other material
confidence high
sentiment positive
materiality 0.55
Bitmine ETH holdings top 6 million tokens; total crypto, cash and securities reach $17.2 billion
BITMINE IMMERSION TECHNOLOGIES, INC.
- Holds 6,001,302 ETH at $2,698 per ETH, 4.9% of the 122.1M ETH supply, plus 213 BTC, $672M cash and marketable securities, $180M Beast Industries and $115M Eightco stakes.
- Staked ETH totals 5,067,309 ($13.7B, 84% of ETH held); annualized staking revenue projected at $358M, rising to $424M at full scale on a 2.62% 7-day yield.
- Acquired 17,362 ETH in the past week and has bought ETH every week since the ETH Treasury Strategy began June 30, 2025; now 98% of the way to its 'Alchemy of 5%' goal.
- Tom Lee gives the keynote at Korea Blockchain Week on Sept 30, 2026 in Seoul; Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026.
- ETH outperformed the S&P 500 by 6,728bp quarter-to-date in Q3 2026; BMNR averaged $1.1B daily dollar volume (5-day, as of Sept 25), ranked #94 among 5,704 US-listed stocks.