Bitmine Immersion Technologies (BMNR) provided an operational update, reporting total holdings of $15.7 billion, which includes cryptocurrencies, cash, and other investments as of September 7, 2026. The company's primary asset consists of approximately 5.93 million Ethereum (ETH) tokens, representing 4.9% of the total ETH supply.
Key Details
- Asset Breakdown: As of September 7, 2026, holdings include 5.93 million ETH, 211 Bitcoin (BTC), and $593 million in cash and marketable securities.
- Staking Operations: The company has 5.07 million ETH staked, projecting annualized staking revenue of approximately $330 million. BMNR also terminated a management agreement with Ethereum Tower LLC and entered a new advisory agreement with an affiliate for a simplified fee of 1.50% of staking rewards, effective September 4, 2026.
- Market Position: The company's ETH holdings are valued at approximately $14.8 billion (at $2,495 per ETH), positioning it as the world's largest public holder of ETH.