Bitmine Immersion Technologies announced an operational update, reporting total holdings of $9.6 billion as of June 7, 2026. The company's primary strategy is accumulating Ethereum (ETH), with its holdings now reaching 5.54 million tokens, which constitutes 4.59% of the total ETH supply.

Key Details

  • Total Holdings: $9.6 billion, including 5,543,872 ETH, 204 BTC, $247 million in cash, and other investments valued at $268 million.
  • Strategic Goal: The company is now 92% of the way toward its strategic goal of acquiring 5% of the total ETH supply.
  • Staking Operations: Bitmine has 4,718,677 ETH staked (valued at $7.7 billion) and projects annualized staking revenues of $230 million. The company recently launched MAVAN, an institutional-grade staking platform, to support its treasury.