other material
confidence high
sentiment positive
materiality 0.85
Bitmine holds 4.875M ETH (4.04% supply), total crypto & cash $11.8B, staking revenue $212M annualized
BITMINE IMMERSION TECHNOLOGIES, INC.
- ETH holdings of 4,874,858 tokens (4.04% of total ETH supply) valued at ~$10.75B as of Apr 12, 2026.
- Total crypto, cash, and 'moonshots' (Beast Industries, ORBS stake) total $11.8B, including $719M cash.
- Staked 3,334,637 ETH ($7.4B) generating $212M annualized staking revenue; projected $310M when fully staked.
- Uplisted to NYSE from NYSE American on April 9, 2026; average daily dollar volume $747M (rank #117).
- Chairman Tom Lee cites war tailwinds for ETH; notes ETH outperforming S&P by 1830 bps since war start.