other material
confidence high
sentiment positive
materiality 0.80
Bitmine ETH holdings hit 5.98M tokens; total crypto+cash $17.1B
BITMINE IMMERSION TECHNOLOGIES, INC.
- ETH holdings 5,983,940 tokens (4.9% of 122.1M supply) at $2,688/ETH; cash & marketable securities $714M.
- Staked ETH 5,067,309 ($13.6B); annualized staking revenues projected $357M, rewards $421M (2.62% yield).
- Acquired 27,562 ETH in the past week; has bought ETH every week since June 30, 2025.
- Owns 212 BTC, $180M stake in Beast Industries, $105M in Eightco (ORBS); largest ETH treasury, #2 global treasury.
- Tom Lee, Chairman, sees ETH bull market; keynote at Korea Blockchain Week on Sept 30.