# Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.05 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $15 Billion

- Link: https://www.thailand-business-news.com/pr-news/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-6-05-million-tokens-and-total-crypto-and-total-cash-marketable-securities-holdings-of-15-billion
- Published: 2026-10-26T19:30:00+07:00
- Author: PR Newswire

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**_Bitmine repurchased 2.04 million shares in the past week_**

**_Bitmine has repurchased a cumulative 22.9 million shares so far in 2026, the 
largest ever crypto treasury company equity buyback executed_**

**_Bitmine owns 4.95% of the total ETH coin supply of 122.2 million_**

**_Bitmine is 99% of the way to the ‘Alchemy of 5%’ in just 15 months_**

**_Bitmine released Chairman’s Message on October 7 titled "Crypto Bull Underway—
This Cycle Likely the Largest"_**

**_Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026_**

**_Bitmine’s Series A Preferred Stock is trading on the NYSE under the symbol BMNP_**

**_Bitmine has 5,227,037 staked ETH, representing $12.3 billion at $2,356 per ETH.
MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination
for BMNR and institutional investors_**

**_Bitmine owns $76 million of Eightco (NASDAQ: ORBS), now one of the only publicly
listed equities in the world to provide investors indirect exposure to OpenAI_**

_Bitmine Crypto + Total Cash Holdings & Marketable Securities + "Moonshots" total
$15 billion, including 6.05 million ETH tokens, total cash & marketable securities
of $514 million, and other crypto holdings_

_Bitmine remains supported by a premier group of institutional investors including
ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG,
Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine’s goal 
of acquiring 5% of ETH_

NORWALK, Conn., Oct. 26, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies,
Inc. ("Bitmine" or the "Company"), a Bitcoin and Ethereum Network company with a
focus on the accumulation of crypto for long term investment, today announced Bitmine
crypto_ + total cash & marketable securities + "moonshots" _holdings totaling $15
billion.

 [⌊BITMINE: Achievements in first year of operations⌉](https://mmx.prnasia.com/media/MS2020269/BITMINE-Achievement.jpg?id=OA3038994&p=medium600)

BITMINE: Achievements in first year of operations

As of October 25, 2026 at 2:00pm ET, the Company’s crypto holdings are comprised
of 6,051,933 ETH at $2,356 per ETH (per Coinbase NASDAQ: COIN), 215 Bitcoin (BTC),
$180 million stake in Beast Industries, $76 million stake in Eightco Holdings (NASDAQ:
ORBS) ("moonshots") and total cash & marketable securities of $514 million. Bitmine’s
ETH holdings are 4.95% of the ETH supply (of 122.2 million ETH).

"Crypto got pulled down by the same ‘risk off’ forces behind the AI sell-off. In
contrast to late-2025 and early 2026, crypto pullbacks have been comparatively shallow.
ETH has fallen 13% from its recent peak while US semiconductors ($SOXX) is down 
20% in that same timeframe.  We believe this is further evidence that a crypto bull
market is underway," stated Thomas "Tom" Lee, Chairman of Bitmine.

"Bitmine executed equity buybacks in the past week, acquiring 2.04 million shares,
repurchased at an average price of $22.48.  When management believes Bitmine shares
are relatively undervalued, the Company intends to accretively repurchase shares,
subject to market conditions and under the existing repurchase authorization.  Optimizing
shareholder value remains our top objective," continued Lee.

In 2026, Bitmine has repurchased 22.9 million common shares, at an average price
of $17.48 or an aggregate amount of $399.6 million. "This is the largest crypto 
treasury company common equity buyback ever executed, and reflects our commitment
to shareholders," stated Lee.

"We believe Bitmine is positioned to outperform the crypto bull market that we expect
to be coming, as the Company has strengthened its competitive position over the 
past year in the midst of a crypto winter (bear market)," stated Lee.

"Over the past week, we acquired 10,452 ETH. Bitmine’s track record of consistent
buying of crypto is unmatched by any public company in the world. Bitmine has bought
ETH each and every week since the inception of the ETH Treasury Strategy on June
30, 2025," stated Lee.

On October 7, Bitmine released its latest Chairman’s message titled "Crypto Bull
Underway — This Cycle Likely the Largest." The presentation is available at the 
Bitmine website ([presentation link](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805991-1&h=1706829222&u=https%3A%2F%2Fwww.bitminetech.io%2Finvestor-relations&a=presentation+link)).

