BitMine Immersion Technologies Holds $12.9 Billion in Crypto, Cash, and Investments

By Chris Stiles • Monday, April 20 16:13 • Permanent Link

BitMine Immersion Technologies said its crypto, cash and “moonshots” holdings reached $12.9 billion as of April 19, 2026, up from a portfolio that now includes 4,976,485 ETH, 199 bitcoin, $1.12 billion in cash, a $200 million stake in Beast Industries and a $107 million stake in Eightco Holdings.

The company said its ETH position alone was valued at about $11.45 billion at $2,301 per token, and represented 4.12% of the 120.7 million ETH supply. BitMine said it is now 82% of the way to its goal of owning 5% of ETH.

BitMine also said it added ETH aggressively in the latest week, buying 101,627 ETH, its fastest weekly pace since the week of Dec. 15, 2025. Over the past four weeks, the company said it has maintained an elevated buying pace.

The company said it had 3,334,637 staked ETH, valued at $7.7 billion at the same token price. That means about 67% of its ETH holdings were staked. BitMine said annualized staking revenues are now $221 million, and that if its ETH were fully staked at scale, projected staking rewards would reach $330 million annually.

BitMine said its ETH holdings increased its standing to the largest ETH treasury in the world and the #2 global treasury, behind Strategy, which it said holds 780,897 BTC valued at $58.2 billion.

The company also highlighted trading activity, saying its stock averaged $1.2 billion in daily dollar volume over the prior five days, ranking it 80th among U.S.-listed stocks. BitMine said it traded ahead of D-Wave Quantum and just behind Uber Technologies in that ranking.

BitMine said it was uplisted to the New York Stock Exchange from the NYSE American on April 9, 2026. As a result of these announcements, the company's shares have moved -8.33% on the market, and are now trading at a price of $19.47. Check out the company's full 8-K submission here.

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