Bitmine Immersion Technologies Announces ETH Holdings Reach 6.03M Tokens ($16.2B Total Holdings)

Bitmine Immersion Technologies (BMNR) Treasury & Operational Update

Overview

On October 13, 2026, Bitmine Immersion Technologies, Inc. filed a Form 8-K under Item 7.01 (Regulation FD Disclosure) providing an operational and treasury update as of October 11, 2026.

Key Disclosures

• Ethereum Treasury: The company reported total ETH holdings of 6,028,946 tokens, representing approximately 4.9% of the total circulating Ethereum supply (122.1 million tokens), nearing its stated 5% accumulation target ("Alchemy of 5%").
• Total Holdings Valuation: Aggregated holdings totaled $16.2 billion, consisting of:
  • 6,028,946 ETH (valued at $2,544 per token, or ~$15.34B)
  • 214 Bitcoin (BTC)
  • $612 million in cash and marketable securities
  • Strategic investments ("moonshots"), including an $85 million stake in Eightco Holdings (NASDAQ: ORBS) and $180 million in Beast Industries.
• Staking Operations (MAVAN): Bitmine has staked 5,067,309 ETH ($12.9 billion). Management projects annualized staking rewards of $336 million based on current staked volume and up to $400 million at full staking deployment (based on a 2.61% 7-day yield).
• Capital Structure Performance: The company noted that its 9.50% Series A Perpetual Preferred Stock (NYSE: BMNP), issued at $80, last closed at $99.53 (a 24% gain since issuance).