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StocksMediumUpdated×2•Originally published 6 April 2026•Updated 6 April 2026•

1 min read

Bitmine Immersion Announces $11.5B Holdings and NYSE Uplisting

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Key Facts

1Bitmine's total crypto and cash holdings reached $11.4 billion, including 4.803 million ETH tokens.

about 2 months ago

Version History

9 additional sources confirmed this story

Version 2about 2 months ago

What changed: Added details regarding the company staking its ETH holdings and highlighted rising market concerns over concentration risk.

Version 1about 2 months ago

What changed: The total valuation of Bitmine's holdings was revised upward to over $11.5 billion, and the portfolio composition now specifically includes 'moonshot' investments.

Bitmine Immersion Technologies (BMNR) has updated its total holdings in crypto, cash, and other investments to surpass $11.5 billion. This massive portfolio includes 4.803 million Ethereum (ETH) tokens, representing approximately 3.98% of the total ETH supply. The report specifies that Bitmine is staking its ETH holdings, a move that could significantly reshape crypto investment dynamics and network influence. However, the scale of this position has triggered rising concerns regarding concentration risks and the company's potential market influence. Alongside its core assets, the portfolio includes high-growth 'moonshot' investments and $864 million in cash. A major milestone remains the approved uplisting to the New York Stock Exchange (NYSE), effective April 9, 2026, which is expected to enhance trading liquidity and institutional exposure.