Bitmine Immersion Technologies Announces $15.1 Billion in Total Crypto and Cash Holdings
Bitmine Immersion Technologies (BMNR) has announced that its total crypto holdings, along with cash and marketable securities, amount to $15.1 billion as of October 18, 2026. The company holds approximately 6.04 million ETH tokens, representing nearly 4.9% of the Ethereum supply. Bitmine also owns a stake in Eightco (ORBS) valued at $74 million and has launched MAVAN, an institutional-grade staking platform for Ethereum. Bitmine's Chairman Thomas Lee emphasized that despite recent market volatility driven by AI funding concerns, geopolitical tensions, and rising bond yields, the company remains optimistic about crypto fundamentals. He noted Bitmine’s consistent weekly ETH purchases since June 2025 as a key differentiator in its strategy to accumulate assets during bear markets. The firm has also been added to the Russell 1000 Large-cap index on June 26 and is supported by major institutional investors such as ARK's Cathie Wood, Founders Fund, Kraken, DCG, Galaxy Digital, and others. Bitmine aims to acquire up to 5% of Ethereum supply through its ongoing accumulation strategy.
Topics: crypto holdings ethereum institutional investment market listing stake
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Part of the story Bitmine Immersion Technologies Reports $15 Billion in Total Assets and Significant Ethereum Holdings (5 articles)