Bitmine Crypto Holdings Reach $15.8 Billion Amid Ethereum Price Surge
Bitmine Immersion Technologies, Inc., a blockchain technology infrastructure company, has announced that its crypto and cash holdings amount to $15.8 billion as of September 13, 2026. This includes 5.96 million ETH tokens valued at approximately $12.7 billion, total cash and marketable securities totaling $549 million, and other crypto holdings.
Bitmine's stake in Eightco (NASDAQ: ORBS) is worth $98 million, making it one of the few publicly listed equities that provides indirect exposure to OpenAI.
According to Tom Lee, Chairman of Bitmine, the price ratio of ETH to BTC has reached its highest level since January 30th of this year and established a new uptrend. This reflects Ethereum's strengthened position as the settlement rails for Wall Street tokenization and the increased realization that Ethereum may play a critical central role in managing agentic-AI.
Bitmine has been consistently buying ETH every week since June 2025, with a total of 5,067,309 staked ETH generating an annualized yield of $392 million. The company's own staking operations have generated a 7-day yield of 2.62% (annualized).