Bitmine Immersion Technologies said that its combined crypto, cash and “moonshot” holdings reached $11.0 billion, including 4,660,903 ETH, 196 BTC, $1.1 billion in cash, a $200 million stake in Beast Industries and a $95 million stake in Eightco Holdings.
The company said its Ethereum position now equals 3.86% of total ETH supply, with 3,142,643 ETH already staked, valued at about $6.5 billion at $2,072 per token. Chairman Tom Lee said Bitmine acquired 65,341 ETH over the past week, above its prior pace of roughly 45,000 to 50,000 ETH weekly, as the firm leans further into its Ethereum treasury strategy.
Bitmine also said annualized staking revenue now stands at $184 million and projected staking rewards of $272 million annually once its ETH is fully staked through MAVAN and partner infrastructure. The next point to watch is execution: the company said MAVAN remains on track for launch in early calendar 2026 as it continues pursuing its stated goal of acquiring 5% of ETH supply.
Source: Bitmine Immersion Technologies.
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