other material
confidence high
sentiment positive
materiality 0.55
Bitmine ETH holdings reach 6.03M tokens; crypto, cash and moonshots total $16.2B
BITMINE IMMERSION TECHNOLOGIES, INC.
- Holds 6,028,946 ETH at $2,544/ETH (4.9% of 122.1M ETH supply), 214 BTC, $180M Beast Industries stake, $85M Eightco (ORBS) stake, $612M cash.
- Staked ETH totals 5,067,309 ($12.9B); projected annualized staking rewards of $400M at full scale vs $336M on 5.1M staked ETH now.
- Acquired 12,532 ETH in the past week; has bought ETH every week since launching its ETH treasury strategy on June 30, 2025.
- 9.5% Series A preferred (BMNP), issued at $80 in June, last closed $99.53, up 24% vs TLT -8%; added to Russell 1000 on June 26, 2026.
- Chairman Tom Lee: Bitmine is the #1 ETH treasury and #2 global treasury behind Strategy's 848,000 BTC (~$77B); cites GENIUS Act, SEC Project Crypto.