Bitmine Immersion Technologies, Inc. filed a press release on November 9, 2026, announcing its crypto, cash, and marketable securities holdings totaling $14.3 billion as of November 8, 2026.

Key Highlights

  • Total holdings: Bitmine reported crypto plus total cash and marketable securities plus "moonshots" totaling $14.3 billion, according to the filing.
  • ETH position: The company held 6,070,092 ETH valued at $2,234 per ETH as of November 8, 2026 at 2:00pm ET, representing 4.97% of the total ETH supply of 122.2 million.
  • Staked ETH: Total staked ETH stood at 5,227,037, valued at $11.7 billion at $2,234 per ETH as of November 8, 2026.
  • Projected staking rewards: At full scale, projected annualized ETH staking rewards would be $359 million, using a trailing 7-day staking yield of 2.65% as of November 8, 2026, the filing stated.
  • Additional holdings: The company disclosed 216 Bitcoin, a $180 million stake in Beast Industries, a $75 million stake in Eightco Holdings (NASDAQ:ORBS), and total cash and marketable securities of $475 million.
  • Weekly ETH purchases: According to the filing, Bitmine acquired 9,587 ETH in the prior week and stated it has purchased ETH each week since June 30, 2025.
  • Russell 1000: The filing disclosed that Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026.

Bitmine Discloses ETH Treasury Size and Staking Scale as of November 8, 2026

Bitmine Immersion Technologies, Inc. (NYSE:BMNR) disclosed holdings of 6,070,092 ETH, priced at $2,234 per ETH per Coinbase (NASDAQ:COIN) as of November 8, 2026, at 2:00pm ET. The filing states that this ETH position equals 4.97% of the total ETH supply of 122.2 million, placing the company "99% of the way to the 'Alchemy of 5%'" goal that the company has described as a target since launching its ETH Treasury Strategy on June 30, 2025.

The company disclosed that 5,227,037 of its ETH tokens are staked, representing $11.7 billion at the same per-token price. The filing attributes the staking infrastructure to MAVAN (Made in America VAlidator Network), described as "an institutional-grade staking platform" launched earlier in 2026. At scale, the filing projects annualized ETH staking rewards of approximately $359 million, based on a trailing 7-day staking yield of 2.65% as of November 8, 2026. Currently projected annualized staking revenues are approximately $309 million based on 5.2 million staked ETH, representing 86% of total ETH held.

Beyond ETH, Bitmine reported holding 216 Bitcoin, a $180 million stake in Beast Industries, and a $75 million stake in Eightco Holdings (NASDAQ:ORBS), with the latter described in the filing as "now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI." Total cash and marketable securities were reported at $475 million. Thomas "Tom" Lee, Chairman of Bitmine, is quoted in the filing citing Vitalik Buterin's statement at Devcon 8 in Mumbai that "ETH is a store of value, ETH is money," characterizing it as "a seismic shift." The filing notes that Bitmine's Series A Preferred Stock trades on the NYSE under the symbol BMNP. The filing contains forward-looking statements subject to the company's cautionary language, including risks related to digital asset price volatility, staking operations, and the company's ability to execute its ETH accumulation strategy.

What Was Disclosed

Bitmine disclosed its crypto, cash, and "moonshot" holdings totaling $14.3 billion as of November 8, 2026, including 6,070,092 ETH, 216 Bitcoin, minority equity stakes, and $475 million in cash and marketable securities, alongside staking and institutional investor details.