Bitmine Immersion Technologies (BMNR) provided an operational update, announcing its total holdings of cryptocurrency, cash, and marketable securities have reached $17.4 billion as of October 4, 2026. The company emphasized its position as the world's largest corporate holder of Ethereum (ETH), with its holdings representing 4.9% of the total ETH supply.
Key Details
- Total Holdings: $17.4 billion, comprising crypto assets, $643 million in cash & marketable securities, and other investments.
- Ethereum (ETH) Position: The company holds 6,016,414 ETH, valued at $2,726 per token at the time of the report.
- Staking Operations: 5.07 million ETH (84% of its total) are staked, generating a projected $363 million in annualized staking revenue.
- Other Investments: Holdings include a $180 million stake in Beast Industries, a $117 million stake in Eightco Holdings (ORBS), and 214 Bitcoin (BTC).