Bitmine Immersion Technologies Reports $15.6 Billion in Crypto and Cash Holdings

Bitmine Immersion Technologies (BMNR) has announced its Ethereum (ETH) holdings have reached 5.90 million tokens, accounting for 4.9% of the total ETH supply. The overall crypto and cash holdings now stand at $15.6 billion, including cash and marketable securities of $541 million.

ETH has outperformed other macro assets, surpassing the S&P 500 by 5,430 basis points in the third quarter of 2026. Bitmine's preferred stock trades under the symbol BMNP on the NYSE, reflecting investor confidence. The firm is backed by prominent investors including Cathie Wood and the Founders Fund.

Bitmine's MAVAN platform facilitates staking, with 5,067,309 ETH currently staked on the network. The company sees expanding opportunities from the SEC's Project Crypto and the forthcoming CLARITY Act vote.