Bitmine Immersion Technologies (BMNR) provided an operational update, announcing its total holdings of crypto, cash, and marketable securities have reached $14.3 billion. The update highlights the company's continued execution of its strategy to accumulate Ethereum (ETH) as a primary treasury reserve asset, now owning nearly 5% of the total ETH supply.
Key Details
- Total Holdings: Valued at $14.3 billion as of November 8, 2026. This includes all crypto assets, $475 million in cash and marketable securities, and other investments.
- Ethereum (ETH) Position: The company holds 6,070,092 ETH tokens, which represents 4.97% of the total circulating supply of ETH.
- Staking Operations: 5.23 million ETH (valued at $11.7 billion) are currently staked. The company projects potential annualized staking rewards of $359 million once its holdings are fully staked.
- Other Significant Assets: Holdings also include 216 Bitcoin (BTC), a $180 million stake in Beast Industries, and a $75 million stake in Eightco Holdings (ORBS).