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Bitmine has 3,040,483 staked ETH, representing $6.0 billion at $1,958 per ETH; MAVAN staking solution on track to launch Q1 2026
Bitmine now owns 3.66% of the ETH token supply, over 73% of the way to the 'Alchemy of 5%' in just 7 months
Bitmine recently closed on initial $200 million investment into Beast Industries
Bitmine Crypto + Total Cash Holdings + "Moonshots" total $9.6 billion, including 4.423 million ETH tokens, total cash of $691 million, and other crypto holdings
Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock
Bitmine is the 165th most traded stock in the US, trading $0.7 billion per day (5-day avg)
Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH
LAS VEGAS, Feb. 23, 2026 /PRNewswire/ -- (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash + "moonshots" holdings totaling $9.6 billion.
As of February 22th, 2026 at 6:00pm ET, the Company's crypto holdings are comprised of 4,422,659 ETH at $1,958 per ETH (NASDAQ: COIN), 193 Bitcoin (BTC), $200 million stake in Beast Industries, $17 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $691 million. Bitmine's ETH holdings are 3.66% of the ETH supply (of 120.7 million ETH).
"In the midst of this 'mini crypto winter,' our focus continues to be on methodically executing our treasury strategy and steadily acquiring ETH and in turn, optimizing the yield on our ETH holdings," said Thomas "Tom" Lee, Chairman of Bitmine.
"We discussed this operational strategy in our latest Chairman's message (the link to his message is here). While crypto prices are attempting to find their respective lows, the three fundamental drivers for Ethereum continue to gain traction: (i) Wall Street and their efforts at tokenization; (ii) AI and agentic-AI using smart blockchains for both execution and for collecting payments and (iii) the emerging creator economy and their desire to use blockchains for verification," continued Lee.
"In the past week, we acquired 51,162 ETH," continued Lee. "Bitmine has been steadily buying Ethereum, as we view this pullback as attractive, given the strengthening fundamentals. In our view, the price of ETH is not reflective of the high utility of ETH and its role as the future of finance."
As of February 22, 2026, Bitmine total staked ETH stands at 3,040,483 ($6.0 billion at $1,958 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the ETH staking rewards is $249 million annually (using 2.89% 7-day BMNR yield)," stated Lee.
"Annualized staking revenues are now $171 million. And this 3.0 million ETH is about 69% of the 4.4 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.81%, while Bitmine's own staking operations generated a 7-day yield of 2.89% (annualized). We continue to make progress on our staking solution known as The Made in America VAlidator Network (MAVAN). This will be the 'best-in-class' solution offering secure staking infrastructure and will be deployed in early calendar 2026. Bitmine is currently working with 3 staking providers as the Company moves towards unveiling MAVAN in 2026," continued Lee.
Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which owns 717,131 BTC valued at $49 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $0.7 billion (5-day average, as of February 20, 2026), ranking #165 in the US, behind Carnival Corp (rank #164) and ahead of Northrup Grumman (rank #166) among 5,704 US-listed stocks (statista.com and Fundstrat research).
The GENIUS Act and Securities and Exchange Commission's ("the SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.
The Chairman's message can be found here:
https://www.Bitminetech.io/chairmans-message
The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here:
https://Bitminetech.io/investor-relations/
To stay informed, please sign up at: https://Bitminetech.io/contact-us/
About Bitmine
Bitmine (NYSE AMERICAN: BMNR) is the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company will launch MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in Q1 of 2026.
For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
https://x.com/bmnrintern
Forward Looking Statements
This press release contains statements that constitute "forward-looking statements." The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of Bitmine's business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine's filings with the SEC are available on the SEC's website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Bitmine has 3,040,483 staked ETH, representing $6.0 billion at $1,958 per ETH; MAVAN staking solution on track to launch Q1 2026
Bitmine now owns 3.66% of the ETH token supply, over 73% of the way to the 'Alchemy of 5%' in just 7 months
Bitmine recently closed on initial $200 million investment into Beast Industries
Bitmine Crypto + Total Cash Holdings + "Moonshots" total $9.6 billion, including 4.423 million ETH tokens, total cash of $691 million, and other crypto holdings
Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock
Bitmine is the 165th most traded stock in the US, trading $0.7 billion per day (5-day avg)
Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH
LAS VEGAS, Feb. 23, 2026 /PRNewswire/ -- (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash + "moonshots" holdings totaling $9.6 billion.
As of February 22th, 2026 at 6:00pm ET, the Company's crypto holdings are comprised of 4,422,659 ETH at $1,958 per ETH (NASDAQ: COIN), 193 Bitcoin (BTC), $200 million stake in Beast Industries, $17 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $691 million. Bitmine's ETH holdings are 3.66% of the ETH supply (of 120.7 million ETH).
"In the midst of this 'mini crypto winter,' our focus continues to be on methodically executing our treasury strategy and steadily acquiring ETH and in turn, optimizing the yield on our ETH holdings," said Thomas "Tom" Lee, Chairman of Bitmine.
"We discussed this operational strategy in our latest Chairman's message (the link to his message is here). While crypto prices are attempting to find their respective lows, the three fundamental drivers for Ethereum continue to gain traction: (i) Wall Street and their efforts at tokenization; (ii) AI and agentic-AI using smart blockchains for both execution and for collecting payments and (iii) the emerging creator economy and their desire to use blockchains for verification," continued Lee.
