other material
confidence high
sentiment positive
materiality 0.90
Bitmine ETH holdings reach 5.67M tokens; total crypto+cash+securities $10.7B; declares preferred dividends
BITMINE IMMERSION TECHNOLOGIES, INC.
- ETH holdings: 5,672,956 tokens (4.7% of total ETH supply of 120.7M).
- Total crypto + cash & marketable securities + 'moonshots' = $10.7B, including $601M cash.
- 4,718,677 ETH staked ($8.2B at $1,733/ETH); annualized staking revenue projected at $223M.
- Series A Preferred Stock (BMNP) declared seven weekly dividends of $0.1847 per share, starting Jul 17, 2026.
- Recent Series A Preferred Stock offering closed Jun 10, 2026, raising net proceeds ~$273.8M.