Earlier in 2026, Bitmine launched MAVAN (the Made in America VAlidator Network),
the institutional-grade staking platform. While MAVAN was originally developed to
support Bitmine’s own Ethereum treasury, MAVAN has expanded to serve institutional
investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure.
A portion of Bitmine’s ETH is already staked on the MAVAN platform.

As of October 25, 2026, Bitmine total staked ETH stands at 5,227,037 ($12.3 billion
at $2,356 per ETH). "Bitmine has staked more ETH than other entities in the world.
At scale (assuming Bitmine’s ETH is fully staked by MAVAN and its staking partners),
the projected ETH staking reward would be $368 million on an annualized basis (using
2.58% 7-day BMNR yield). This compares to annualized staking revenues at $318 million
based upon 5.2 million staked ETH (86% of the 6.05 million ETH held by Bitmine),"
continued Lee.

Bitmine’s crypto holdings reign as the #1 Ethereum treasury and #2 global treasury,
behind Strategy Inc., which reportedly owns 848,517 BTC valued at approximately 
$74 billion. Bitmine remains the largest ETH treasury in the world.

Bitmine management believes the GENIUS Act and the Securities and Exchange Commission’s(
SEC) Project Crypto are as transformational to financial services in 2026 as the
U.S. action on August 15, 1971, which ended the Bretton Woods system and took the
U.S. dollar off the gold standard 55 years ago. This 1971 event was the catalyst
for the modernization of Wall Street, creating the iconic Wall Street titans and
financial and payment rails of today.

The Chairman’s message can be found here:
[https://www.Bitminetech.io/chairmans-message](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805991-1&h=1725163393&u=https%3A%2F%2Fwww.bitminetech.io%2Fchairmans-message&a=https%3A%2F%2Fwww.Bitminetech.io%2Fchairmans-message)

The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be
found here: [https://Bitminetech.io/investor-relations/](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805991-1&h=2917956920&u=https%3A%2F%2Fbitminetech.io%2Finvestor-relations%2F&a=https%3A%2F%2FBitminetech.io%2Finvestor-relations%2F)

To stay informed, please sign up at: [https://Bitminetech.io/contact-us/](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805991-1&h=817180283&u=https%3A%2F%2Fbitminetech.io%2Fcontact-us%2F&a=https%3A%2F%2FBitminetech.io%2Fcontact-us%2F)

**About BitmineBitmine Immersion Technologies, Inc. (NYSE: BMNR), together with 
its subsidiaries ("Bitmine" or the "Company"), is a blockchain technology infrastructure
company operating across institutional digital asset staking and validation services,
bitcoin mining, and strategic digital asset management. As the world’s leading Ethereum
Treasury company, it implements an innovative digital asset strategy for institutional
investors and public market participants. The Company provides institutional-grade
staking and validation infrastructure—through which it earns staking rewards and
validation income—alongside bitcoin mining activities. Bitmine holds digital assets
strategically, generating yield on those holdings to support liquidity and capital
formation. Since 2025, the Company has expanded its blockchain infrastructure capabilities,
including developing and deploying MAVAN, its institutional staking and validation
platform. The Company’s activities further include investments in early-stage blockchain
opportunities ("moonshot" investments) and ancillary mining, hosting, and consulting
services.

For additional details, follow on X:
[https://x.com/bitmnr](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805991-1&h=2130933278&u=https%3A%2F%2Fx.com%2Fbitmnr&a=https%3A%2F%2Fx.com%2Fbitmnr)
[https://x.com/fundstrat](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4805991-1&h=3511548355&u=https%3A%2F%2Fx.com%2Ffundstrat&a=https%3A%2F%2Fx.com%2Ffundstrat)

