other material
confidence high
sentiment neutral
materiality 0.75
Bitmine reports 4.371M ETH holdings ($8.7B), $9.6B total crypto+cash; staking yields $176M annually
BITMINE IMMERSION TECHNOLOGIES, INC.
- 4,371,497 ETH (3.62% of supply) plus 193 BTC; total crypto + cash + moonshots = $9.6B.
- Staked 3,040,483 ETH (69% of holdings); annualized staking revenue $176M; 7-day yield 2.89%.
- Closed $200M investment in Beast Industries; cash balance $670M; no debt.
- BMNR avg daily dollar volume $0.9B (#158 in US); 90% of crypto DAT trading volume.
- Acquired 45,759 ETH in past week; targeting 5% of ETH supply; MAVAN staking on track Q1 2026.