Bitmine has 3,040,483 ETH staked, representing $6.1 billion at $1998 per ETH; The MAVAN staking solution is on track to launch in Q12026.
Bitmine now holds 3.62% of the ETH token supply, more than 72% of the way to “Alchemy of 5%” in just 7 months.
Bitmine recently closed a $200 million investment in Beast Industries.
Bitmine’s total cryptocurrency+cash+“Moonshots” holdings amount to $9.6 billion, including 4.371 million ETH tokens, a total of $670 million in cash and other cryptocurrency holdings
Bitmine is ahead of its peers in cryptocurrency cash flow, both in the speed of its cryptocurrency NAV per share increase and the high liquidity of BMNR stock
BitMine is the 158th most traded stock in the United States, trading $0.9 billion per day (5-day average).
Bitmine is still backed by a group of leading institutional investors, including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill MillerIII, Pantera, Kraken, DCG, Galaxy Digital, and private investor Thomas “Tom” Lee, to support Bitmine’s goal to acquire 5% of total ETH
/PRNewswire/ — (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or “Company”), a Bitcoin and Ethereum Network company focused on the accumulation of cryptocurrencies for long-term investments, today announced that all cryptocurrency holdings + liquidités + «moonshots» of Bitmine total 9.6 billion dollars.
Bitmine Weekly Update
STAKING: BMNR now staking over 3 million ETH
ALCHEMY of 5%: BMNR ranked #158 by 5D avg daily $ volume
As of February 16, 2026 at 5:00 p.m. ET, the Company’s cryptocurrency holdings consist of 4,371,497 ETH at $1,998 per ETH (NASDAQ: COIN), 193 Bitcoin (BTC), $200 million stake in Beast Industries, $17 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”), and total cash of 670 million dollars. Bitmine’s ETH holdings represent 3.62% of the ETH supply (120.7 million ETH).
“After spending the last week at Consensus Hong Kong, one of the world’s largest cryptocurrency gatherings, we are increasingly convinced that 2026 will be a defining year for Ethereum. We see that Product-Market Fit is strengthening under the effect of three long-term secular factors: (i) Wall Street via tokenization/privacy on Ethereum; (ii) AI and AI agents using Ethereum for both payment collection and verification and (iii) creators moving towards “proof of humanity” and other standards running on EthereumL2 (Worldchain, etc.). There were numerous discussions and presentations covering these three topics, and it is clear that Ethereum is well-positioned to gain significant market share given its neutrality and 100% reliability,” said Thomas “Tom” Lee, President of Bitmine.
In his latest speech at Consensus HK, Mr. Lee talks about these three future growth drivers for ETH usage, as well as drivers for Bitmine’s growth initiatives. Link to his post.
“Investor sentiment and enthusiasm, on the other hand, are at half-mast, reminiscent of the gloom and despondency seen during the lows of November 2022 and in the heart of crypto winter 2018. In 2018 and 2022, many important players experienced resounding failures (FTX, 3flèches in 2022) while the period 2025-2026 did not experience debacles of this magnitude. Rather, it appears that the cryptocurrency has remained weak since the “price shock” and massive leverage reduction seen on October 10. Bitmine cannot control the price of Ethereum, with the company acquiring ETH regardless of price action, as the long-term outlook for Ethereum remains exceptional. This is why we continue to buy ETH even as the cryptocurrency goes through this “mini-winter,” Mr. Lee said.
“Last week, we acquired 45759ETH,” continues Mr. Lee. “Bitmine has been steadily buying Ethereum as we view this pullback as interesting given the strengthening fundamentals. In our opinion, the price of ETH does not reflect the great utility of ETH and its role as the future of finance.
As of February 16, 2026, the total number of ETH staked by Bitmine stands at 3,040,483 ($6.1 billion at $1,998 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 staking rewards on ETH are $252 million per year (using a 7-day BMNR of 2.89%),” Mr. Lee said.
“Annualized staking revenue now stands at $176 million. This 3.0 million ETH represents approximately 69% of the 4.37 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate), administered by Quatrefoil) is 2.84%, while Bitmine’s own staking operations generated a 7-day return of 2.89% (annualized). We continue to make progress on our “Made in America VAlidator Network” (MAVAN) staking solution. It will be a best-in-class solution offering secure staking infrastructure, which will be deployed in early 2026. Bitmine is currently working with 3 staking providers as the company prepares to unveil MAVAN in 2026,” Mr. Lee continued.
Bitmine’s cryptocurrency holdings are the No. 1 Ethereum treasury and No. 2 treasury globally, behind Strategy Inc. (NASDAQ: MSTR), which holds 714,644 Bitcoins, valued at $49 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine is one of the most traded stocks in the United States. According to Fundstrat data, the stock recorded an average daily trading volume of $0.9 billion (5-day average, as of February 13, 2026), ranking 158th in the United States, behind KKR (157th place) and ahead of CBRE (159th place) among the 5,704 stocks listed in the United States (statista.com and Fundstrat).
In 2025, the GENIUS Act and the Crypto project of the SEC (Securities and Exchange Commission, “SEC”) represent for financial services a transformation comparable to that caused by the American decision of August 15, 1971 to put an end to the Bretton Woods agreements and the pegging of the dollar to gold. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic WallStreet titans and the financial and payments networks of today. These have proven to be better investments than gold.
The President’s message is available here:
https://www.Bitminetech.io/chairmans-message
The full fiscal year 2025 results presentation and corporate presentation are available here: https://Bitminetech.io/investor-relations/
To stay informed, please register at https://Bitminetech.io/contact-us/
About Bitmine
Bitmine(NYSE AMERICAN: BMNR) is the world’s leading Ethereum treasury company, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its “5% Alchemy” philosophy, the company is committed to making ETH its primary treasury reserve asset, leveraging native protocol-level activities, including staking and decentralized finance mechanisms. The company will launch MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in the first quarter of 2026.
For more information, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
https://x.com/bmnrintern
Forward-looking statements
This press release contains “forward-looking statements”. Statements contained in this press release that are not purely historical are forward-looking statements that involve risks and uncertainties. This document contains, in particular, forward-looking statements regarding the progress and achievement of the Company’s objectives with respect to the acquisition of ETH and related investment level, the long-term value of Ethereum, the continued growth and progress of the Company’s Ethereum treasury strategy, and the resulting benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including Bitmine’s ability to keep pace with new technologies and changing market needs, Bitmine’s ability to fund its current operations, Ethereum treasury operations and proposed future businesses, the competitive environment for Bitmine’s businesses, and the future value of Bitcoin and Ethereum. Actual future performance and results may differ materially from those expressed in the forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine’s control, including those set forth in the “Risk Factors” section of Bitmine’s Form 10-K filed with the SEC on November 21, 2025, as well as in all other documents filed with the SEC, as amended or updated from time to time. Copies of Bitmine’s filings with the SEC are available on the SEC’s website at: www.sec.gov. BitMine undertakes no obligation to update these statements to reflect revisions or changes occurring after the date of this release, except as required by law.
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