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Bitmine owns more than 4.47% of the total ETH coin supply of 120.7 million
Bitmine is 89% of the way to the 'Alchemy of 5%' in just 11 months
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 4,712,917 staked ETH, representing $10.1 billion at $2,134 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 $95 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 $12.3 billion, including 5.39 million ETH tokens, total cash of $444 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 193rd most traded stock in the US, trading $572 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 26, 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 $12.3 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 25, 2026 at 1:00pm ET, the Company's crypto holdings are comprised of 5,390,404 ETH at $2,134 per ETH (Coinbase NASDAQ: COIN), 203 Bitcoin (BTC), $200 million stake in Beast Industries, $95 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $444 million. Bitmine's ETH holdings are 4.47% of the ETH supply (of 120.7 million ETH).
On May 11, 2026, Bitmine released the latest Chairman's Message (link here) for May 2026.
"We continue to expect a supercycle ahead for crypto and Ethereum, driven by the dual drivers of Wall Street tokenization and agentic-AI. And thus, we continue to steadily acquire ETH, with Bitmine now owning nearly 5.4 million ETH tokens," stated Thomas "Tom" Lee, Chairman of Bitmine.
"Over the past week, we acquired 111,942 ETH. We view the recent pullback of ETH to below $2,200 as an attractive opportunity. Bitmine is expected to reach the 'alchemy of 5%' sometime in 2026," 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 25, 2026, Bitmine total staked ETH stands at 4,712,917 ($10.1 billion at $2,134 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 $276 million annually (using 2.75% 7-day BMNR yield)," stated Lee.
"Annualized staking revenues are now $276 million. And this 4.7 million ETH is over 87% of the 5.39 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.75% (annualized)," continued Lee.
Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 818,869 BTC valued at $64.1 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 $572 million (5-day average, as of May 22, 2026), ranking #193 in the US, behind Trane Technologies (rank #192) and ahead of Delta Airlines (rank #194) 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 expectation that Bitmine will reach this goal in 2026; (ii) the Company's expectations regarding the cryptocurrency market, including the expectation of a supercycle ahead for crypto and Ethereum driven by Wall Street tokenization and agentic AI; (iii) continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company; (iv) 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 of $276 million; (v) statements regarding the benefits of Wall Street tokenization on the blockchain and agentic AI systems increasingly needing public and neutral blockchains; (vi) expectations regarding the potential impact of regulatory developments, including the GENIUS Act and SEC Project Crypto, on financial services and digital assets; and (vii) the Company's characterization of market conditions as an attractive opportunity for ETH acquisition. 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; 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; 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.
Bitmine owns more than 4.47% of the total ETH coin supply of 120.7 million
Bitmine is 89% of the way to the 'Alchemy of 5%' in just 11 months
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 4,712,917 staked ETH, representing $10.1 billion at $2,134 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 $95 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 $12.3 billion, including 5.39 million ETH tokens, total cash of $444 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 193rd most traded stock in the US, trading $572 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 26, 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 $12.3 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 25, 2026 at 1:00pm ET, the Company's crypto holdings are comprised of 5,390,404 ETH at $2,134 per ETH (Coinbase NASDAQ: COIN), 203 Bitcoin (BTC), $200 million stake in Beast Industries, $95 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $444 million. Bitmine's ETH holdings are 4.47% of the ETH supply (of 120.7 million ETH).
On May 11, 2026, Bitmine released the latest Chairman's Message (link here) for May 2026.
"We continue to expect a supercycle ahead for crypto and Ethereum, driven by the dual drivers of Wall Street tokenization and agentic-AI. And thus, we continue to steadily acquire ETH, with Bitmine now owning nearly 5.4 million ETH tokens," stated Thomas "Tom" Lee, Chairman of Bitmine.
"Over the past week, we acquired 111,942 ETH. We view the recent pullback of ETH to below $2,200 as an attractive opportunity. Bitmine is expected to reach the 'alchemy of 5%' sometime in 2026," 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 25, 2026, Bitmine total staked ETH stands at 4,712,917 ($10.1 billion at $2,134 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 $276 million annually (using 2.75% 7-day BMNR yield)," stated Lee.
"Annualized staking revenues are now $276 million. And this 4.7 million ETH is over 87% of the 5.39 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.75% (annualized)," continued Lee.
Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 818,869 BTC valued at $64.1 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 $572 million (5-day average, as of May 22, 2026), ranking #193 in the US, behind Trane Technologies (rank #192) and ahead of Delta Airlines (rank #194) 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 expectation that Bitmine will reach this goal in 2026; (ii) the Company's expectations regarding the cryptocurrency market, including the expectation of a supercycle ahead for crypto and Ethereum driven by Wall Street tokenization and agentic AI; (iii) continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company; (iv) 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 of $276 million; (v) statements regarding the benefits of Wall Street tokenization on the blockchain and agentic AI systems increasingly needing public and neutral blockchains; (vi) expectations regarding the potential impact of regulatory developments, including the GENIUS Act and SEC Project Crypto, on financial services and digital assets; and (vii) the Company's characterization of market conditions as an attractive opportunity for ETH acquisition. 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; 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; 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.
** 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 5.39 Million Tokens, and Total Crypto and Total Cash Holdings of $12.3 Billion
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.39 Million Tokens, and Total Crypto and Total Cash Holdings of $12.3 Billion
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.39 Million Tokens, and Total Crypto and Total Cash Holdings of $12.3 Billion
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DUBAI, UAE, May 26, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, commemorated Bitcoin Pizza Day 2026 across the UAE and Morocco with the region's crypto community and institutional partners, reflecting the company's commitment to growing with and contributing to MENA's digital asset ecosystem.
