Bitmine Immersion Adds 71,179 ETH, Total Holdings Reach 4.732 Million Tokens

Bitmine Immersion Technologies (BMNR) increased its Ethereum holdings by 71,179 ETH over the past week, bringing total ETH holdings to 4.732 million tokens, equivalent to 3.92% of the total supply. The company’s staked ETH now stands at 3,142,643 tokens, valued at approximately $6.3 billion at $2,005 per ETH, generating an estimated $177 million in annualized staking revenue.

BMNR utilizes the MAVAN (Made in America Validator Network), launched on March 25, 2026, as its primary Ethereum staking solution, focusing on security, performance, and resilience. The company’s total crypto and cash holdings amount to $10.7 billion, including $961 million in cash and $102 million in ORBS, providing exposure to OpenAI.

Market Position and Trading Liquidity

Bitmine leads crypto treasury peers with rapid growth in crypto NAV per share and high BMNR stock trading liquidity. The stock ranks as the 100th most traded in the U.S., with a five-day average of $920 million in daily trading. Institutional support includes investors such as ARK, Founders Fund, Pantera, Kraken, Galaxy Digital, and Thomas “Tom” Lee.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.