$BMNR · BITMINE IMMERSION TECHNOLOGIES, INC.
Bitmine issued a Regulation FD press release (Item 7.01) updating operations. As of November 8, 2026, holdings total $14.3B: 6,070,092 ETH at $2,234/ETH, 216 BTC, $180M Beast Industries stake, $75M Eightco (ORBS) stake, and $475M cash/marketable securities. The company holds 4.97% of ETH supply and has 5,227,037 staked ETH ($11.7B).
- 6,070,092 ETH held, valued at $2,234 per ETH (Coinbase).
- 4.97% of the 122.2M total ETH supply, 99% toward the 5% goal in 15 months.
- 5,227,037 staked ETH worth $11.7B; projected $359M annualized staking rewards at scale.
- Total cash & marketable securities of $475M plus $180M Beast and $75M Eightco stakes.
- Acquired 9,587 ETH in the past week; bought ETH weekly since June 30, 2025.
Extended-hours last trade $17.99, down 4.10% vs regular close and 5.32% vs price at filing, despite the disclosure of a $14.3B treasury on a $10.69B market cap.
A $10.69B market-cap company disclosing a $14.3B crypto treasury concentrated in ETH makes it a leveraged proxy on Ethereum's price.
Bitmine positions itself as the #1 Ethereum treasury and #2 global crypto treasury behind Strategy (MSTR), which holds 849,327 BTC (~$69B).
Holdings value depends on volatile ETH/BTC prices and third-party pricing sources; staking carries slashing, security, and protocol-change risks that could cut projected rewards.