Bitmine Announces $11.1B in Total Holdings, Including 5.74 Million ETH Tokens

Bitmine Immersion Technologies (BMNR) provided an operational update, reporting total holdings of $11.1 billion as of June 28, 2026. The company's core strategy focuses on the accumulation of Ethereum (ETH), with its current holdings representing 4.8% of the total ETH supply, nearing its strategic goal of 5%.

Key Details

• Total Holdings: $11.1 billion, comprised of 5.74 million ETH, 206 Bitcoin, $527 million in cash and marketable securities, and other investments.
• ETH Position: The 5.74 million ETH tokens are valued at over $10.3 billion (at $1,800 per ETH) and represent 4.8% of the total circulating supply.
• Staking Operations: As of July 5, 2026, the company has 4.88 million ETH staked (approx. 85% of its holdings), projected to generate $235 million in annualized revenue.
• Corporate Update: The company was added to the Russell 1000 Large-cap Index on June 26, 2026.