Bitmine Hits $15.6 Billion in Cryptocurrency Holdings, Ethereum Stakes Soar

Bitmine Immersion Technologies reported its cryptocurrency holdings reached $15.6 billion as of August 30, 2026. The company's holdings include 5,901,112 Ethereum tokens valued at $2,511 per token based on Coinbase pricing.

The ETH holdings represent 4.9% of the total ETH supply of 120.7 million tokens. Bitmine acquired 53,501 ETH over the past week and has purchased ETH for 65 consecutive weeks since launching its ETH Treasury Strategy on June 30, 2025.

Through its MAVAN platform, the company staked 5,067,309 ETH valued at $12.7 billion at current prices. This represents 86% of Bitmine's total Ethereum holdings. The company reported a 7-day annualized staking yield of 2.63%, with projected annualized staking revenues of $335 million.

Chairman Thomas Lee stated that the company acquired ETH each week since inception of its treasury strategy. He also commented on regulatory developments, including an upcoming CLARITY Act vote scheduled for mid-September.