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Bitmine Immersion Technologies Holds $17.1B in Crypto

Bitmine Immersion Technologies said its crypto, cash and marketable holdings reached $17.1 billion as of Sept. 20, up to a portfolio that included 5,983,940 ether, 212 bitcoin, $180 million in Beast Industries, $105 million in Eightco Holdings and $714 million in cash and marketable securities.

The company said its ether position alone represented 4.9% of the total ETH supply of 122.1 million tokens. Bitmine said it is 98% of the way to its stated goal of owning 5% of ETH.

Bitmine’s ETH holdings were valued at about $16.1 billion using the company’s cited price of $2,688 per ETH. The company also said it had 5,067,309 staked ETH, worth $13.6 billion at that price.

The company said it acquired 27,562 ETH over the past week and has bought ETH every week since launching its ETH treasury strategy on June 30, 2025.

Bitmine said its staked ETH amount corresponds to 85% of its total ETH holdings. It projected annualized staking rewards of $421 million when all of its ETH is fully staked through its Mavan platform and staking partners, and said annualized staking revenues are now projected at $357 million.

The company also said its ETH holdings outsize its other crypto positions by a wide margin: 5.98 million ETH versus 212 BTC. It described itself as the largest ETH treasury in the world and the number two global crypto treasury, behind Strategy Inc.

Bitmine said its stock traded average daily dollar volume of $1.2 billion over the prior five trading days, ranking 100th among 5,704 U.S.-listed stocks.

The company also said it was added to the Russell 1000 large-cap index on June 26, 2026. Today the company's shares have moved 5.08% to a price of $27.31. For the full picture, make sure to review BITMINE IMMERSION TECHNOLOGIES, INC.'s 8-K report.

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