Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.18 Million Tokens, and Total Crypto and Total Cash Holdings of $13.1 Billion

Bitmine owns more than 4.29% of the total ETH coin supply of 120.7 million

Bitmine is 86% of the way to the 'Alchemy of 5%' in just 10 months

Crypto Spring has commenced and like past cycles, investor sentiment and conviction are muted and bearish even as crypto prices strengthen

Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains

Bitmine uplisted to the New York Stock Exchange ("NYSE") from the NYSE American effective as of April 9, 2026

Bitmine has 4,362,757 staked ETH, representing $10.2 billion at $2,336 per ETH

MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience

Bitmine owns $83 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI

Bitmine Crypto + Total Cash Holdings + "Moonshots" total $13.1 billion, including 5.18 million ETH tokens, total cash of $700 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 173rd most traded stock in the US, trading $625 million 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

NORWALK, Conn., May 4, 2026 /PRNewswire/ -- (NYSE: 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 $13.1 billion.

The Company recently announced its uplisting to the New York Stock Exchange ("NYSE") from the NYSE American on April 9, 2026. The Company's common stock continues to trade under the symbol "BMNR".

As of May 3, 2026 at 4:30pm ET, the Company's crypto holdings are comprised of 5,180,131 ETH at $2,336 per ETH (Coinbase NASDAQ: COIN), 200 Bitcoin (BTC), $200 million stake in Beast Industries, $83 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $700 million. Bitmine's ETH holdings are 4.29% of the ETH supply (of 120.7 million ETH).

"The U.S. Senate released the CLARITY Act compromise text, and while it bans stablecoin yield on reserves, activity-based 'rewards' can be offered, in an attempt to balance the needs to protect existing depository institutions (aka traditional banks). This compromise is largely acceptable to us, and we hope to see this bill passed in 2026," stated Thomas "Tom" Lee, Chairman of Bitmine. "The prediction markets (polymarket.com) now see >60% chance of passage in 2026, the highest probabilities in more than a month."

"Crypto Spring, in our view, has commenced and like past cycles, investor sentiment and conviction are muted and bearish even as crypto prices strengthen. We believe the potential passage, or even failure, of the CLARITY Act confirms the arrival of crypto spring. As for the upcoming drivers of crypto gains, Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains," said Lee.

"Ethereum remains the most widely used and reliable smart contract blockchains for tokenization and well suited for the upcoming rise of agentic commerce. And increasingly, we believe ETH will be viewed as both a store of value and a unit of exchange. This role for ETH has arguably been demonstrated by its outperformance since the Iran War commenced. ETH has outperformed the S&P 500 by 1,380 basis points since the war started and remains one of the top performing assets in the world (beside crude oil prices)," stated Lee.

"Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case ETH is in the final stages of the 'mini-crypto winter.' In the past week, we acquired 101,745 ETH, continuing our aggressive accumulation strategy," stated Lee.

Bitmine recently launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform.

As of May 3, 2026, Bitmine total staked ETH stands at 4,362,757 ($10.2 billion at $2,336 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 projected ETH staking reward is $352 million annually (using 2.91% 7-day BMNR yield)," stated Lee.

"Annualized staking revenues are now $297 million. And this 4.4 million ETH is over 84% of the 5.18 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.91% (annualized)," continued Lee.

Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 818,334 BTC valued at $64.2 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 $625 million (5-day average, as of May 1, 2026), ranking #173 in the US, behind Cheniere Energy (rank #172) and ahead of DoorDash (rank #174) 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: 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 launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat

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: (i) progress and achievement of the Company's goals regarding ETH acquisition, including the 'Alchemy of 5%' initiative and the long-term value of Ethereum; (ii) the Company's beliefs regarding Ethereum's performance relative to other assets, including its characterization as a "wartime store of value" and its performance during geopolitical events; (iii) the Company's expectations regarding the current state and future trajectory of the cryptocurrency market, including statements that ETH may be in the "final stages of the mini-crypto winter"; (iv) continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company; (v) the Company's share repurchase program, including statements regarding shares trading below intrinsic value, the Company's ability to accretively retire common shares, and the execution of repurchases through open market transactions; (vi) the Company's digital asset accumulation strategy and staking operations, including MAVAN, its expansion to serve institutional investors, custodians, and ecosystem partners, and projected annual staking revenues and rewards; (vii) statements regarding the benefits of Wall Street tokenization on the blockchain and agentic AI systems utilizing public blockchains; (viii) expectations regarding the potential impact of regulatory developments, including the GENIUS Act and SEC Project Crypto, on financial services and digital assets; and (ix) the Company's financial flexibility to support its treasury operations and expanded repurchase authorization. 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, share repurchase program, and proposed future business; the competitive environment of Bitmine's business; market conditions affecting the trading price of the Company's common stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; geopolitical events and their impact on cryptocurrency markets; the volatility and unpredictability of digital asset prices; 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.

