Bitmine Reports $15.6 Billion in Cryptocurrency Holdings
Bitmine Immersion Technologies, Inc., has reported its cryptocurrency holdings as of August 30, 2026. The company's total holdings amount to $15.6 billion and include 5,901,112 Ethereum tokens valued at $2,511 per token based on Coinbase pricing.
This represents 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.
The company has staked 5,067,309 ETH through its MAVAN platform, valued at $12.7 billion at current prices. This represents 86% of Bitmine's total Ethereum holdings and has generated a 7-day annualized staking yield of 2.63%, with projected annualized staking revenues of $335 million.
Bitmine operates blockchain technology infrastructure including institutional digital asset staking, validation services, and Bitcoin mining operations. The company was added to the Russell 1000 Large-cap index on June 26, 2026.