Bitmine Immersion Technologies, Inc. (NYSE: BMNR) announced on October 5, 2026, that its total crypto holdings, cash, marketable securities, and "moonshot" investments reached $17.4 billion as of October 4, 2026. The company reported holding 6,016,414 Ethereum (ETH) tokens valued at $2,726 per ETH, alongside 214 Bitcoin (BTC). Additionally, the company holds $180 million in Beast Industries, $117 million in Eightco Holdings (NASDAQ: ORBS), and $643 million in cash and marketable securities.
Bitmine’s ETH holdings represent 4.9% of the total ETH supply, which the company estimates to be 122.1 million tokens. The company stated it is 99% of the way toward acquiring 5% of the total ETH supply, a goal referred to as the "Alchemy of 5%". Bitmine has been acquiring ETH weekly since the inception of its ETH Treasury Strategy on June 30, 2025, and purchased 15,112 ETH in the week leading up to the announcement.
The company operates MAVAN (Made in America VAlidator Network), an institutional-grade staking platform. As of October 4, 2026, Bitmine has staked 5,067,309 ETH, valued at $13.8 billion. The company projects that upon full staking, annualized ETH staking rewards would reach $431 million, with current projected annualized staking revenues of $363 million.
Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026. Chairman Thomas "Tom" Lee is scheduled to deliver a keynote address at Token2049 in Singapore on October 7, 2026. The company noted that its Series A Preferred Stock trades on the NYSE under the symbol BMNP.
