Bitmine Immersion Technologies, Inc. (NYSE AMERICAN: BMNR) has disclosed that its total crypto and cash assets have reached a staggering $9.9 billion. This announcement, made on March 2, 2026, emphasizes the company”s substantial holdings in Ethereum (ETH), which now stand at 4.474 million tokens.
As of March 1, 2026, Bitmine”s crypto portfolio includes 4,473,587 ETH, valued at approximately $1,976 per token, alongside 195 Bitcoin (BTC). Additionally, the company has secured a $200 million investment in Beast Industries and holds a $14 million stake in Eightco Holdings (NASDAQ: ORBS), contributing to its impressive asset total.
Bitmine”s ETH holdings now account for 3.71% of the total ETH supply, positioning the company over 74% of the way toward its ambitious goal of acquiring 5% of the entire ETH market. The company”s rapid accumulation of ETH is notable, having acquired 50,928 tokens within the past week alone.
Chairman Thomas “Tom” Lee articulated that Bitmine continues to execute its Ethereum treasury strategy amidst prevailing geopolitical uncertainties, particularly given recent U.S. military actions. Lee believes the current pullback in ETH pricing presents a prime opportunity, citing strong underlying fundamentals that support the digital asset”s future.
Bitmine has also staked a total of 3,040,483 ETH, translating to a market value of $6 billion. The company leads the industry in ETH staking, with anticipated annual staking rewards of $253 million once its staking solution, known as The Made in America VAlidator Network (MAVAN), is fully operational in early 2026. Currently, Bitmine”s staking operations yield an annualized revenue of $172 million.
In terms of market activity, Bitmine is recognized as one of the most actively traded stocks in the U.S., with an average daily trading volume of $0.8 billion, ranking it 145th among more than 5,700 U.S.-listed stocks. The company has attracted significant interest from institutional investors, including notable names such as Cathie Wood of ARK, Bill Miller III, and Pantera.
Bitmine”s strategic vision is clear: it aims to become the leading Ethereum treasury globally by leveraging its unique digital asset strategy. The forthcoming MAVAN staking infrastructure promises to deliver a best-in-class solution that will enhance the company”s staking capabilities and overall asset management.
For more detailed insights, visit Bitmine”s official resources at Chairman”s Message and their Investor Relations page.
