Bitmine Announces $10.4 Billion in Total Holdings, Including 5.62 Million ETH

Bitmine Immersion Technologies (BMNR) provided an operational update, disclosing total holdings of $10.4 billion, comprised of cryptocurrency, cash, and other marketable securities. The company also announced the closing of a preferred stock offering that raised approximately $273.8 million in net proceeds.

Key Details

• Asset Holdings: As of June 14, 2026, the company holds 5,620,754 ETH tokens, representing 4.66% of the total ETH supply, along with $502 million in cash and marketable securities.
• Preferred Stock Offering: On June 10, 2026, Bitmine closed an offering of 3,500,000 shares of its 9.50% Series A Perpetual Preferred Stock, raising net proceeds of approximately $273.8 million. The new shares will trade on the NYSE under the ticker "BMNP" starting June 16, 2026.
• Staking Operations: The company has 4.72 million ETH staked, representing over 83% of its total ETH holdings, with projected annualized staking revenues of approximately $226 million.