Bitmine Immersion (BMNR) Reports $9.6B in Crypto and Cash, Plus 4.423M ETH
As of February 22, 2026, Bitmine Immersion Technologies, Inc. (BMNR) reports significant financial holdings in the cryptocurrency sector. Their assets include 4,422,659 Ethereum (ETH) valued at $1,958 each, 193 Bitcoin (BTC), and various stakes in companies totaling over $217 million. This positions Bitmine among the leaders in Ethereum treasury operations worldwide.
Bitmine’s Crypto Holdings Overview
- Total ETH Holdings: 4,422,659 ETH ($8.67 billion)
- Bitcoin Holdings: 193 BTC
- Stake in Beast Industries: $200 million
- Stake in Eightco Holdings: $17 million
- Total Cash Reserves: $691 million
Bitmine’s Ethereum holdings account for approximately 3.66% of the total ETH supply, which stands at 120.7 million ETH. Chairman Thomas Lee emphasizes a strategic focus on acquiring more ETH during the current market downturn, viewing it as a beneficial opportunity.
Staking and Earnings Potential
As of the reported date, Bitmine has staked 3,040,483 ETH, translating to approximately $6.0 billion in value. Their staking operations have yielded an annual return of $171 million. With ETH staking rewards projected at $249 million annually, Bitmine leads the global market in Ethereum staking efforts.
Future Developments
Bitmine is set to launch its Made in America Validator Network (MAVAN) in early 2026. This initiative aims to enhance their staking infrastructure and optimize yields from their crypto assets. Currently, Bitmine collaborates with three staking providers to bolster this forthcoming launch.
Market Influence and Trading Activity
With daily trading volumes averaging $0.7 billion, Bitmine ranks 165th among 5,704 U.S. publicly traded companies, reflecting its high liquidity and market interest. It trails behind prominent companies like Carnival Corp and exceeds Northrup Grumman in market rank.
Conclusion
Bitmine continues to establish itself as a key player in the cryptocurrency space with a robust strategy focused on Ethereum accumulation and staking. The company remains committed to its vision of leveraging Ethereum as the future of finance, despite market fluctuations.