 

 

 

 

 

 

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Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.18 Million Tokens, and Total Crypto and Total Cash Holdings of $13.1 Billion

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.18 Million Tokens, and Total Crypto and Total Cash Holdings of $13.1 Billion

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.18 Million Tokens, and Total Crypto and Total Cash Holdings of $13.1 Billion

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.18 Million Tokens, and Total Crypto and Total Cash Holdings of $13.1 Billion

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.18 Million Tokens, and Total Crypto and Total Cash Holdings of $13.1 Billion

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.18 Million Tokens, and Total Crypto and Total Cash Holdings of $13.1 Billion

JAKARTA, Indonesia, June 19, 2026 /PRNewswire/ -- As global legal complexity intensifies alongside rapid digital transformation and rising international standards, the quality of Indonesia's legal profession is becoming an increasingly important determinant of the country's competitiveness. The message took center stage at the Hukumonline Practice Leaders 2026 and Top 100 Indonesian Law Firms 2026 awards ceremony held at Raffles Jakarta.

Syamsul Maarif, Chief of the Development Chamber of the Supreme Court of Indonesia, said the future of Indonesia's legal system would depend not merely on technological sophistication or an expanding regulatory framework, but on the integrity and professionalism of the entire legal ecosystem, including lawyers and law firms.

"In the legal profession, there are at least three forces that guide every decision we make: reason, instinct, and conscience," Maarif said in his keynote address, titled Dignified Justice: From Digital Innovation to Global Standards Amid Legal Complexity.

Maarif said reason allows legal professionals to approach legal issues with clarity and rational judgment, while instinct helps them navigate changing circumstances and contextual nuances. Conscience, meanwhile, serves as a moral compass, reminding practitioners that behind every legal matter are individuals whose lives may be affected by the decisions they make.

For that reason, he said, intellectual capability alone is insufficient. The effective use of knowledge and technology must be guided by wisdom, ethical judgment, and a commitment to human values.

At an event themed "Leading Beyond Complexity: Indonesia's Global Legal Edge," Maarif said Indonesia's legal system is increasingly aligned with global standards. He highlighted the Supreme Court's digital transformation initiatives, including e-Court, e-Litigation, and other integrated judicial services, as key measures aimed at improving transparency, accountability, and access to justice across the judiciary.

The Supreme Court and courts nationwide handled more than three million cases in 2025, resolving approximately 97 percent of them. Syamsul said the achievement underscores the growing maturity of the judiciary's digital transformation and its impact on the efficiency of court services.

However, he cautioned that modernization extends beyond the adoption of new technologies. Any transformation of the legal system, he said, must be grounded in integrity and guided by the principles of substantive justice.

Maarif also pointed to Indonesia's deepening integration with the international legal community. Developments such as the recognition of Indonesian court decisions in foreign jurisdictions, Indonesia's accession to the Hague Conference on Private International Law (HCCH), and plans to establish the Indonesia Financial Center (IFC) signal a more interconnected legal landscape and increasingly complex cross-border challenges for the country's legal profession.

In this increasingly interconnected environment, Indonesian law firms have a strategic role to play in raising service standards, strengthening specialist expertise, and developing the capabilities required to meet the evolving needs of clients at home and abroad.

"I congratulate all law firms recognized in this year's Practice Leaders and Top 100 Indonesian Law Firms rankings. This recognition reflects the professionalism, dedication, and hard work they have demonstrated," Maarif said.

He expressed hope that the recognition would encourage law firms to continue upholding professional integrity, enhancing service quality, and pursuing innovations that deliver meaningful benefits to society.

Hukumonline Chief Executive Officer Arkka Dhiratara said the awards ceremony was not merely a celebration of achievement, but also an opportunity to recognize the resilience and adaptability of Indonesian law firms as they respond to an increasingly dynamic and fast-changing landscape.

"Ultimately, a law firm's success is measured not only by its reputation or scale, but by its ability to earn trust, deliver solutions, and create meaningful value for clients," Dhiratara said.

Dhiratara said businesses and legal professionals are navigating an increasingly challenging landscape shaped by economic headwinds, geopolitical uncertainty, evolving global trade dynamics, and the rapid rise of artificial intelligence. As a result, clients are demanding more than technical legal expertise, expecting advice that is delivered with greater speed, strategic insight, and operational efficiency.

Despite the headwinds, Dhiratara said the outlook for Indonesia's legal profession remains strong. Growth in investment, the acceleration of digital transformation, and heightened demand for governance, compliance, and risk management are creating significant opportunities for law firms and legal professionals.

Hukumonline noted that an increasing number of Indonesian law firms are strengthening their market positions by deepening specialist expertise, investing in technology, and adopting service models that place greater emphasis on client needs. Collaboration has also become a defining feature of the legal market, with firms increasingly partnering on cross-border transactions, international disputes, and large-scale domestic matters.

Against this backdrop, Hukumonline continues to present its Practice Leaders and Top 100 Indonesian Law Firms awards, Dhiratara said. Now in its ninth year, the annual program recognizes legal professionals and law firms that have distinguished themselves through excellence in client service, professional leadership, and contributions to the development of Indonesia's legal sector.

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Indonesia's Supreme Court Urges Lawyers to Uphold Reason, Instinct, and Conscience Amid Growing Legal Complexity