other material
confidence high
sentiment positive
materiality 0.85
Bitmine holds 5.77M ETH ($11.3B total crypto/cash); fiscal year changes to Dec 31
BITMINE IMMERSION TECHNOLOGIES, INC.
- ETH holdings of 5,770,038 tokens (4.8% of 120.7M supply); total crypto + cash + moonshots $11.3B.
- Staked ETH 4,917,189 ($9.0B at $1,820/ETH); annualized staking revenue projected at $242M.
- Added to Russell 1000 Large-cap Index on June 26, 2026.
- Closed offering of 3.5M shares of 9.50% Series A Preferred Stock at $80/share, net proceeds ~$273.8M.
- Fiscal year-end changed from August 31 to December 31, effective after current fiscal year ending Aug 31, 2026.