**Cautionary Note on Forward Looking Statements This press release contains statements
that constitute "forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995, as amended. Forward-looking statements include all
statements that are not purely historical and can generally be identified by terms
such as "expects," "projects," "intends," "plans," "believes," "anticipates," "estimates,""
may," "will," "would," "could," "should," "view," "likely," "positioned," or similar
expressions. This press release specifically contains forward-looking statements
regarding: (i) the Company’s goal of acquiring 5% of the total ETH supply (the "
Alchemy of 5%" initiative) and its progress toward that goal; (ii) the Company’s
digital asset accumulation and treasury strategy, including statements regarding
continued weekly ETH acquisitions and the Company’s status as the largest ETH treasury
in the world; (iii) the Company’s intention to repurchase shares of its common stock
when management believes the shares are relatively undervalued, the timing, amount,
and accretive effect of any such repurchases, and the Company’s objective of optimizing
shareholder value; (iv) the Company’s staking operations, including projected annualized
ETH staking rewards of approximately $368 million at scale (assuming the Company’s
ETH is fully staked) and annualized staking revenues of approximately $318 million
based on currently staked ETH; (v) MAVAN’s expansion to serve institutional investors,
custodians, and ecosystem partners; (vi) management’s beliefs regarding crypto market
conditions, including that a crypto bull market is underway, that the current cycle
is likely the largest, and that the Company is positioned to outperform the crypto
bull market; (vii) ETH’s relative performance versus U.S. semiconductor equities
and other risk assets; (viii) management’s belief that the GENIUS Act and SEC Project
Crypto are transformational to financial services; and (ix) statements regarding
the value of the Company’s crypto, cash, marketable securities, and "moonshot" holdings.

These forward-looking statements involve substantial risks and uncertainties that
could cause actual results to differ materially from those expressed or implied.
Factors that could cause or contribute to such differences include, but are not 
limited to: the extreme volatility and unpredictability of digital asset prices,
including ETH and Bitcoin; the Company’s reliance on third-party pricing sources
and reported market values, which may fluctuate materially; changes in market conditions
affecting the trading price and volume of the Company’s securities; the Company’s
ability to successfully execute its digital asset acquisition strategy and achieve
its ETH accumulation targets, including the "Alchemy of 5%" goal; the timing, amount,
and manner of any share repurchases, which will depend on market conditions, the
trading price of the Company’s common stock, available capital, and the terms of
the Company’s existing repurchase authorization, and the fact that the Company is
not obligated to repurchase any particular number of shares and may suspend or discontinue
repurchases at any time; the Company’s ability to finance its business operations
and MAVAN expansion; operational, security, and technological risks associated with
the Company’s staking and validation operations, including network failures, slashing
events, cybersecurity breaches, and protocol changes; the risk that actual staking
yields, rewards, and revenues differ materially from projected amounts, including
because staking yields fluctuate and the Company’s ETH may not be fully staked; 
competition in the digital asset treasury, staking, and mining industries; the Company’s
dependence on key personnel; regulatory developments affecting digital assets, blockchain
technology, and staking activities, including the implementation and interpretation
of the GENIUS Act, SEC Project Crypto, and other pending legislation or regulatory
initiatives; actions by the SEC, CFTC, and other regulatory bodies; risks related
to the Company’s "moonshot" investments, including in Eightco Holdings and Beast
Industries; macroeconomic factors, including inflation, interest rates, and general
economic conditions; changes to the Ethereum protocol; the performance of third-
party service providers, exchanges, custodians, and staking partners; and the other
risk factors described in the Company’s filings with the SEC.

The forward-looking statements contained in this press release are based on information
available to management as of the date of this release and reflect management’s 
current expectations, estimates, and beliefs concerning future events. Actual results
may vary materially from those expressed or implied based on the factors described
above and in the Risk Factors section of the Company’s Annual Report on Form 10-
K for the fiscal year ended September 30, 2025 filed with the SEC on November 21,
2025, the Company’s Quarterly Reports on Form 10-Q, and the Company’s other filings
with the SEC, as amended or updated from time to time. Copies of these filings are
available at [www.sec.gov](http://www.sec.gov) and at [https://Bitminetech.io/investor-relations/](https://Bitminetech.io/investor-relations/).
The Company cautions readers not to place undue reliance on any forward-looking 
statements, which speak only as of the date on which they are made. Bitmine expressly
disclaims any obligation to update or revise any forward-looking statements except
as required by applicable law.

 [⌊Chairman's Message: Crypto Bull Underway⌉](https://mmx.prnasia.com/media/MS2020271/Bitmine-Chairman-Message.jpg?id=OA3038995&p=medium600)

Chairman’s Message: Crypto Bull Underway

 [⌊STAKING: BMNR now staking over 5.2 million ETH as of Oct 25, 2026⌉](https://mmx.prnasia.com/media/MS2020272/Bitmine-STAKING.jpg?id=OA3038996&p=medium600)

STAKING: BMNR now staking over 5.2 million ETH as of Oct 25, 2026

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