Bitmine Reveals $15.8B Holdings, 5.96M ETH Exposure

Bitmine Immersion Technologies, Inc., listed on the NYSE as BMNR, has released an update on its holdings. The company reported holding 5.96 million ETH, which represents approximately 4.9% of the total supply. This large exposure to Ethereum is a significant aspect of Bitmine's treasury strategy.

The company's total holdings are valued at $15.8 billion as of September 13, 2026. This balance sheet size has implications for the valuation and risk profile of BMNR equity. The company's marks are priced as of this date.

Bitmine also staked approximately 5.07 million ETH, generating a 7-day annualized yield of 2.62%. Staking locks liquidity but adds an income stream to Bitmine's operations. However, it also introduces operational and slashing risks.