Bitmine Immersion Technologies ( BMNR ) indicates that the company holds 6 million ETH tokens, with total encrypted assets, cash, and tradable securities reaching 17.1 billion US dollars.
Bitmine holds 4.9% of the total supply of ETH, which is 1.221 million coins. The company stated that they achieved 98% of the "5% alchemy" goal in just 15 months.
As of now, ETH is the best-performing macro asset in the third quarter of 2026, outperforming the S&P 500 by 6,728 basis points.
Tom Lee will deliver a keynote speech at KBW on September 30, 2026.
Bitmine was included in the Russell 1000 index on June 26, 2026.
The A-series preferred stocks of Bitmine are traded on the New York Stock Exchange, with the code BMNP.
According to Bitmine, they have pledged 5,067,309 ETH, which is valued at $13.7 billion at a price of $2,698 per coin. MAVAN ( Made in America VAlidator Network ) is an Ethereum staking platform aimed at BMNR and institutional investors.
Bitmine also holds 115 million shares of Eightco (Nasdaq ticker: ORBS), which is now one of the few listed companies in the world that allow investors to indirectly gain exposure to OpenAI.
According to Bitmine, the total value of its encrypted assets, liquid funds, tradable securities, and " moonshot " investments amounts to 17.2 billion US dollars. This includes over 6 million ETH, a total of 672 million US dollars in cash and tradable securities, as well as other encrypted assets.
Bitmine indicates that the company has received support from well-known institutional investors, including ARK, as well as Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital, and private investor Thomas "___BJWKEEP_00012""Lee. The goal is to acquire 5% of the total supply of ETH.
Based in Norwalk, Connecticut, Bitmine Immersion Technologies, Inc. (New York Stock Exchange ticker: BMNR) As of 3 p.m. Eastern Time on September 27, 2026, the company's crypto assets included 6,001,302 ETH, valued at $2,698 each; 213 bitcoins; a stake of $180 million in Beast Industries; a stake of $115 million in Eightco Holdings (Nasdaq ticker: ORBS); as well as a total of $672 million in cash and tradable securities. The ETH holdings of Bitmine represent 4.9% of the total supply of 122.1 million ETH.
Bitmine Chairman Thomas “Tom” Lee indicates: “The quantity of ETH held by Bitmine has now exceeded 6 million. This is a tremendous achievement, as this scale was built in less than 15 months. We have already seen that the synergies and positive network effects brought about by accumulating nearly 5% of the total supply of ETH are beginning to emerge.”
Lee Also, we continue to see confirmation signals that the crypto bull market is ongoing, which began at the end of June. We believe that institutional investors' allocation to crypto assets is still relatively low, and we expect them to increase their exposure in the last few months of 2026. With a little over a week left until the end of the third calendar quarter, Ethereum its outperformance as a macro asset continues to expand. As for this quarter's performance so far, ETH has outperformed other macro assets by 6,728 basis points.
Tom Lee will also deliver a keynote speech at the Korea Blockchain Week 2026 event to be held on September 30, 2026, at 11:20 a.m. (Korean Standard Time) in Seoul at Walkerhill Hotels & Resorts. This 25-minute speech is part of the Korea Blockchain Week, which is one of the leading blockchain and digital assets conferences in Asia. More information can be found on the Korea Blockchain Week website.
Lee indicates: "Over the past week, we have acquired 17,362 ETH. Bitmine has a continuous record of buying crypto assets, which no listed company in the world can match. Since launching the ETH treasury strategy on June 30, 2025, Bitmine has been buying ETH every week."
Bitmine released the latest chairman's speech on July 16, 2026, titled " ETH is the cure for the Uncanny Valley of Wealth ."
Earlier this year, Bitmine launched MAVAN (which includes Made, in, and America VAlidator Network), a platform for institutional-level staking. MAVAN was initially developed to support Bitmine's own Ethereum treasury, but it has since expanded to provide services for institutional investors, custodians, and ecosystem partners seeking top-tier staking infrastructure. A portion of ETH has already been staked on the MAVAN platform.
