Bitmine Immersion Technologies Announces Ethereum Holdings Surpass 4.3 Million Tokens, Total Crypto and Cash Assets Reach $10 Billion
Las Vegas, February 9, 2026 – Bitmine Immersion Technologies, Inc. (NYSE AMERICAN: BMNR), a leading company focused on Bitcoin and Ethereum network investments, today announced a significant milestone in its cryptocurrency portfolio. Bitmine has reported holding 4.326 million Ethereum (ETH) tokens, contributing to a combined crypto, cash, and strategic investments portfolio valued at $10.0 billion.
Robust Ethereum Holdings and Staking Progress
Within its Ethereum assets, Bitmine currently has 2,873,459 ETH staked, representing approximately $6.2 billion at a recent valuation of $2,125 per ETH. These staking activities generate an annualized revenue stream of approximately $202 million, a substantial increase from $34 million recorded at the beginning of the year. The growth is powered in part by Bitmine’s MAVAN staking solution, which is on track to launch in the first quarter of 2026. Bitmine now owns approximately 3.58% of the total Ethereum token supply, marking rapid progress toward its ambitious goal of acquiring 5% of all ETH tokens—a milestone the company refers to as the “Alchemy of 5%.” Remarkably, Bitmine has moved over 72% of the way to this target within just six months.
Strategic Investments and Capital Position
In addition to cryptocurrency holdings, Bitmine recently completed an initial $200 million investment into Beast Industries, further diversifying its portfolio by extending into promising “moonshot” opportunities alongside its core assets.
The company’s total liquid assets include $595 million in cash and other crypto holdings beyond Ethereum, reinforcing Bitmine’s position as a major institutional player in the crypto investment landscape.
Market Performance and Institutional Backing
Bitmine’s rapid accumulation of crypto net asset value (NAV) per share and its high trading liquidity distinguish it among cryptocurrency treasury peers. BMNR is currently ranked as the 107th most traded stock in the United States, reporting an average daily trading volume of $1.3 billion over a recent five-day period.
This momentum is supported by an elite group of institutional investors, including ARK Investment Management’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera Capital, Kraken, Digital Currency Group (DCG), Galaxy Digital, and prominent investor Thomas "Tom" Lee. Such backing underscores the confidence placed in Bitmine’s strategic initiatives and long-term vision.
Company Outlook
Bitmine remains committed to expanding its Ethereum holdings as part of its long-term investment strategy focused on the continued growth and maturation of blockchain ecosystems. The company highlights the historical resilience of Ethereum, citing eight prior drawdowns of 50% or greater since 2018, each followed by strong “V-bottom” recoveries, underscoring the volatile but opportunistic nature of digital asset investment.
With staking revenues accelerating and innovative blockchain solutions in development, Bitmine is positioning itself to be a dominant and influential force within the crypto investment sector.
For more information, please contact:
Bitmine Immersion Technologies, Inc.
Investor Relations
Phone: 888-776-0942
Email: [Investor Relations contact]
Website: www.bitmine.com
This release includes forward-looking statements that involve risks and uncertainties. Actual results may differ materially from these statements.