Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.596 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 Billion

Bitmine has 3,040,515 staked ETH, representing $6.6 billion at $2,185 per ETH; MAVAN staking solution on track to launch Q1 2026

Bitmine now owns 3.81% of the ETH token supply, over 76% of the way to the 'Alchemy of 5%' in just 8 months

Bitmine increased its investment into Eightco (ticker: $ORBS) by $80 million to support ORBS $50 million purchase of OpenAI equity

ORBS is now the only publicly listed equity in the world to give investor direct exposure to OpenAI

Bitmine acquired 5,000 ETH from the Ethereum Foundation (EF) to enable EF to fund its core operations

Bitmine Crypto + Total Cash Holdings + "Moonshots" total $11.5 billion, including 4.596 million ETH tokens, total cash of $1.2 billion, 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 105th most traded stock in the US, trading $1.0 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, March 16, 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 $11.5 billion.

As of March 15, 2026 at 7:00pm ET, the Company's crypto holdings are comprised of 4,595,562 ETH at $2,185 per ETH (NASDAQ: COIN), 196 Bitcoin (BTC), $200 million stake in Beast Industries, $83 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $1.2 billion. Bitmine's ETH holdings are 3.81% of the ETH supply (of 120.7 million ETH).

"Since the start of the Iran war, crypto prices have outperformed and Ethereum has outperformed the S&P 500 by 2,450bp. This is a meaningful outperformance in a mere two weeks," said Thomas "Tom" Lee, Chairman of Bitmine.

"In our view, higher oil is triggering concerns of slowing growth for the global economy. And when investors worry about growth, they buy 'growth stocks' including MAG7, software and crypto. As the chart below shows, crypto moves in tandem with software stocks." continued Lee.

In the past week, Bitmine also made two strategic moves. First, Bitmine increased its investment in existing "moonshot" Eightco (ticker: $ORBS) by an additional $80 million (link here). ORBS acquired a $50 million equity stake in OpenAI and a $25 million equity stake in Beast Industries. "ORBS is now the only publicly listed equity in the world to give investor direct exposure to OpenAI. OpenAI has a much anticipated IPO in 2026 and investors can now get direct exposure via ORBS. Moreover, we see a lot of synergy between worldchain (proof of human), the leading AI platform (OpenAI) and the world's great content creator, Mr. Beast. Eightco is bringing Cathie Wood's ARK on as a strategic advisor further increasing the appeal of ORBS."

Second, Bitmine acquired 5,000 ETH from the Ethereum Foundation (EF, link here) enabling the EF to fund its core operations. "Bitmine acquired the ETH to demonstrate our support for the goals and operations of EF and enabled EF to raise capital without having to sell its ETH in the open market."

"Bitmine has slightly increased the pace of ETH buys in each of the past two weeks, as our base case is ETH is in the final stages of the 'mini-crypto winter.' In the past week, we acquired 60,999 ETH compared to an average of 45k to 50k weekly recently," stated Lee.

As of March 15, 2026, Bitmine total staked ETH stands at 3,040,515 ($6.6 billion at $2,185 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 $272 million annually (using 2.81% 7-day BMNR yield)," stated Lee.

"Annualized staking revenues are now $180 million. And this 3.0 million ETH is about 66% of the 4.6 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.79%, while Bitmine's own staking operations generated a 7-day yield of 2.81% (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 738,731 BTC valued at $53 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 $1.0 billion (5-day average, as of March 13, 2026), ranking #105 in the US, behind Nike (rank #104) and ahead of Starbucks (rank #106) 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 a Bitcoin miner with operations in the US. The company is deploying its excess capital to be 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 3,040,515 staked ETH, representing $6.6 billion at $2,185 per ETH; MAVAN staking solution on track to launch Q1 2026

Bitmine now owns 3.81% of the ETH token supply, over 76% of the way to the 'Alchemy of 5%' in just 8 months

Bitmine increased its investment into Eightco (ticker: $ORBS) by $80 million to support ORBS $50 million purchase of OpenAI equity

ORBS is now the only publicly listed equity in the world to give investor direct exposure to OpenAI

Bitmine acquired 5,000 ETH from the Ethereum Foundation (EF) to enable EF to fund its core operations

Bitmine Crypto + Total Cash Holdings + "Moonshots" total $11.5 billion, including 4.596 million ETH tokens, total cash of $1.2 billion, 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 105th most traded stock in the US, trading $1.0 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, March 16, 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 $11.5 billion.

As of March 15, 2026 at 7:00pm ET, the Company's crypto holdings are comprised of 4,595,562 ETH at $2,185 per ETH (NASDAQ: COIN), 196 Bitcoin (BTC), $200 million stake in Beast Industries, $83 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $1.2 billion. Bitmine's ETH holdings are 3.81% of the ETH supply (of 120.7 million ETH).

"Since the start of the Iran war, crypto prices have outperformed and Ethereum has outperformed the S&P 500 by 2,450bp. This is a meaningful outperformance in a mere two weeks," said Thomas "Tom" Lee, Chairman of Bitmine.

