Bitmine Immersion Technologies (BMNR) provided an operational update, announcing total holdings of $11.3 billion as of July 12, 2026. The company's primary reserve asset, Ethereum (ETH), reached 5.77 million tokens, representing 4.8% of the total ETH supply. Additionally, the company disclosed a change in its fiscal year-end.

Key Details

  • Total Holdings: Valued at $11.3 billion, including 5.77 million ETH, 206 BTC, $482 million in cash and marketable securities, and other investments.
  • Staking Operations: Approximately 4.92 million ETH (85% of its holdings) are staked, generating a projected $242 million in annualized revenue.
  • Fiscal Year Change: The company's fiscal year-end will change from August 31 to December 31, effective after the current fiscal year ending August 31, 2026.