on BitMine Immersion Technologies, Inc.
Bitmine Immersion Technologies Reports $9.6 Billion in Crypto and Cash Holdings
Bitmine Immersion Technologies, Inc., a company focused on long-term crypto investments, announced its substantial crypto and cash holdings totaling $9.6 billion as of late February 2026. This includes 4.423 million Ethereum tokens, which represent 3.66% of the total Ethereum supply, valued at approximately $6 billion.
In addition to Ethereum, Bitmine holds 193 Bitcoin and a $200 million stake in Beast Industries. The company reiterated its commitment to ETH, aiming for a 5% hold of the token supply.
Supported by prominent investors, Bitmine ranks as the 165th most traded stock in the US. Looking forward, the company plans to launch the MAVAN staking solution in early 2026, aimed at enhancing their ETH staking infrastructure and maximizing annual staking revenues estimated at $171 million.
R. E.
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