"In our view, higher oil is triggering concerns of slowing growth for the global economy. And when investors worry about growth, they buy 'growth stocks' including MAG7, software and crypto. As the chart below shows, crypto moves in tandem with software stocks." continued Lee.

In the past week, Bitmine also made two strategic moves. First, Bitmine increased its investment in existing "moonshot" Eightco (ticker: $ORBS) by an additional $80 million (link here). ORBS acquired a $50 million equity stake in OpenAI and a $25 million equity stake in Beast Industries. "ORBS is now the only publicly listed equity in the world to give investor direct exposure to OpenAI. OpenAI has a much anticipated IPO in 2026 and investors can now get direct exposure via ORBS. Moreover, we see a lot of synergy between worldchain (proof of human), the leading AI platform (OpenAI) and the world's great content creator, Mr. Beast. Eightco is bringing Cathie Wood's ARK on as a strategic advisor further increasing the appeal of ORBS."

Second, Bitmine acquired 5,000 ETH from the Ethereum Foundation (EF, link here) enabling the EF to fund its core operations. "Bitmine acquired the ETH to demonstrate our support for the goals and operations of EF and enabled EF to raise capital without having to sell its ETH in the open market."

"Bitmine has slightly increased the pace of ETH buys in each of the past two weeks, as our base case is ETH is in the final stages of the 'mini-crypto winter.' In the past week, we acquired 60,999 ETH compared to an average of 45k to 50k weekly recently," stated Lee.

As of March 15, 2026, Bitmine total staked ETH stands at 3,040,515 ($6.6 billion at $2,185 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 $272 million annually (using 2.81% 7-day BMNR yield)," stated Lee.

"Annualized staking revenues are now $180 million. And this 3.0 million ETH is about 66% of the 4.6 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.79%, while Bitmine's own staking operations generated a 7-day yield of 2.81% (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 738,731 BTC valued at $53 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 $1.0 billion (5-day average, as of March 13, 2026), ranking #105 in the US, behind Nike (rank #104) and ahead of Starbucks (rank #106) 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 a Bitcoin miner with operations in the US. The company is deploying its excess capital to be 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.

 

 

 

 

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.596 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 Billion

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.596 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 Billion

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.596 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 Billion

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.596 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 Billion

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.596 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 Billion

NEW YORK, March 16, 2026 /PRNewswire/ -- Dream Pairs is proud to introduce the Dreamy Collection, a thoughtfully curated lineup of heels, sandals, pumps, flats, and boots designed for women who navigate life with style and ease. From the office to city streets, celebrations, and everyday moments, each piece combines fashion-forward design with all-day comfort, creating footwear that moves seamlessly with modern lifestyles.

Blending refined silhouettes with comfort-focused design, the Dreamy Collection reflects Dream Pairs' commitment to making elevated, trend-driven footwear accessible — without compromising on wearability. From sharply tailored pumps that enhance professional wardrobes to statement heels that brighten special occasions, every design strikes the perfect balance between style and practicality.

Organized into four distinctive capsules — The Tailored Edit, The City Edit, The Celebration Edit, and The Repeat Pair — the collection offers a complete wardrobe of versatile footwear. Each style embodies Dream Pairs' signature philosophy: fashion-led design grounded in thoughtful comfort details like cushioned insoles, stable heel constructions, and adaptable silhouettes. Whether dressing for a busy workday, a night out, or a casual outing, the Dreamy Collection delivers pieces designed to empower women to move confidently and stylishly through every moment.

The Tailored Edit: Polished Essentials for Modern Professional Style

Designed for refined sophistication, The Tailored Edit features sleek pumps, elegant slingbacks, and minimalist heels created for women who appreciate clean lines and timeless polish. With pointed toes, sculptural heels, and soft cushioning, these designs balance office-ready professionalism with effortless elegance.

Kaelin Slingback Kitten Heels

A refined pointed-toe silhouette with a sleek slingback strap instantly elevates everyday outfits. Set on a comfortable 1.77-inch kitten heel with cushioned support and a quiet heel cap, Kaelin offers subtle height and stability while maintaining an effortlessly polished appearance for workdays or evenings out.

Bow Slingback Kitten Heels

Elegant and feminine, these pointed-toe slingbacks feature a delicate bow accent and a graceful 2.17-inch kitten heel. Soft lining and supportive cushioning ensure comfort throughout the day, while the refined design pairs effortlessly with dresses, skirts, or tailored trousers.

Bow Kitten Heel Mule Sandals

Delicate bow accents paired with a graceful 2.36-inch kitten heel create a feminine silhouette that transitions easily from daytime outings to relaxed evening gatherings.

Audrella Bow Strappy Heeled Sandals

Designed for romantic occasions, this elegant sandal pairs a square open-toe silhouette with delicate bow detailing for a soft, feminine look. A graceful 2.95-inch kitten heel subtly elongates the legs, while cushioned support and a non-slip outsole provide stability for weddings, garden parties, and evening celebrations.

Ketta Strappy Heels

With slim crossover straps and a sleek square toe, these minimalist heels deliver understated sophistication. The 2.16-inch kitten heel provides an elegant lift while remaining comfortable for all-day wear. A cushioned PU foam insole and adjustable back strap ensure a secure, supportive fit that easily complements both casual and formal wardrobes.