As of September 27, 2026, Bitmine has pledged a total of 5,067,309 ETH, which is valued at $13.7 billion at a price of $2,698 per coin. Lee states: "The quantity of ETH pledged by Bitmine exceeds that of any other institution in the world. Once full scaling is achieved—meaning that all ETH are pledged through MAVAN and its pledging partners—it is estimated that the annualized pledge rewards will reach $424 million, assuming a 7-day yield of 2.62% for BMNR."
Lee added, "The current annualized pledge income is estimated to be 358 million US dollars. These 5.1 million ETH represent 84% of the 6 million ETH held by Bitmine. The 7-day yield rate achieved by Bitmine's own pledge business is 2.62% (annualized)."
Bitmine indicates that the company is one of the most actively traded stocks in the United States. According to data from Fundstrat, as of September 25, 2026, the average daily trading volume for this stock was 1.1 billion US dollars, ranking it 94th among the 5,704 stocks listed in the US, following Twilio Inc (93rd place) and preceding Philip Morris International (95th place).
The encrypted assets of Bitmine have made the company the largest Ethereum treasury in the world, as well as the second-largest treasury globally, second only to Strategy Inc. The latter is said to hold 845,080 BTC, worth approximately $75 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine Management believes that the impact of the US GENIUS legislation and the Project Crypto measures by the US Securities and Exchange Commission (SEC) on the financial services industry in 2026 will be as profound as the decision made by the United States to end the Bretton Woods system on August 15, 1971, and to abandon the peg of the dollar to gold. This event in 1971 served as a catalyst for the modernization of Wall Street and gave rise to today's leading Wall Street institutions as well as the current financial and payment infrastructure. Management believes that the performance of these investments will outperform that of gold.
The chairman's speech can be viewed at:
https :// www.Bitminetech.io / chairmans-message2025 fiscal year annual performance conference and company introduction available at:
https :// Bitminetech.io / investor-relations /For the latest information, you can register at the following website:
https :// Bitminetech.io / contact-us /About Bitmine
Bitmine Immersion Technologies, Inc (New York Stock Exchange ticker: BMNR) and its subsidiaries (collectively referred to as “Bitmine” or “the Company”) are a blockchain technology infrastructure company whose services include institutional-level pledging and verification for digital assets, Bitcoin mining, and strategic management of digital assets. As a global leader in Ethereum treasury companies, Bitmine adopts innovative digital asset strategies for institutional investors and participants in the public capital markets. The Company provides institutional-level pledging and verification infrastructure to generate pledging rewards and verification income, and is also engaged in Bitcoin mining. Bitmine strategically holds digital assets and creates revenue from these assets to support liquidity and capital formation. Since 2025, the Company has expanded its blockchain infrastructure capabilities, including the development and deployment of its institutional-level pledging and verification platform MAVAN. The Company’s business also includes investments in early-stage blockchain projects (“moonshot investments”), as well as additional mining, hosting, and consulting services.
Forward-looking Statements Warning
This press release contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995 and its amendments. Forward-looking statements include all non-historical statements that can generally be identified by words such as “expected,” “estimated,” “intended,” “planned,” “believed,” “anticipated,” “predicted,” “seeked,” “targeted,” “possible,” “will,” “shall,” “should,” “considered,” “seen,” or similar expressions, or their negative forms, or other similar wording.This press release particularly contains the following forward-looking statements: i) The company's goal of acquiring 5% of the total supply of ETH (the “5% Alchemy” plan), and the statement that the company has achieved 98% of this goal within 15 months; ii) The company's digital asset accumulation and treasury strategy, including the continuous weekly purchases of ETH since the implementation of the ETH treasury strategy on June 30, 2025, as well as the company's position as the world's largest ETH treasury; iii) The company's staking activities, including an estimated annual ETH staking reward of approximately $424 million under full scaling (assuming that all of ETH of Bitmine is staked through MAVAN and its staking partners, with a 7-day yield of 2.62%), as well as an estimated current annual staking income of approximately $358 million; iv) The expansion of MAVAN to serve institutional investors, custodians, and ecosystem partners seeking the best staking infrastructure, and its expected position as the preferred Ethereum staking destination for BMNR and institutional investors; v) Regarding ETH, it has performed as the best macro asset so far in the third quarter of 2026, with a performance 6,728 basis points higher than that of the S&P 500; vi) Management believes that institutional investors are still underallocated to crypto assets and expects them to increase their crypto exposure in the last few months of 2026; vii) Management believes that a crypto bull market is underway, which began at the end of June; viii) Management believes that the GENIUS legislation and SEC Project Crypto will have a transformative impact on financial services in 2026, similar to the end of the Bretton Woods system in 1971, and that investments resulting from this will outperform gold; ix) Statements regarding the company's investments, including how its investment in Eightco Holdings indirectly provides investors with OpenAI exposure.As well as its 180 million dollar stake in Beast Industries; and the statements of xii regarding the company's crypto assets, cash, tradable securities, and the investment value of “moonshot”, including a total amount of 17.2 billion dollars, as well as the statement that ETH's stake accounts for 4.9% of ETH's total supply.
