Bitmine Immersion Technologies, Inc. Announces Operational Updates and Financial Holdings

Bitmine Immersion Technologies, Inc. reported significant updates regarding its cryptocurrency holdings and financial operations. As of June 14, 2026, the company's total crypto, cash, and marketable securities amounted to $10.4 billion. This includes 5.62 million ETH tokens valued at approximately $9.66 billion, 204 Bitcoin (BTC), stakes in Beast Industries ($180 million) and Eightco Holdings ($88 million), and $502 million in cash and marketable securities. Bitmine's ETH holdings represent 4.66% of the total ETH supply. The company also announced the closure of its Series A Perpetual Preferred Stock offering on June 10, 2026, raising approximately $273.8 million in net proceeds. This Series A Preferred Stock is set to trade on the NYSE under the symbol BMNP starting June 16, 2026. Bitmine has staked 4.71 million ETH, valued at $8.1 billion, and anticipates annualized staking rewards of approximately $219 million to $269 million. The company was also recognized on the Fortune Crypto 100 list for 2026 and launched its institutional-grade staking platform, MAVAN.