Bitmine Immersion ETH Holdings Surpass 6 Million Tokens
Key Facts
Bitmine Immersion Technologies announced its ETH holdings have reached over 6 million tokens. According to a statement released via Chainwire, the company's total holdings of crypto, cash, and marketable securities reached $17.2 billion, as the firm targets owning 5% of the total Ethereum supply.
BMNP was trading at $27.82 on September 28, 2026, with the stock approaching a bullish golden cross technical pattern. The price action occurs as the company continues to expand its balance sheet through the aggressive accumulation of liquid assets.
Latest Updates · 4
- Notable·
Update: The company confirmed its ownership has reached 4.9% of the total Ethereum supply as of September 29, 2026. This increase follows the completion of a new weekly purchase, leaving the firm just 0.1% away from its stated strategic goal.
- Notable·
Update: The company revealed it has staked 84% of its total ETH holdings to enhance yields. Bitmine Immersion projects that these staked assets will generate approximately $358 million in annualized revenue.
- Notable·
Update: Bitmine has staked 84% of its total ETH holdings. The company projects that this staking activity will generate approximately $358 million in annual rewards, further diversifying its revenue streams from digital assets.
- Notable·
Update: The company's exact holdings reached 6,001,302 ETH tokens as of September 27, 2026, accounting for 4.9% of the total supply. This follows a weekly acquisition of 17,362 tokens as Bitmine continues to expand its digital asset portfolio.