These forward-looking statements involve significant risks and uncertainties, which may lead to substantial differences between actual results and the results expressed or implied in these statements.Factors that may lead to or contribute to such differences include: the extreme volatility and unpredictability of digital asset prices (including ETH and Bitcoin), as well as the speculative nature of digital asset investments; historical ETH price trends and their relative performance compared to other macro assets may not repeat themselves or serve as indicators for future performance; the company relies on third-party price sources (including Coinbase) and market information when calculating the value of its crypto, cash, tradable securities, and “moonshot” holdings, and these values may fluctuate significantly after the dates and times mentioned in this announcement; changes in the market environment may affect the trading prices and volumes of the company's common stock and Series A preferred stock, and being included in the Russell 1000 index may not result in the expected benefits; whether the company can execute its ETH acquisition strategy, continue the weekly purchase record of ETH, and achieve the ETH accumulation targets, including the “5% Alchemy” target; whether the company can fund its business, Ethereum treasury activities, and MAVAN expansion; operational, security, and technical risks related to the company's staking and verification activities, including network failures, reduction events, cybersecurity vulnerabilities, and protocol changes; actual staking participation, rewards, and income may differ significantly from the forecasts stated in this press release, which are based on a 7-day yield and assume that ETH has been fully scaled staked; competition in the digital asset treasury, staking, and mining industries; the company's dependence on key personnel (including management); regulatory developments affecting digital assets, blockchain technology, and staking activities in the United States and globally, including the final passage, enforcement, and interpretation of the GENIUS Act and other ongoing legislative and regulatory initiatives; actions taken by SEC, CFTC, and other regulatory authorities against digital assets and related enterprises; risks associated with the company's investments in early blockchain opportunities (moonshot investments), including the nature and scope of investments in Eightco Holdings (including any indirect OpenAI exposures) and investments in Beast Industries.Macroeconomic factors, including inflation, interest rates, Federal Reserve monetary policy, labor market conditions, war risks, rising yields, and the overall economic situation that affects investors' sentiment towards digital assets; the unpredictability of cryptocurrency market cycles and the accuracy of management's expectations regarding institutional participation; changes to the Ethereum protocol, including staking mechanisms, validator requirements, and reward structures; the performance of third-party service providers, exchanges, custodians, and partners; the risks associated with a high concentration of a company's assets in digital currencies, particularly Ethereum; as well as other risk factors described in the documents submitted by the company to SEC.
The forward-looking statements in this press release are based on information available to management as of the date of issuance and reflect management’s current expectations, estimates, projections, opinions, and beliefs regarding future events and circumstances. Actual results may differ significantly from those stated or implied in the forward-looking statements due to various factors, including those mentioned in the “Risk Factors” sections of the company’s 10-K annual report for the fiscal year ending September 30, 2025, filed with the SEC on November 21, 2025, the 10-Q quarterly reports, and other documents submitted by the company to the relevant authorities (which may be revised or updated from time to time). Copies of these documents can be found on the SEC website at www.sec.gov and on the company’s website at https :// Bitminetech.io / investor-relations. The company reminds readers not to rely excessively on these forward-looking statements, which are only valid as of the date they are made. Except as required by applicable laws or regulations, Bitmine explicitly does not assume any obligation or commitment to update, revise, or supplement any forward-looking statements to reflect changes in expectations, related events, circumstances, or conditions.
