Bitmine Immersion Technologies (BMNR) provided an operational update, reporting total holdings of $17.1 billion across crypto, cash, and marketable securities as of September 20, 2026. The company has accumulated 5.98 million Ethereum (ETH) tokens, representing 4.9% of the total ETH supply and advancing its strategic goal of acquiring 5% of the cryptocurrency.
Key Details
- Total Holdings Breakdown: The $17.1 billion in assets includes 5.98 million ETH (valued at $2,688 per ETH), 212 BTC, $714 million in cash & marketable securities, a $180M stake in Beast Industries, and a $105M stake in Eightco Holdings.
- Staking Operations: The company has 5.07 million ETH staked (85% of its holdings) through its MAVAN platform, generating projected annualized staking revenues of $357 million based on a 2.62% 7-day yield.
- Strategic Progress: The current holdings place Bitmine at 98% of its stated goal to acquire 5% of the total ETH supply, a strategy it began on June 30, 2025.