Bitmine Immersion Technologies provided an operational update, announcing its total crypto, cash, and investment holdings have reached $13.1 billion as of May 3, 2026. The company's core treasury asset, Ethereum (ETH), now totals 5.18 million tokens, representing over 4.29% of the total ETH supply.
Key Details
- Total Holdings Breakdown: The $13.1 billion in holdings consists of 5.18 million ETH, 200 Bitcoin (BTC), $700 million in cash, and other investments valued at $283 million.
- ETH Staking Operations: The company has staked 4.36 million ETH (valued at $10.2 billion), which is generating $297 million in annualized staking revenue through its MAVAN platform.
- Recent Activity: Bitmine acquired 101,745 ETH in the past week as part of its ongoing accumulation strategy. The company also recently uplisted its stock to the New York Stock Exchange (NYSE) on April 9, 2026.