Bitmine (BMNR) Reports $11.6 Billion in Crypto and Cash Holdings, Including 5.42M ETH

Bitmine Immersion Technologies provided an operational update, reporting total crypto, cash, and investment holdings of $11.6 billion as of May 31, 2026. The company announced its Ethereum holdings have reached 5.42 million ETH tokens, which represents 4.49% of the total global supply, as it continues its strategy of accumulating ETH as its primary treasury reserve asset.

Key Details

• Total Holdings: Valued at $11.6 billion as of May 31, 2026, comprising 5,416,901 ETH, 203 BTC, $446 million in cash, and other investments.
• Ethereum Staking: The company has 4.72 million ETH (valued at $9.5 billion) staked through its MAVAN platform, with projected annualized staking revenues of $258 million.
• Strategic Goal: These holdings represent 90% of the company's stated goal to acquire 5% of the total ETH supply, a milestone it expects to reach in 2026.