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materiality 0.75
Bitmine announces ETH holdings of 4.976M tokens; total crypto + cash $12.9B
BITMINE IMMERSION TECHNOLOGIES, INC.
- Holds 4,976,485 ETH (4.12% of total supply) plus 199 BTC; total crypto + cash $12.9B.
- Staked ETH totals 3,334,637 tokens (~$7.7B at $2,301/ETH); annualized staking revenue $221M.
- Cash holdings $1.12B; also holds $200M in Beast Industries and $107M in Eightco (ORBS).
- Uplisted to NYSE from NYSE American effective April 9, 2026; trades under BMNR.
- Chairman Tom Lee states company acquired 101,627 ETH in past week at highest pace since Dec 2025.