Bitmine Immersion Technologies (BMNR) issued an operational update highlighting its total holdings of crypto, cash, and strategic investments have reached $12.6 billion. The company's Ethereum (ETH) holdings now total 5.28 million tokens, which represents over 4.37% of the total ETH supply.

Key Details

  • Total Holdings (as of May 17, 2026): $12.6 billion, comprised of 5.28 million ETH, 202 BTC, $685 million in cash, and $283 million in other investments.
  • ETH Staking Operations: The company has 4.71 million ETH staked (valued at $10.3 billion), generating approximately $289 million in annualized revenue.
  • Strategic Goal & Recent Activity: BMNR is pursuing a strategy to acquire 5% of the total ETH supply and recently purchased an additional 71,672 ETH. The company also uplisted to the New York Stock Exchange on April 9, 2026.