Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.39 Million Tokens, and Total Crypto and Total Cash Holdings of $12.3 Billion
, May 26, 2026 /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. 3 billion. The Company recently announced its uplisting to the New York Stock Exchange ("NYSE") from the NYSE American on April 9, 2026.
" As of May 25, 2026 at 1:00pm ET, the Company's crypto holdings are comprised of 5,390,404 ETH at $2,134 per ETH (Coinbase NASDAQ: COIN), 203 Bitcoin (BTC), $200 million stake in Beast Industries, $95 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $444 million. 7 million ETH). On May 11, 2026, Bitmine released the latest Chairman's Message ( link here ) for May 2026.
"We continue to expect a supercycle ahead for crypto and Ethereum, driven by the dual drivers of Wall Street tokenization and agentic-AI. 4 million ETH tokens," stated Thomas "Tom" Lee, Chairman of Bitmine. "Over the past week, we acquired 111,942 ETH.
We view the recent pullback of ETH to below $2,200 as an attractive opportunity. Bitmine is expected to reach the 'alchemy of 5%' sometime in 2026," stated Lee. Bitmine recently launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform.
While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform. 1 billion at $2,134 per ETH).
"Bitmine has staked more ETH than other entities in the world. 75% 7-day BMNR yield)," stated Lee. "Annualized staking revenues are now $276 million.
39 million ETH held by Bitmine. 75% (annualized)," continued Lee. Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc.
1 billion. Bitmine remains the largest ETH treasury in the world. Bitmine is one of the most widely traded stocks in the US.
com and Fundstrat research). The GENIUS Act and Securities and Exchange Commission's (the "SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today.
These proved to be better investments than gold. io/contact-us/ About Bitmine Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants.
Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026. " The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties.
This document specifically contains forward-looking statements regarding: (i) progress and achievement of the Company's goals regarding ETH acquisition, including the 'Alchemy of 5%' initiative and the expectation that Bitmine will reach this goal in 2026; (ii) the Company's expectations regarding the cryptocurrency market, including the expectation of a supercycle ahead for crypto and Ethereum driven by Wall Street tokenization and agentic AI; (iii) continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company; (iv) the Company's digital asset accumulation strategy and staking operations, including MAVAN, its expansion to serve institutional investors, custodians, and ecosystem partners, and projected annual staking revenues and rewards of $276 million; (v) statements regarding the benefits of Wall Street tokenization on the blockchain and agentic AI systems increasingly needing public and neutral blockchains; (vi) expectations regarding the potential impact of regulatory developments, including the GENIUS Act and SEC Project Crypto, on financial services and digital assets; and (vii) the Company's characterization of market conditions as an attractive opportunity for ETH acquisition.
In evaluating these forward-looking statements, you should consider various factors, including: Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations, and proposed future business; the competitive environment of Bitmine's business; market conditions affecting the trading price of the Company's common stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; and the future value of Bitcoin and Ethereum.
Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time.
gov . Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Disclaimer: This is a sponsored press release and is for informational purposes only.
It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
