{"id":2945,"date":"2026-07-22T02:59:26","date_gmt":"2026-07-22T02:59:26","guid":{"rendered":"https:\/\/xrpfaucet.site\/?p=2945"},"modified":"2026-07-22T02:59:26","modified_gmt":"2026-07-22T02:59:26","slug":"bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-78-million-tokens-and-total-crypto-and-total-cash-holdings-of-11-5-billion","status":"publish","type":"post","link":"https:\/\/xrpfaucet.site\/?p=2945","title":{"rendered":"Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.78 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 Billion"},"content":{"rendered":"
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\ud83d\udcf0 Exclusive Crypto News & Analysis:<\/strong> Stay ahead with the latest developments in the cryptocurrency and blockchain space.<\/p>\n

\ud83d\udcc8 Market Update:<\/strong> Real-time price movements, technical analysis, and trading signals.<\/p>\n

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Bitmine owns 4.8% of the total ETH coin supply of 120.7 million<\/i><\/b><\/p>\n

Bitmine is 96% of the way to the \u2018Alchemy of 5%\u2019 in just 12 months<\/i><\/b><\/p>\n

Bitmine repurchased 5.5 million common stock in the past week, authorized under the previously announced $4 billion share repurchase program<\/i><\/b><\/p>\n

Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026<\/i><\/b><\/p>\n

Bitmine\u2019s Series A Preferred Stock is trading on the NYSE under the symbol BMNP<\/i><\/b><\/p>\n

Bitmine has 4,917,189 staked ETH, representing $9.2 billion at $1,879 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors<\/i><\/b><\/p>\n

Bitmine owns $58 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI<\/i><\/b><\/p>\n

Bitmine Crypto + Total Cash Holdings & Marketable Securities + \u201cMoonshots\u201d total $11.5 billion, including 5.78 million ETH tokens, total cash & marketable securities of $385 million, and other crypto holdings<\/i><\/p>\n

Bitmine remains supported by a premier group of institutional investors including ARK\u2019s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas \u201cTom\u201d Lee to support Bitmine\u2019s goal of acquiring 5% of ETH<\/i><\/p>\n

NORWALK, Conn.<\/span>, July 20, 2026<\/span> \/PRNewswire\/ \u2014 (NYSE: BMNR) Bitmine Immersion Technologies, Inc. (\u201cBitmine\u201d or the \u201cCompany\u201d) a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash & marketable securities + \u201cmoonshots\u201d <\/i>holdings totaling $11.5 billion.<\/p>\n

\n \"Bitmine\n <\/p>\n

As of July 19, 2026 at 8:30pm ET, the Company\u2019s crypto holdings are comprised of 5,777,468 ETH at $1,879 per ETH (per Coinbase NASDAQ: COIN), 207 Bitcoin (BTC), $180 million stake in Beast Industries, $58 million stake in Eightco Holdings (NASDAQ: ORBS) (\u201cmoonshots\u201d) and total cash & marketable securities of $385 million. Bitmine\u2019s ETH holdings are 4.8% of the ETH supply (of 120.7 million ETH).<\/p>\n

\u201cBitmine repurchased approximately 5.5 million shares of common stock in the past week at an average price of $15.6156. We view the purchase of our common shares as accretive to shareholder value,\u201d stated Thomas \u201cTom\u201d Lee, Chairman of\u00a0Bitmine.<\/p>\n

Bitmine executed the 5.5 million common stock buyback under the previously authorized $4 billion share repurchase program. <\/p>\n

\u201cOver the past week, we acquired 7,430 ETH. The reduced pace of buys reflects that Bitmine repurchased 5.5 million common shares. Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025,\u201d stated Lee.<\/p>\n

On July 16, 2026, Bitmine released the latest Chairman\u2019s Message (link here<\/a>) for July 2026. The title of the Message is \u201cETH is the cure for the Uncanny Valley of Wealth.\u201d<\/p>\n

Earlier in 2026, Bitmine launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine\u2019s own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine\u2019s ETH is already staked on the MAVAN platform.<\/p>\n

As of July 19, 2026, Bitmine total staked ETH stands at 4,917,189 ($9.2 billion at $1,879 per ETH). \u201cBitmine has staked more ETH than other entities in the world. At scale (when Bitmine\u2019s ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $290 million on an annualized basis (using 2.67% 7-day BMNR yield),\u201d stated Lee.<\/p>\n

