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Bitmine Immersion Technologies

All articles tagged with #bitmine immersion technologies

Bitmine Expands ETH Hoard as Tom Lee Declares Bull Run Underway
business19 days ago

Bitmine Expands ETH Hoard as Tom Lee Declares Bull Run Underway

Bitmine Immersion Technologies added 27,562 ETH to lift its holdings to 5,983,940 ETH (~$16.1B), about 4.9% of supply and 98% toward its “Alchemy of 5%” goal, with total assets near $17.1B including cash and stakes. Tom Lee says a crypto bull market has been underway since late June and expects underweight institutions to increase exposure in Q4, highlighting Ethereum as this quarter’s top macro asset. Bitmine continues a weekly ETH buying spree and stakes roughly 85% of its ETH (over 5M) via MAVAN for projected $357M in annualized revenue, maintaining its status as the world’s largest ETH treasury and a major crypto holder behind Strategy.

Bitmine Expands Ethereum Treasury to 4.6 Million ETH, Reaches $11.5B in Holdings
finance6 months ago

Bitmine Expands Ethereum Treasury to 4.6 Million ETH, Reaches $11.5B in Holdings

Bitmine Immersion Technologies disclosed its ETH holdings have swollen to about 4.596 million ETH (roughly 3.81% of total supply), with 3,040,515 ETH staked worth around $6.6 billion at $2,185 per ETH, as part of total crypto and cash holdings of $11.5 billion as of March 15, 2026. The portfolio also includes 196 BTC, a $200 million Beast Industries stake, and an $83 million ORBS stake, plus increased ORBS exposure via OpenAI. Bitmine is targeting a 2026 MAVAN staking network launch and positions itself as a leading ETH treasury with high liquidity in BMNR shares.

Bitmine Elevates ETH Treasury to 4.42 Million Tokens, $9.6B in Holdings
business7 months ago

Bitmine Elevates ETH Treasury to 4.42 Million Tokens, $9.6B in Holdings

Bitmine Immersion Technologies reported a total crypto and cash treasury of about $9.6 billion as of Feb. 22, 2026, with 4,422,659 ETH (≈3.66% of the ETH supply, about $8.66B at $1,958/ETH), 193 BTC, a $200 million Beast Industries stake, a $17 million Eightco stake, and $691 million in cash. Of the ETH, 3,040,483 are staked (roughly $6.0B), and the MAVAN staking network is slated to launch in Q1 2026. The company highlights BMNR’s liquidity (≈$0.7B daily traded) and backing by major institutional investors, reaffirming ETH as its primary treasury asset with an aim for 5% ETH ownership.

Bitmine Bets $200 Million on Beast Industries to Accelerate Ethereum Treasury Strategy
business8 months ago

Bitmine Bets $200 Million on Beast Industries to Accelerate Ethereum Treasury Strategy

Bitmine Immersion Technologies (BMNR) announced a $200 million equity investment in Beast Industries, with closing expected around January 19, 2026, as part of its strategy to expand Ethereum treasury operations and DeFi capabilities, including launching MAVAN (Made-in-America Validator Network) in Q1 2026. The deal is backed by high-profile investors and MrBeast-led Beast Industries, with Bitmine’s annual stockholder meeting slated for January 15, 2026.