From May 21 to 22, Bybit's MENA team made physical pizza deliveries across Dubai's financial centers, including the Dubai Multi Commodities Centre (DMCC) and the Dubai International Financial Centre (DIFC). Surprising key partners in their offices, Bybit took the opportunity to celebrate with Dubai's crypto builders, innovators, and visionaries. Slices and tales were shared in a tribute to the most expensive dough in BTC history, when an early holder paid 10,000 BTC for a pizza.
"We wanted to step away from the screen and connect with the people and institutions we work with every day," said Derek Dai, Head of Bybit MENA. "Bitcoin Pizza Day has evolved from a meme to a reminder to the digital asset community of the value in the human touch. For our Bybit teams in the UAE and Morocco, it was about recognizing that real relationships and trust are the foundation of everything we're building in this region."
The conversations went beyond business metrics to explore what crypto adoption really means for the region, the opportunities, the challenges, and the shared responsibility in enriching an ecosystem that benefits everyone.
The following day in Abu Dhabi, Bybit hosted a gathering for traders, creators, and community members who have been part of the MENA crypto journey. The event was a celebration of the people driving adoption and innovation in the region. Attendees shared their experiences over live wood-fired pizza and an AI-powered photo booth experience, discussing the evolution of BTC since 2010, and reflecting on what the next chapter of cryptocurrency might look like.
In Casablanca, Bybit brought BTC Pizza Day directly to the neighborhood through a partnership with a local pizza shop, which had a hosted Bybit stand for the day. Bybit's Builder community and the Bybit team celebrated the occasion at the pizzeria, connecting over shared passion for gourmet pizza and digital assets.
Bitcoin Pizza Day is celebrated globally by the crypto community to highlight the value of patience. Set in Dubai and Abu Dhabi, the Bybit initiatives echo the UAE's early commitment to progressive regulations and support for blockchain innovation. The UAE has created an environment where cryptocurrency innovation can flourish responsibly. Progressive regulatory frameworks, institutional support, and a forward-thinking approach from both Dubai and Abu Dhabi have attracted builders, traders, and innovators from across the world.
"The UAE is building something special," Derek Dai said. "Bybit is proud to be supporting that vision by showing up, listening to our community, and proving through our actions that we're here for the long term. That's what Bitcoin Pizza Day meant to us this year."
As a committed partner to the MENA region's digital asset ecosystem, Bybit continues to invest in initiatives that strengthen institutional relationships and empower local communities.
#Bybit / #CryptoArk / #NewFinancialPlatform
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
DUBAI, UAE, May 26, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, commemorated Bitcoin Pizza Day 2026 across the UAE and Morocco with the region's crypto community and institutional partners, reflecting the company's commitment to growing with and contributing to MENA's digital asset ecosystem.
From May 21 to 22, Bybit's MENA team made physical pizza deliveries across Dubai's financial centers, including the Dubai Multi Commodities Centre (DMCC) and the Dubai International Financial Centre (DIFC). Surprising key partners in their offices, Bybit took the opportunity to celebrate with Dubai's crypto builders, innovators, and visionaries. Slices and tales were shared in a tribute to the most expensive dough in BTC history, when an early holder paid 10,000 BTC for a pizza.
"We wanted to step away from the screen and connect with the people and institutions we work with every day," said Derek Dai, Head of Bybit MENA. "Bitcoin Pizza Day has evolved from a meme to a reminder to the digital asset community of the value in the human touch. For our Bybit teams in the UAE and Morocco, it was about recognizing that real relationships and trust are the foundation of everything we're building in this region."
The conversations went beyond business metrics to explore what crypto adoption really means for the region, the opportunities, the challenges, and the shared responsibility in enriching an ecosystem that benefits everyone.
The following day in Abu Dhabi, Bybit hosted a gathering for traders, creators, and community members who have been part of the MENA crypto journey. The event was a celebration of the people driving adoption and innovation in the region. Attendees shared their experiences over live wood-fired pizza and an AI-powered photo booth experience, discussing the evolution of BTC since 2010, and reflecting on what the next chapter of cryptocurrency might look like.
In Casablanca, Bybit brought BTC Pizza Day directly to the neighborhood through a partnership with a local pizza shop, which had a hosted Bybit stand for the day. Bybit's Builder community and the Bybit team celebrated the occasion at the pizzeria, connecting over shared passion for gourmet pizza and digital assets.
Bitcoin Pizza Day is celebrated globally by the crypto community to highlight the value of patience. Set in Dubai and Abu Dhabi, the Bybit initiatives echo the UAE's early commitment to progressive regulations and support for blockchain innovation. The UAE has created an environment where cryptocurrency innovation can flourish responsibly. Progressive regulatory frameworks, institutional support, and a forward-thinking approach from both Dubai and Abu Dhabi have attracted builders, traders, and innovators from across the world.
"The UAE is building something special," Derek Dai said. "Bybit is proud to be supporting that vision by showing up, listening to our community, and proving through our actions that we're here for the long term. That's what Bitcoin Pizza Day meant to us this year."
As a committed partner to the MENA region's digital asset ecosystem, Bybit continues to invest in initiatives that strengthen institutional relationships and empower local communities.
#Bybit / #CryptoArk / #NewFinancialPlatform
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Bybit Delivers: Bybit Celebrated Bitcoin Pizza Day 2026 Across MENA, Reaffirming Commitment to Regional Crypto Ecosystem
Bybit Delivers: Bybit Celebrated Bitcoin Pizza Day 2026 Across MENA, Reaffirming Commitment to Regional Crypto Ecosystem