Bitmine Immersion Technologies, Inc. Operational Update and Financial Holdings
Bitmine Immersion Technologies, Inc. announced an operational update detailing their significant cryptocurrency holdings and financial status as of April 13, 2026. The company now holds 4.875 million ETH tokens, valued at approximately $10.7 billion, which represents 4.04% of the total ETH supply. In addition to ETH, their crypto and cash reserves total $11.8 billion, including $719 million in cash, 198 Bitcoin, a $200 million stake in Beast Industries, and an $85 million stake in Eightco Holdings. The company has also successfully uplisted to the New York Stock Exchange (NYSE) under the symbol BMNR. Bitmine has a substantial portion of its ETH staked, with 3,334,637 ETH staked on its MAVAN platform, generating significant staking rewards. The company is actively pursuing its goal of acquiring 5% of the total ETH supply, supported by a notable group of institutional investors. Bitmine is recognized as a leading Ethereum treasury, with its stock being one of the most actively traded in the US.