BitMine Immersion Technologies

BMNR

Market cap $8.9B

The "treasury" crypto company reported, hardly for the first time, an increase in its top holding. It's now in possession of more than $9 billion worth of Ethereum.

Bitmine has 3,040,483 staked ETH, representing $6.0 billion at $1,976 per ETH; MAVAN staking solution on track to launch Q1 2026 Bitmine now owns 3.71% of the ETH token supply, over 74% of the way to the 'Alchemy of 5%' in just 8 months Bitmine recently closed on initial $200 million investment into Beast Industries Bitmine Crypto + Total Cash Holdings + "Moonshots" total $9.9 billion, including 4.474 million ETH tokens, total cash of $868 million, and other crypto holdings Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock Bitmine is the 145th most traded stock in the US, trading $0.8 billion per day (5-day avg) Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH LAS VEGAS, March 2, 2026 /PRNewswire/ -- (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash + "moonshots" holdings totaling $9.9 billion. As of March 1, 2026 at 2:00pm ET, the Company's crypto holdings are comprised of 4,473,587 ETH at $1,976 per ETH (NASDAQ: COIN), 195 Bitcoin (BTC), $200 million stake in Beast Industries, $14 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $868 million.

Bitmine (NASDAQ: BMNR) has quietly become one of the most interesting crypto-related stocks on the board — not because it mines Bitcoin, but because it no longer does. The company made a decisive pivot away from Bitcoin mining and went all-in on Ethereum.

Bitmine has 3,040,483 staked ETH, representing $6.0 billion at $1,958 per ETH; MAVAN staking solution on track to launch Q1 2026 Bitmine now owns 3.66% of the ETH token supply, over 73% of the way to the 'Alchemy of 5%' in just 7 months Bitmine recently closed on initial $200 million investment into Beast Industries Bitmine Crypto + Total Cash Holdings + "Moonshots" total $9.6 billion, including 4.423 million ETH tokens, total cash of $691 million, and other crypto holdings Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock Bitmine is the 165th most traded stock in the US, trading $0.7 billion per day (5-day avg) Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH LAS VEGAS, Feb. 23, 2026 /PRNewswire/ -- (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash + "moonshots" holdings totaling $9.6 billion. As of February 22th, 2026 at 6:00pm ET, the Company's crypto holdings are comprised of 4,422,659 ETH at $1,958 per ETH (NASDAQ: COIN), 193 Bitcoin (BTC), $200 million stake in Beast Industries, $17 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $691 million.

Bitmine Immersion: Ethereum's Biggest Public Whale

If crypto treasuries are forced to sell their holdings, prices will fall even further. Investors may opt for crypto ETFs rather than crypto treasuries.

Bitmine Immersion Technologies Inc (AMEX:BMNR) shares are little changed Monday morning as cryptocurrencies start the week under pressure. Ethereum is trading near $2,030 and Bitcoin fell below $69,000 after nearly $400 million in 24-hour liquidations and fresh outflows from spot Ethereum ETFs.

Bitmine has 2,873,459 staked ETH, representing $6.2 billion at $2,125 per ETH; MAVAN staking solution on track to launch Q1 2026 Bitmine now owns 3.58% of the ETH token supply, over 72% of the way to the 'Alchemy of 5%' in just 6 months Bitmine recently closed on initial $200 million investment into Beast Industries Bitmine Crypto + Total Cash Holdings + "Moonshots" total $10.0 billion, including 4.326 million ETH tokens, total cash of $595 million, and other crypto holdings Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock Bitmine is the 107th most traded stock in the US, trading $1.3 billion per day (5-day avg) Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH LAS VEGAS, Feb. 9, 2026 /PRNewswire/ -- (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash + "moonshots" holdings totaling $10.0 billion. As of February 8th, 2026 at 3:00pm ET, the Company's crypto holdings are comprised of 4,325,738 ETH at $2,125 per ETH (NASDAQ: COIN), 193 Bitcoin (BTC), $200 million stake in Beast Industries, $19 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $595 million.

Crypto stocks, including digital asset treasury (DAT), exchanges, and miners, have plunged this year as Bitcoin and most altcoins imploded. Bitcoin price plunged to $60,000, while most altcoins fell to their multi-year lows.

Tom Lee, Fundstrat, joins 'Closing Bell' to discuss the state of crypto markets, Bitmine's business and much more.