Bitmine holds more than 4.21% of the total ETH supply of 120.7 million
Bitmine is already 84% of the way to the “Alchemy of the 5%” in just 10 months
Ethereum continues to benefit from two favorable factors: Wall Street tokenization on the blockchain and the growing need for public and neutral blockchains from autonomous AI systems
Bitmine will be upgraded from NYSE American to the New York Stock Exchange (“NYSE”) effective April 9, 2026
Bitmine has 3,701,589 ETH staked, which is worth $8.8 billion at a rate of $2,369 per ETH
MAVAN (Made in America VAlidator Network) is a leading Ethereum staking platform for BMNR and institutional investors with a focus on security, performance and resiliency
Bitmine owns $91 million worth of shares in Eightco (NASDAQ: ORBS), which is now one of the few publicly traded stocks in the world that gives investors direct exposure to OpenAI
Bitmine Crypto + total cash holdings + “moonshots” total $13.3 billion, including 5.078 million ETH tokens, $940 million in cash holdings, and other cryptocurrency holdings
Bitmine leads the pack compared to other crypto treasury companies in both the speed at which crypto net asset value per share is increased and the high trading liquidity of BMNR stock
Bitmine is the 129th most traded stock in the US with trading volume of $845 million per day (5-day average)
Bitmine continues to be supported by a group of leading institutional investors, including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and private investor Thomas “Tom” Lee, to support Bitmine’s goal of acquiring 5% of ETH
/PRNewswire/ — (NYSE:BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”), a Bitcoin and Ethereum-focused company focused on building cryptocurrency holdings for long-term investments, today announced that the total value of its cryptocurrency holdings + Barmitteln + Moonshots amounts to 13.3 billion US dollars.
Bitmine Weekly Update
IRAN: Crypto & US Energy & Tech Outperformers since war
STAKING: BMNR now staking over 3.7 million ETH
ALCHEMY of 5%: BMNR ranked #129 by 5D avg daily $ volume
The Company recently announced that it will delist from NYSE American to the New York Stock Exchange (“NYSE”) on April 9, 2026. The Company’s common stock will continue to trade under the symbol “BMNR.”
As of April 26, 2026 at 4:00 p.m. ET, the Company’s cryptocurrency holdings consist of 5,078,386 ETH at a rate of $2,369 per ETH (Coinbase,NASDAQ: COIN), 200 Bitcoin (BTC), a $200 million stake in Beast Industries, a $91 million stake in Eightco Holdings (NASDAQ: ORBS) (“Moonshots”) and cash totaling $940 million. Bitmine’s ETH holdings represent 4.21% of the total ETH supply (of 120.7 million ETH).
“Bitmine’s ETH holdings exceeded 5 million last week,” said Thomas “Tom” Lee, Chairman of Bitmine. “This is an important milestone in the company’s journey to acquire 5% of the ETH supply. And this pace of accumulation is astounding – it only took 10 months to reach 5 million.”
“Several recent research reports, including the latest study from Ethereum, suggest that ETH is a ‘store of value’ and will serve as a security as digital assets are increasingly used in financial transactions. This new role of ETH has arguably been demonstrated by its outperformance since the start of the Iran War. ETH has outperformed the S&P 500 by 1,696 basis points since the start of the war and remains the best-performing asset in the world (alongside crude oil prices). performance,” explained Lee.
“In addition, Ethereum continues to benefit from two favorable factors: Wall Street tokenization on the blockchain and the growing need for public and neutral blockchains from agentic AI systems. In our view, it is of great importance that ETH is the best ‘wartime store of value’ currency and has been the leading asset since the start of the war,” Lee said.
“Bitmine has maintained the increased pace of ETH purchasing in each of the last four weeks as our base case is that ETH is in the final stages of the ‘mini-crypto winter.’ Last week we acquired 101,901 ETH, which represents the highest purchase volume since the week of December 15, 2025,” Lee explained.
Bitmine recently launched MAVAN (the “Made in American VAlidator Network”), a staking platform for institutional investors. Although MAVAN was originally developed to support Bitmine’s own Ethereum treasury, MAVAN intends to expand its offerings to serve institutional investors, custodians and ecosystem partners looking for world-class staking infrastructure. A portion of Bitmine’s ETH is already staked on the MAVAN platform.
