairman of Bitmine

“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

“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

“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

“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

“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

“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),”