"In the past week, we acquired 51,162 ETH," continued Lee. "Bitmine has been steadily buying Ethereum, as we view this pullback as attractive, given the strengthening fundamentals. In our view, the price of ETH is not reflective of the high utility of ETH and its role as the future of finance."
As of February 22, 2026, Bitmine total staked ETH stands at 3,040,483 ($6.0 billion at $1,958 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the ETH staking rewards is $249 million annually (using 2.89% 7-day BMNR yield)," stated Lee.
"Annualized staking revenues are now $171 million. And this 3.0 million ETH is about 69% of the 4.4 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.81%, while Bitmine's own staking operations generated a 7-day yield of 2.89% (annualized). We continue to make progress on our staking solution known as The Made in America VAlidator Network (MAVAN). This will be the 'best-in-class' solution offering secure staking infrastructure and will be deployed in early calendar 2026. Bitmine is currently working with 3 staking providers as the Company moves towards unveiling MAVAN in 2026," continued Lee.
Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which owns 717,131 BTC valued at $49 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $0.7 billion (5-day average, as of February 20, 2026), ranking #165 in the US, behind Carnival Corp (rank #164) and ahead of Northrup Grumman (rank #166) among 5,704 US-listed stocks (statista.com and Fundstrat research).
The GENIUS Act and Securities and Exchange Commission's ("the SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.
The Chairman's message can be found here:
https://www.Bitminetech.io/chairmans-message
The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here:
https://Bitminetech.io/investor-relations/
To stay informed, please sign up at: https://Bitminetech.io/contact-us/
About Bitmine
Bitmine (NYSE AMERICAN: BMNR) is the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company will launch MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in Q1 of 2026.
For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
https://x.com/bmnrintern
Forward Looking Statements
This press release contains statements that constitute "forward-looking statements." The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of Bitmine's business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine's filings with the SEC are available on the SEC's website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.423 Million Tokens, and Total Crypto and Total Cash Holdings of $9.6 Billion
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.423 Million Tokens, and Total Crypto and Total Cash Holdings of $9.6 Billion
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.423 Million Tokens, and Total Crypto and Total Cash Holdings of $9.6 Billion
Designed for better sleep, smarter storage, and everyday ease
SINGAPORE, Feb. 24, 2026 /PRNewswire/ -- Comfort Furniture has introduced its first Adjustable + Storage (A+S) Bed Frame, a new bedroom solution that combines adjustable comfort with full under-bed storage in a single, integrated design.
This launch brings together the brand's best-selling adjustable bed technology with a lift-up storage system, offering homeowners a smarter way to sleep and store without compromise.
Available Exclusively In-Store as the Dream Stack Bundle
The Adjustable + Storage Bed Frame is available exclusively at Comfort Furniture's showroom under the Dream Stack Bundle, where customers can experience the design, functionality and customisation options in person.
The Kempi Adjustable + Storage Bed Frame is currently available for viewing and purchase. Additional headboard designs, including Ascot and Ripply, will be introduced progressively.
As part of the Dream Stack Bundle, customers who present this exclusive press release in-store will receive $200 off the Adjustable + Storage Bed Frame and mattress.
Customers can also view a product walkthrough of the Kempi Adjustable + Storage Bed Frame on Comfort Furniture's official YouTube channel.
Adjustable Comfort With Practical Everyday Benefits
The A+S Bed Frame features a fully adjustable base with headrest elevation of up to 60 degrees and footrest elevation of up to 40 degrees. It also includes zero-gravity and anti-snore positions to support better sleep comfort.
Beyond rest, the adjustable design supports everyday ease. When both the head and foot sections are fully elevated, the mattress is lifted closer to chest level, reducing strain when changing bedsheets or carrying out routine cleaning tasks.
Lift-Up Storage With Extra-Strong Hydraulic Support
Unlike traditional drawer-based designs, the A+S Bed Frame uses a full lift-up storage system fitted with an extra-strong German gas lift. The hydraulic mechanism supports the combined weight of the mattress and adjustable base, allowing the storage compartment to open smoothly even with heavier loads.
With a storage height of 285mm and a fully enclosed design, the space is ideal for bulky items such as bedding, luggage and seasonal clothing, while helping to keep dust out.
Customisable Design With Long-Term Warranty Support
Comfort Furniture offers an extensive warranty package for the Adjustable + Storage Bed Frame:
- Three years on the hydraulic gas lift
- Five years on the adjustable bed motor
- Ten years on the adjustable bed structure
- Ten years on mattress manufacturer's defects
All parts and labour costs are fully covered during the warranty period, with servicing carried out on-site for added convenience.
About Comfort Furniture
For over 40 years, Comfort Furniture has established its reputation as one of the leading furniture brands in Singapore, serving both residential and corporate clients with a wide-ranging collection that thoughtfully balances comfort, design and contemporary trends. Guided by a customer-centric approach, the brand remains committed to understanding and meeting the evolving needs of its clients while never compromising on quality or comfort. Backed by in-house manufacturing capabilities and a large showroom, Comfort Furniture ensures consistent craftsmanship across its offerings.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Comfort Furniture Introduces Its First Adjustable + Storage Bed Frame