As of April 26, 2026, the total amount of ETH staked on Bitmine is 3,701,589 ($8.8 billion at a rate of $2,369 per ETH). “Bitmine has staked more ETH than any other company in the world. At full capacity (when Bitmine’s ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $363 million per year (assuming a 7-day BMNR return of 3.033%),” Lee explained.
“Annualized staking returns are now $264 million. And that 3.7 million ETH represents about 73% of the 5.08 million ETH that Bitmine holds. The CESR (Composite Ethereum Staking Rate, managed by Quatrefoil) is 3.028%, while Bitmine’s own staking activity generated a 7-day return of 3.033% (annualized),” continued Lee.
Bitmine Crypto Holding is the No. 1 Ethereum treasury and No. 2 globally, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 780,897 BTC worth $58.2 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine is one of the most widely traded stocks in the US. According to Fundstrat data, the stock recorded an average daily trading volume of $845 million (5-day average as of April 24, 2026), ranking it at No. 129 in the U.S. – behind Nike Inc. (No. 128) and ahead of Comfort Systems USA (No. 130) among 5,704 U.S.-listed stocks (statista.com and Fundstrat Research).
The GENIUS Act and the Securities and Exchange Commission’s (SEC) “ProjectCrypto” will transform financial services in 2025 as fundamentally as the US actions of August 15, 1971, which ended the Bretton Woods system and the US dollar’s peg to the gold standard 54 years ago. This 1971 event sparked the modernization of Wall Street and led to the creation of the Wall Street giants and financial and payment systems we know today. These proved to be better investments than gold.
The related statement from Bitmine’s Chairman can be found here:
https://www.Bitminetech.io/chairmans-message
The presentation of the results for the full year 2025 and the company presentation can be found here: https://Bitminetech.io/investor-relations/
If you are interested in up-to-date information, please log in here: https://Bitminetech.io/contact-us/
Information about Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner based in the USA. The company is deploying its excess capital to become the world’s leading Ethereum treasury company and implement an innovative digital asset strategy for institutional investors and public market participants. Guided by its “Alchemy of the 5%” philosophy, the company relies on ETH as its primary reserve currency, 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.
For more details see X:
https://x.com/bitmnr
https://x.com/fundstrat
Forward-Looking Statements
This press release contains statements that are “forward-looking statements.” Statements in this press release that are not purely historical are forward-looking statements that involve risks and uncertainties. In particular, this document contains forward-looking statements regarding: (i) the progress and achievement of the Company’s objectives related to the acquisition of ETH, including the “Alchemy of 5%” initiative and the long-term value of Ethereum; (ii) the Company’s assessments of Ethereum’s performance relative to other assets, including its classification as a “store of value in times of crisis” and its performance during geopolitical events; (iii) the Company’s expectations regarding the current state and future development of the cryptocurrency market, including statements that ETH may be in the “final stages of the mini-crypto winter”; (iv) the continued growth and evolution of the Company’s Ethereum treasury strategy and the associated benefits to the Company; (v) the Company’s stock repurchase program, including statements regarding shares trading below their intrinsic value, the Company’s ability to redeem common shares at accretive rates and to conduct repurchases through open market transactions; (vi) the Company’s digital asset building strategy and staking activities, including MAVAN, its expansion to serve institutional investors, custodians and ecosystem partners, and projected annual staking returns and rewards; (vii) statements regarding the benefits of Wall Street tokenization on the blockchain and agentic AI systems using public blockchains; (viii) expectations regarding the potential impact of regulatory developments, including the GENIUS Act and SEC Project Crypto, on financial services and digital assets; and (ix) the Company’s financial flexibility to support its treasury activities and expanded repurchase authorization. When 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 ongoing operations, Ethereum-related treasury activities, share repurchase program and planned future business activities; the competitive environment of Bitmine’s business; market conditions affecting the trading price of the Company’s common stock; regulatory developments affecting digital assets, including the final passage and implementation of pending legislation and SEC initiatives; geopolitical events and their impact on cryptocurrency markets; the volatility and unpredictability of digital asset prices; as well as the future value of Bitcoin and Ethereum. Actual future developments and results may differ materially from those indicated in any 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 and any other filings with the SEC, which may be 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 for any revisions or changes after the date of this release, except as required by law.
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