other material
confidence high
sentiment positive
materiality 0.80
Bitmine reports ETH holdings of 5.90M tokens; total crypto+cash+securities $15.6B
BITMINE IMMERSION TECHNOLOGIES, INC.
- ETH holdings 5,901,112 tokens (4.9% of supply); acquired 53,501 ETH in past week, 65 straight weeks of buying.
- Total crypto + cash & marketable securities + moonshots = $15.6B; cash & marketable securities $541M; $180M Beast Industries, $81M Eightco (ORBS).
- Staked ETH 5,067,309 ($12.7B at $2,511/ETH); annualized staking revenue projected at $340M, 7-day yield 2.67%.
- Added to Russell 1000 on June 26, 2026; Series A Preferred (BMNP) trading on NYSE.
- Chairman Tom Lee cites CLARITY Act vote, Korean buying, 4-year cycle bottoming as catalysts.