Bitmine Immersion Technologies (NYSE AMERICAN: BMNR) has announced a significant milestone, revealing that its total crypto and cash holdings have reached an impressive $9.9 billion as of March 1, 2026. This robust portfolio includes 4.474 million ETH tokens, valued at approximately $1,976 per token, alongside additional assets.
Within its holdings, Bitmine has staked 3,040,483 ETH, equating to around $6.0 billion. The company remains focused on its Ethereum treasury strategy, aiming to acquire 5% of the total ETH supply, which currently stands at 120.7 million tokens. This acquisition represents a strategic move during a period characterized by heightened geopolitical uncertainty, particularly following the initiation of U.S. military operations against Iran.
According to Chairman Thomas “Tom” Lee, Bitmine has recently added 50,928 ETH to its treasury, capitalizing on what it perceives as an attractive buying opportunity amid current market conditions. “In our view, the price of ETH is not reflective of its utility and future financial role,” Lee stated.
Bitmine”s staked ETH positions it as a leader in the sector, with staking rewards projected to generate approximately $253 million annually at scale. As of the latest report, Bitmine”s annualized staking revenues have reached $172 million, indicating robust performance in its staking operations.
The firm also holds a stake in Beast Industries valued at $200 million, along with a $14 million investment in Eightco Holdings (NASDAQ: ORBS), further diversifying its asset portfolio. This diversification strategy underscores Bitmine”s commitment to remaining at the forefront of the digital asset investment landscape.
Moreover, Bitmine”s stock has emerged as one of the most actively traded in the U.S., averaging $0.8 billion in daily trading volume, ranking it as the 145th most traded stock among over 5,700 U.S. equities.
With backing from notable institutional investors such as Cathie Wood of ARK Invest and firms like Kraken, Galaxy Digital, and Pantera Capital, Bitmine is well-positioned to execute its ambitious objectives in the evolving crypto landscape.
The upcoming launch of Bitmine”s staking solution, the Made in America VAlidator Network (MAVAN), is anticipated in early 2026, promising to enhance its staking capabilities and overall operational efficiency.
For further updates and insights, interested parties can explore Bitmine”s official communications and investor relations through their website.
