Bitmine ETH Holdings Surpass 5.8M Tokens, Total Value Tops $11B

Bitmine Immersion Technologies, Inc. (BMNR) has announced its ETH holdings have reached 5.82 million tokens, making it one of the largest Ethereum treasuries in the world.

The company's total crypto and cash holdings now stand at $11.4 billion, with a significant portion dedicated to Ethereum staking through its platform MAVAN (Made in America VAlidator Network).

As of August 16, 2026, Bitmine has staked 5.067 million ETH on the MAVAN platform, generating an annualized yield of $287 million. This is a major milestone for the company, which aims to accumulate 5% of the total ETH supply.