Woven Ballet Flats

Hand-woven detailing and a breathable upper lend artisanal charm to these classic Mary Jane flats. Cushioned comfort and adjustable straps make them an effortless everyday option that balances elegance and practicality.

The City Edit: Trend-Forward Silhouettes for Urban Energy

Bold and fashion-driven, The City Edit captures the vibrant energy of contemporary street style. Featuring statement heels, platform sandals, and trend-led boots, the series embraces confident proportions and modern design details.

Dara Platform Heels

With a striking 4.49-inch block heel and 1.06-inch platform, Dara delivers dramatic height while remaining surprisingly lightweight thanks to its ultra-light BPU platform construction. Cushioned insoles and slip-resistant outsoles provide comfort and stability for nights out, celebrations, and special occasions.

Brynn Knee-High Boots

These chic square-toe boots blend timeless style with everyday practicality. Featuring a comfortable 1.8-inch heel and a convenient side zipper, Brynn pairs effortlessly with jeans, skirts, or dresses, making it a versatile wardrobe staple across seasons.

Lariat Knee-High Boots

Inspired by vintage western aesthetics, these boots feature intricate embroidered detailing and a structured square toe that adds distinctive character to everyday outfits. The slip-on silhouette simplifies styling, while soft lining and supportive cushioning provide breathable comfort.

Western Stitching Knee-High Boots

Combining retro-inspired design with modern versatility, these tall boots showcase elegant embroidered accents and a fashion-forward square toe. A supportive block heel and lightweight outsole create dependable stability, making the style easy to pair with dresses, skirts, or denim.

The Celebration Edit: Statement Footwear for Nights That Shine

Created for weddings, parties, and special celebrations, The Celebration Edit embraces glamour through dazzling embellishments, striking heels, and unforgettable silhouettes. Each design captures the confidence and sparkle of unforgettable moments.

AURELIA Platform Closed-Toe Block Heels

Featuring a bold 5.5-inch heel and sturdy platform, these statement heels combine dramatic height with supportive structure, ideal for special occasions and fashion-forward styling.

Lilienne Double Bowknots Rhinestone Heels

Adorned with shimmering rhinestones that catch the light with every step, these elegant heels feature a square toe and 2.95-inch stiletto heel for a glamorous yet comfortable fit. Ideal for weddings, parties, and formal occasions.

Brielle Rhinestone Bow Crystal Straps Square-Toe Heels

A glittering rhinestone bow and crystal straps make these striking stilettos a true showstopper. The sleek 3.94-inch heel elongates the silhouette while cushioned padding ensures comfort through long celebrations.

The Repeat Pair: Elevated Everyday Footwear

The Repeat Pair series focuses on versatile styles designed to become everyday favorites — easy to wear, easy to style, and built for daily comfort.

Lattie Platform Block Heel Mule Sandals

A modern square-toe platform sandal with lightweight construction and soft cushioning, perfect for relaxed summer styling and everyday wear.

Indie Chunky Block Strappy Heels

Defined by slim straps and a modern square-toe silhouette, this strappy heel offers a sophisticated look suitable for weddings, work events, or evenings out. A sturdy block heel and cushioned insole provide reliable comfort for extended wear.

Low Block-Heel Sandals

This sleek mule features a minimalist one-strap upper and contemporary square toe that pairs easily with both office attire and casual looks. A comfortable block heel and cushioned footbed provide balanced support for everyday wear.

A Collection Designed for Every Moment

From polished office pumps to glamorous evening heels and versatile everyday styles, the Dreamy Collection reflects Dream Pairs' dedication to blending contemporary fashion with wearable comfort. Each design is thoughtfully created to support women as they move confidently through different moments of their day — from professional settings and city commutes to celebrations and casual outings. With refined silhouettes, supportive cushioning, and versatile styling, the Dreamy Collection proves that elegance, comfort, and accessibility can coexist beautifully. The result is footwear that not only complements modern wardrobes but also empowers women to express their personal style with confidence and ease.

Availability

The Dreamy Collection is now available across Amazon, the official website, and Dream Pairs' retail stores.

About Dream Pairs

Established in 2009, Dream Pairs is dedicated to empowering women to freely express themselves through fashion. The brand consistently pushes the boundaries of modern fashion footwear with its curated collections, offering stylish and trend-focused designs at accessible prices. Dream Pairs believes in making style inclusive and approachable, providing footwear inspired by runway trends and current inspirations. By far, Dream Pairs has garnered the trust of over 20 million customers, selling more than 50 million pairs of shoes worldwide and consistently ranking as the #1 seller in various categories on Amazon. With an expanding network of brick-and-mortar stores and a robust online presence on platforms such as Amazon, Walmart, Shein, JustFab, TikTok, and its official website, Dream Pairs stands out by consistently delivering high-quality, fashionable footwear tailored for every occasion and every need, all at accessible prices.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Dream Pairs Launches the Dreamy Collection: Elevated Footwear Designed for Every Moment