Bitmine Immersion Technologies provided an operational update, disclosing total holdings of $12.3 billion, composed of cryptocurrency, cash, and other investments. The company continues to execute its strategy of accumulating Ethereum (ETH) as its primary treasury reserve asset, now holding nearly 4.5% of the total ETH supply.
Key Details
- Total Holdings: Valued at $12.3 billion as of May 25, 2026, including 5,390,404 ETH tokens, 203 Bitcoin (BTC), $444 million in cash, and other strategic investments.
- Ethereum Position: The company's ETH holdings represent 4.47% of the total ETH coin supply. Bitmine recently acquired 111,942 ETH over the past week.
- Staking Operations: Bitmine has 4.71 million ETH staked (valued at $10.1 billion), which is projected to generate $276 million in annualized staking revenue.