other_material
confidence high
sentiment positive
materiality 0.75
Bitmine reports ETH holdings of 5.28M tokens, total crypto+cash holdings of $12.6B
BITMINE IMMERSION TECHNOLOGIES, INC.
- Holds 5,278,462 ETH (4.37% of total ETH supply), valued at $11.6B at $2,191/ETH.
- Total crypto + cash + 'moonshots' (incl. $200M Beast Industries, $83M ORBS) = $12.6B.
- Has staked 4,712,917 ETH ($10.3B) on MAVAN platform, earning 2.80% annualized yield ($289M annual staking revenue).
- Uplisted to NYSE from NYSE American on April 9, 2026, trades under BMNR with avg daily volume $857M.
- Chairman Tom Lee notes CLARITY Act passed Senate Banking Committee; expects to reach 5% of ETH supply in 2026.
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