Norwalk, Conn. – September 08, 2026 -- Bitmine Immersion Technologies (NYSE: BMNR) reported total crypto, cash and moonshot holdings of $15.6 billion as of August 30, 2026, with Ethereum holdings reaching 5,901,112 ETH.
Bitmine controls 4.9% of the entire ETH supply, nearing its 5% acquisition target
The company's ETH position, valued at $2,511 per token, represents 4.9% of the 120.7 million total ETH supply outstanding. Chairman Thomas "Tom" Lee said Bitmine is now 98% of the way toward what the company calls the "5% Alchemy" goal, achieved in just 15 months since launching its Ethereum treasury strategy on June 30, 2025. The firm added 53,501 ETH in the past week alone, marking 65 consecutive weeks of purchases.
ETH outperforms the S&P 500 by 5,430 basis points in Q3 2026
Lee noted that ETH, BTC and SOL have been the three best-performing assets since June 30, 2026, with Ethereum leading macro asset performance for the quarter to date. He pointed to the pending CLARITY Act vote in mid-September and renewed crypto buying by Korean investors, who are reportedly rotating out of AI equities, as near-term catalysts.
Bitmine has staked 5.07 million ETH worth $12.7 billion, the largest staking position globally
As of August 30, 2026, staked ETH totaled 5,067,309 tokens, or 86% of Bitmine's total ETH holdings. The company's MAVAN (Made in America VAlidator Network) platform, launched in early 2026, generated an annualized 7-day staking yield of 2.63%, producing projected annualized staking income of $335 million. At full scale across MAVAN and partners, Lee projected annual staking rewards of $390 million.
Bitmine's portfolio includes an $81 million stake in Eightco, providing indirect OpenAI exposure
Total holdings also include 211 Bitcoin, a $180 million stake in Beast Industries, an $81 million position in Eightco Holdings (NASDAQ: ORBS), and $541 million in cash and marketable securities. Eightco is described as one of few publicly traded stocks offering indirect exposure to OpenAI.
Bitmine ranks as the world's second-largest crypto treasury, trading $1.36 billion daily
Bitmine remains the largest Ethereum treasury globally, trailing only Strategy Inc. (NASDAQ: MSTR), which holds 840,447 BTC valued at approximately $66 billion. Average daily trading volume for BMNR stock reached $1.36 billion over a five-day average through August 29, 2026, ranking 62nd among 5,704 publicly traded U.S. equities—ahead of UnitedHealth Group and just behind Texas Instruments. Bitmine joined the Russell 1000 Large-cap index on June 26, 2026, and its Series A Preferred Stock trades on the NYSE under ticker BMNP. Institutional backers include Cathie Wood's ARK, MOZAYYX, Founders Fund, Pantera, Kraken, DCG, Galaxy Digital, Bill Miller III and Tom Lee.