Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.42 Million Tokens, and Total Crypto and Total Cash Holdings of $11.6 Billion

In our view, ETH prices are not reflecting the strengthening of Ethereum fundamentals, but then again, this is not surprising given we are in the early stages of crypto spring. Bitmine is expected to reach the 'alchemy of 5%' sometime in 2026," stated Thomas "Tom" Lee, Chairman of Bitmine. 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. 5 billion at $2,003 per ETH).

"Bitmine has staked more ETH than other entities in the world. 73% 7-day BMNR yield)," stated Lee. "Annualized staking revenues are now projected at $258 million.

42 million ETH held by Bitmine. 73% (annualized)," continued Lee. , which reportedly owns 843,738 BTC valued at $62 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).

Bitmine management believes 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 sometime in 2026; (ii) the Company's expectations regarding the cryptocurrency market, including the belief that Ethereum continues to benefit from dual tailwinds of Wall Street tokenization on the blockchain and agentic AI systems increasingly needing public and neutral blockchains; (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 intended expansion to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure, and projected annual staking revenues of $258 million and projected staking rewards of $296 million on an annualized basis (when ETH is fully staked); (v) statements regarding the benefits of Wall Street tokenization on the blockchain and agentic AI systems increasingly needing public and neutral blockchains; (vi) management's belief that the GENIUS Act and SEC Project Crypto are as transformational to financial services as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard; (vii) the Company's characterization of ETH prices as not reflecting the strengthening of Ethereum fundamentals; and (viii) the Company's characterization of market conditions as early stages of crypto spring.

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.