Bitmine owns more than 4.47% of the total ETH coin supply of 120.7 million
Bitmine is 89% of the way to the ‘Alchemy of 5%’ in just 11 months
Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains
Bitmine uplisted to the New York Stock Exchange (“NYSE”) from the NYSE American effective as of April 9, 2026
Bitmine has 4,712,917 staked ETH, representing $10.1 billion at $2,134 per ETH
MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience
Bitmine owns $95 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI
Bitmine Crypto + Total Cash Holdings + “Moonshots” total $12.3 billion, including 5.39 million ETH tokens, total cash of $444 million, and other crypto holdings
Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock
Bitmine is the 193rd most traded stock in the US, trading $572 million per day (5-day avg)
Bitmine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support Bitmine’s goal of acquiring 5% of ETH
NORWALK, Conn., May 26, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”) a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash + “moonshots” holdings totaling $12.3 billion.
The Company recently announced its uplisting to the New York Stock Exchange (“NYSE”) from the NYSE American on April 9, 2026. The Company’s common stock continues to trade under the symbol “BMNR.”
As of May 25, 2026 at 1:00pm ET, the Company’s crypto holdings are comprised of 5,390,404 ETH at $2,134 per ETH (Coinbase NASDAQ: COIN), 203 Bitcoin (BTC), $200 million stake in Beast Industries, $95 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and total cash of $444 million. Bitmine’s ETH holdings are 4.47% of the ETH supply (of 120.7 million ETH).
On May 11, 2026, Bitmine released the latest Chairman’s Message for May 2026.
“We continue to expect a supercycle ahead for crypto and Ethereum, driven by the dual drivers of Wall Street tokenization and agentic-AI. And thus, we continue to steadily acquire ETH, with Bitmine now owning nearly 5.4 million ETH tokens,” stated Thomas “Tom” Lee, Chairman of Bitmine.
“Over the past week, we acquired 111,942 ETH. We view the recent pullback of ETH to below $2,200 as an attractive opportunity. Bitmine is expected to reach the ‘alchemy of 5%’ sometime in 2026,” stated Lee.
Bitmine recently launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine’s own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine’s ETH is already staked on the MAVAN platform.
As of May 25, 2026, Bitmine total staked ETH stands at 4,712,917 ($10.1 billion at $2,134 per ETH). “Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine’s ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $276 million annually (using 2.75% 7-day BMNR yield),” stated Lee.
“Annualized staking revenues are now $276 million. And this 4.7 million ETH is over 87% of the 5.39 million ETH held by Bitmine. Bitmine’s own staking operations generated a 7-day yield of 2.75% (annualized),” continued Lee.
Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 818,869 BTC valued at $64.1 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $572 million (5-day average, as of May 22, 2026), ranking #193 in the US, behind Trane Technologies (rank #192) and ahead of Delta Airlines (rank #194) among 5,704 US-listed stocks and Fundstrat research.
The GENIUS Act and Securities and Exchange Commission’s (the “SEC”) Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.
The Chairman’s message can be found here:
The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here:
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About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of “the alchemy of 5%,” the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.
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Forward Looking Statements
