Bitmine Immersion Technologies, Inc. issued a press release on November 3, 2026, disclosing that its combined cryptocurrency, cash, marketable securities, and "moonshot" investment assets total $14.5 billion, with ETH holdings of 6,060,506 tokens as of November 1, 2026.

Key Highlights

  • Total assets: According to the filing, combined crypto, cash, marketable securities, and high-risk investments ("moonshoots") sum to $14.5 billion.
  • ETH holdings: The company disclosed 6,060,506 ETH valued at $2,261 per ETH as of November 1, 2026 at 4:00 p.m. Eastern time, representing 4.9% of the total ETH supply of 122.2 million tokens.
  • ETH staking: Bitmine reported 5,227,037 ETH in staking as of November 1, 2026, valued at $11.8 billion at $2,261 per ETH.
  • Cash and marketable securities: The company reported $498 million in total cash and marketable securities.
  • Moonshot investments: The filing lists a $180 million stake in Beast Industries and an $82 million stake in Eightco Holdings (NASDAQ:ORBS).
  • Weekly ETH purchase: Chairman Thomas "Tom" Lee stated that Bitmine acquired 8,573 ETH during the prior week, with purchases made every week since June 30, 2025.
  • Series A Preferred Stock: The company disclosed that its Series A Preferred Stock trades on the NYSE under the symbol BMNP.

Bitmine Discloses ETH Treasury Position and Staking Scale as of November 1, 2026

Bitmine Immersion Technologies, Inc. (NYSE:BMNR) disclosed that as of November 1, 2026 at 4:00 p.m. Eastern time, its cryptocurrency holdings consist of 6,060,506 ETH at a price of $2,261 per ETH (sourced from Coinbase, NASDAQ:COIN), 216 Bitcoin (BTC), a $180 million stake in Beast Industries, an $82 million stake in Eightco Holdings (NASDAQ:ORBS), and $498 million in total cash and marketable securities. The company's ETH holdings represent, according to the filing, 4.9% of the total ETH supply of 122.2 million ETH. The filing characterizes Bitmine as "the largest ETH treasury in the world."

The filing reports that 5,227,037 ETH are currently in staking, representing $11.8 billion at $2,261 per ETH. The company operates a staking platform called MAVAN (Made in America VAlidator Network), described as an institutional-grade staking infrastructure. According to the filing, at full scale, projected staking rewards for ETH would reach $415 million annually, based on a 7-day BMNR yield of 3.03%. Annualized staking income from the current 5.2 million ETH in staking is cited as $358 million.

Chairman Thomas "Tom" Lee addressed the recent Binance security breach in the filing, noting that approximately $6.3 billion in customer funds was stolen and that the FBI identified North Korea (DPRK) as responsible within two days of the incident. Lee stated that ETH declined 4% following the Binance announcement, compared to an 8% drop on the day of the February 2025 ByBit hack announcement and a subsequent 20% decline within one week of that event. Lee offered six reasons the company views the market reaction as "constructive," all of which are the company's own characterizations and subject to its cautionary language. The filing also notes that Bitmine was added to the Russell 1000 Index on June 26, 2026.

What Was Disclosed

Bitmine disclosed its cryptocurrency holdings, staking position, and total asset value as of November 1, 2026, including 6,060,506 ETH, 216 BTC, two equity investments, and $498 million in cash and marketable securities, totaling $14.5 billion in combined assets.