Bitmine Immersion Technologies Announces Over 6 Million ETH Holdings and $17.2 Billion in Total Assets
Bitmine Immersion Technologies (BMNR) announced that its Ethereum holdings have surpassed six million tokens, representing approximately 4.9% of the total supply as of September 2026. The company's total assets now amount to $17.2 billion, including crypto holdings, cash, marketable securities, and investments in other firms like Eightco (ORBS). Bitmine has consistently accumulated Ethereum since June 30, 2025, acquiring over 17,000 ETH in the past week alone. Ethereum's performance as a macro asset continues to outpace traditional markets. In Q3 of 2026, ETH is up by more than 6,728 basis points compared to the S&P 500. Bitmine has also launched MAVAN, an institutional-grade Ethereum staking platform that supports both its own treasury and external investors. The company recently joined the Russell 1000 Large-cap index on June 26, 2026. Bitmine's Chairman Thomas Lee emphasized the growing interest from institutions in crypto assets and expects continued inflows into digital markets before year-end. He will deliver a keynote at Korea Blockchain Week on September 30.
Topics: Bitmine Ethereum institutional investment market performance staking