Institutional Investment

San Francisco – September 23, 2026 -- None of the 15 major institutions interviewed by Bitwise Asset Management reduced their crypto allocations during a roughly 50% market drawdown between Q4 2025 and Q2 2026, with several increasing positions instead, according to the firm's new Institutional Crypto Adoption report.

Bitwise, a crypto asset manager overseeing $9 billion in client assets, conducted in-depth interviews with senior investment professionals at endowments, foundations, public pension funds, sovereign wealth funds, multi-family offices, investment consultants, and public companies to determine what institutions hold, why, and what would trigger a sale.

Norwalk, Connecticut – September 15, 2026 -- Bitmine Immersion Technologies (NYSE: BMNR) reported total crypto, cash and moonshot holdings of $15.7 billion as of September 7, 2026, driven by 5,929,198 ETH tokens valued at $2,495 apiece.

Bitmine holds 4.9% of Ethereum's total supply, nearing its 5% accumulation target

The company's ETH position represents 4.9% of Ethereum's 122 million token supply, putting Bitmine 97% of the way toward what Chairman Thomas Lee calls the '5% Alchemy' goal, reached in 15 months since the treasury strategy launched on June 30, 2025. The portfolio also includes 211 bitcoin, a $180 million stake in Beast Industries, a $91 million stake in Eightco Holdings (NASDAQ: ORBS), and $593 million in cash and marketable securities.