\u201cAnnualized staking revenues are now projected at $247 million. And this 4.9 million\u00a0ETH is 85% of the 5.78 million ETH held by Bitmine. Bitmine\u2019s own staking operations generated a 7-day yield of 2.67% (annualized),\u201d continued Lee.<\/p>\n

Bitmine\u2019s crypto holdings reign as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc., which reportedly owns 843,775\u00a0BTC valued at approximately $55 billion. Bitmine remains the largest ETH treasury in the world. <\/p>\n

Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $579 million (5-day average, as of July 17, 2026), ranking #187 in the US, behind AirBnB (rank #186) and ahead of Fastenal (rank #188) among 5,704 US-listed stocks (statista.com<\/a> and Fundstrat research).<\/p>\n

Bitmine management believes the GENIUS Act and Securities and Exchange Commission\u2019s (the \u201cSEC\u201d) Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.<\/p>\n

The Chairman\u2019s message can be found here:
https:\/\/www.Bitminetech.io\/chairmans-message<\/a><\/p>\n

The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https:\/\/Bitminetech.io\/investor-relations\/<\/a><\/p>\n

To stay informed, please sign up at: https:\/\/Bitminetech.io\/contact-us\/<\/a><\/p>\n

About Bitmine
<\/b>Bitmine<\/a> (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of \u201cthe alchemy of 5%,\u201d the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.<\/p>\n

For additional details, follow on X:
https:\/\/x.com\/bitmnr<\/a>
https:\/\/x.com\/fundstrat<\/a><\/p>\n

Forward Looking Statements
<\/b>This press release contains statements that constitute \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. These forward-looking statements can be identified by terms such as \u201cexpects,\u201d \u201cprojects,\u201d \u201cprojected,\u201d \u201cintends,\u201d \u201cbelieves,\u201d \u201canticipates,\u201d \u201cestimates,\u201d and similar expressions. This document specifically contains forward-looking statements regarding: (i) the Company\u2019s goals regarding ETH acquisition, including the \u201cAlchemy of 5%\u201d initiative and the statement that Bitmine is 96% of the way to this goal; (ii) the Company\u2019s digital asset accumulation strategy and staking operations, including the statement that Bitmine has 4,917,189 staked ETH representing $9.2 billion, projected annualized ETH staking rewards of approximately $290 million (when Bitmine\u2019s ETH is fully staked by MAVAN and its staking partners), and current projected annualized staking revenues of approximately $247 million; (iii) MAVAN\u2019s intended expansion to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure; (iv) the Company\u2019s continued commitment to acquire ETH weekly under its ETH Treasury Strategy; (v) management\u2019s belief that the GENIUS Act and SEC Project Crypto are as transformational to financial services as US action on August 15, 1971 ending Bretton Woods and the USD gold standard; (vi) expectations regarding the $4 billion share repurchase program and its accretive value to shareholders; (vii) statements regarding the Company\u2019s investment in Eightco Holdings as providing indirect exposure to OpenAI; and (viii) the future growth and advancement of the Company\u2019s Ethereum treasury strategy. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine\u2019s ability to keep pace with new technology and changing market needs; Bitmine\u2019s ability to finance its current business, Ethereum treasury operations, share repurchase activities, and proposed future business; the competitive environment of Bitmine\u2019s business; market conditions affecting the trading price of the Company\u2019s common stock and Series A Preferred Stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of the GENIUS Act and other pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; the performance, reliability, and security of the Company\u2019s staking operations; risks related to AI systems and their impact on cryptocurrency markets; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine\u2019s control, including those set forth in the Risk Factors section of Bitmine\u2019s Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine\u2019s filings with the SEC are available on the SEC\u2019s website at www.sec.gov<\/a>. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.<\/p>\n

\n \"STAKING:\n <\/p>\n

\n \"ALCHEMY\n <\/p>\n

\n \"Bitmine\n <\/p>\n<\/p><\/div>\n

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\ud83d\udd17 Explore More:<\/strong> Check our sections for in-depth guides, exchange reviews, and blockchain technology deep-dives.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\ud83d\udcf0 Exclusive Crypto News & Analysis: Stay ahead with the latest developments in the cryptocurrency and blockchain space. \ud83d\udcc8 Market Update: Real-time price movements, technical analysis, and trading signals. Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the \u2018Alchemy of 5%\u2019 in just 12 …<\/p>\n","protected":false},"author":1,"featured_media":2946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[10],"tags":[],"class_list":["post-2945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/2945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2945"}],"version-history":[{"count":0,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/2945\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/media\/2946"}],"wp:attachment":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}