Bitmine Immersion Technologies provided a corporate update, announcing its total crypto and cash holdings reached $14.0 billion as of January 11, 2026. The company highlighted its growing Ethereum (ETH) position and urged shareholders to approve an increase in authorized shares at its upcoming annual meeting to support its accumulation strategy.

Key Details

  • Total Holdings: The company's $14.0 billion in holdings consist of 4,167,768 ETH, 193 BTC, $988 million in cash, and a $23 million stake in Eightco Holdings (ORBS).
  • ETH Position: Bitmine now holds 3.45% of the total ETH supply. Of its holdings, 1,256,083 ETH ($3.9 billion) are currently staked.
  • Strategic Initiatives: The company plans to launch its MAVAN (Made in America Validator Network) commercial staking solution in Q1 2026.
  • Shareholder Vote: Bitmine is seeking shareholder approval to increase its authorized shares at the Annual Stockholder Meeting on January 15, 2026, to continue its ETH acquisition strategy.