Bitmine reports 5.93 million ETH holdings, total assets of $15.7B
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Bitmine Immersion Technologies, Inc. (NYSE: BMNR) reported holdings of 5,929,198 Ethereum tokens as of September 7, 2026, representing 4.9% of the total ETH supply of 122.0 million tokens, according to a company press release.
At a price of $2,495 per ETH, the company's total crypto holdings, cash, marketable securities, and other investments were valued at $15.7 billion. That figure includes $593 million in total cash and marketable securities, 211 Bitcoin, a $180 million stake in Beast Industries, and a $91 million stake in Eightco Holdings (NASDAQ: ORBS).
Bitmine said 5,067,309 of its ETH tokens are staked, valued at approximately $12.6 billion at current prices. The company reported a 7-day annualized staking yield of 2.61% and said current annualized staking revenues are projected at $330 million. At full scale, projected annualized staking rewards are estimated at $386 million.
The company said it acquired 28,086 ETH over the past week and has purchased ETH every week since launching its ETH treasury strategy on June 30, 2025.
Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026. The company's Series A Preferred Stock trades on the NYSE under the symbol BMNP.
According to data cited from Fundstrat, Bitmine's stock had an average daily dollar trading volume of $1.10 billion over the five days ending September 4, 2026, ranking 81st among 5,704 U.S.-listed stocks.
Tom DeMark, a capital markets advisor to Bitmine, said in the release: "In August, ETH moved sideways without a downside break and the 12-day metric expired, which implies a renewal of the upside move. We believe this further supports the continuation of the prior uptrend."
Thomas Lee, Chairman of Bitmine, noted that the company's common stock rose 99% quarter to date through the period ending September 7, compared to a 3% gain for the Russell 1000 benchmark.
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