Bitmine Immersion Technologies Amasses Record-Breaking $15.7 Billion Crypto Holdings
Bitmine Immersion Technologies (BMNR) has announced its Ethereum holdings have reached 5.93 million tokens, accounting for 4.9% of the total ETH supply of 122 million tokens.
The company's crypto and cash holdings now total $15.7 billion, including a $593 million stake in Beast Industries and a $91 million stake in Eightco Holdings (NASDAQ: ORBS).
Bitmine's Chairman, Thomas 'Tom' Lee, stated that the outperformance of ETH is reflective of its position as the best-performing macro asset in Q3 2026 to date, outperforming the S&P 500 by 5,430bp.
The company remains supported by a premier group of institutional investors, including ARK's Cathie Wood and Pantera, who believe that ETH is poised for significant growth in the coming months.
Bitmine has staked more ETH than any other entity, with 5.07 million tokens valued at $12.6 billion currently staked on the MAVAN platform.