Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.732 Million Tokens, and Total Crypto and Total Cash Holdings of $10.7 Billion
Rhea-AI Summary
Bitmine Immersion Technologies (NYSE AMERICAN: BMNR) reported total crypto + cash + "moonshots" holdings of $10.7 billion as of March 29, 2026. Holdings include 4,732,082 ETH (3.92% of supply), 197 BTC, $961 million cash and $102 million in ORBS.
Bitmine disclosed 3,142,643 ETH staked (valued at $6.3 billion at $2,005/ETH) and announced the launch of MAVAN institutional staking on March 25, 2026.
Positive
- Total holdings of $10.7 billion (crypto + cash + moonshots)
- 4,732,082 ETH holdings equal to 3.92% of ETH supply
- 3,142,643 ETH staked ($6.3 billion at $2,005/ETH)
- High liquidity: $920 million average daily trading volume (5-day avg), rank #100 US-listed stocks
Negative
- Concentrated ETH exposure: 4.732 million ETH represents the majority of crypto assets
- Cash position of $961 million is less than 10% of total $10.7 billion holdings
Key Figures
Market Reality Check
Peers on Argus
BMNR is down 5.55% with multiple capital markets peers also lower today (e.g., IREN -5.15%, MARA -3.49%, XP -3.28%), suggesting a sector-driven risk-off backdrop.
Previous Crypto Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 25 | MAVAN launch | Positive | +2.1% | Launch of MAVAN institutional Ethereum staking platform with 3.14M ETH staked. |
| Mar 16 | Treasury update | Positive | +11.4% | Reported $11.5B crypto, cash and moonshots with 4.596M ETH holdings. |
| Mar 2 | Treasury update | Positive | +7.5% | Announced $9.9B crypto and cash with 4.47M ETH and strong staking revenues. |
| Feb 2 | Treasury update | Positive | -9.2% | Disclosed $10.7B holdings and 4.29M ETH with rising staking revenues. |
| Jan 26 | Treasury update | Positive | -3.5% | Reported $12.8B holdings, 4.24M ETH and strong trading liquidity ranking. |
Crypto-treasury and ETH-accumulation updates often saw positive reactions, but there is a mixed pattern with several past crypto-tag releases selling off despite similar themes.
Over the past few months, Bitmine has repeatedly highlighted rapid ETH accumulation and growing crypto treasury value, with holdings rising from 4.24M ETH and $12.8B combined assets on Jan 25, 2026 to over 4.59M ETH and $11.5B by Mar 15, 2026. Staked ETH climbed from about 2.0M to over 3.0M, while annualized staking revenues increased. The recent MAVAN launch on Mar 25, 2026 formalized Bitmine’s institutional staking push, and today’s news extends that same crypto-treasury and staking narrative.
Historical Comparison
In recent crypto-tag updates, Bitmine’s ETH and treasury disclosures produced an average move of 1.67%, with a mix of strong rallies and notable selloffs, underscoring volatile reactions.
Crypto-tag news shows steady ETH accumulation toward a higher share of the 120.7M ETH supply, rising staked balances, and the evolution from planned to fully launched MAVAN institutional staking.
Regulatory & Risk Context
The company has an effective S-3ASR shelf registration dated 2025-07-28 with recorded usage via 424B5 filings on 2025-08-12 and 2025-09-22, indicating a mechanism already used to issue securities. Specific capacity and remaining amounts were not provided.
Market Pulse Summary
This announcement highlights Bitmine’s expansion as a large-scale Ethereum treasury, reporting 4.73M ETH, 3.14M staked, and total crypto, cash and "moonshot" holdings of $10.7B. Annualized staking revenues of $177M and potential rewards of $266M underscore the importance of MAVAN’s performance and ETH yields. Investors may track future updates on ETH accumulation, staked percentages, regulatory filings under the S-3ASR shelf, and how these metrics evolve relative to broader crypto-market conditions.
Key Terms
staking technical
validator network technical
composite ethereum staking rate technical
basis points financial
AI-generated analysis. Not financial advice.
Bitmine has 3,142,643 staked ETH, representing
MAVAN (Made in America VAlidator Network) launched staking solution on March 25, 2026
MAVAN is the premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience
Bitmine now owns
Bitmine owns
Bitmine Crypto + Total Cash Holdings + "Moonshots" total
Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock
Bitmine is the 100th most traded stock in the US, trading
Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring
NORWALK, Conn., March 30, 2026 /PRNewswire/ -- (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash + "moonshots" holdings totaling
As of March 29, 2026 at 6:00pm ET, the Company's crypto holdings are comprised of 4,732,082 ETH at
"As the Iran war enters its 5th week, ETH and crypto outperformed the broader market with ETH outperforming equities by 1,160bp. This is a marked contrast to Gold (a traditional store of value), which has underperformed by more than 750 basis points. Crypto is demonstrating itself to be a good 'war time' store of value," said Thomas "Tom" Lee, Chairman of Bitmine.
"The inverse correlation of crypto (and equities) to oil has been increasing and is at the highest levels in the past year. This is logical. Until equity markets become comfortable with the future trajectory of oil prices, rising oil is a headwind for equities and crypto. And in a sense, the crypto winter likely ends when the upside risk to oil prices peaks," continued Lee.
"Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case is ETH is in the final stages of the 'mini-crypto winter.' In the past week, we acquired 71,179 ETH compared to an average of 45k to 50k weekly prior to that," stated Lee.
Bitmine announced the official launch of MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform.
As of March 29, 2026, Bitmine total staked ETH stands at 3,142,643 (
"Annualized staking revenues are now
Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which owns 762,099 BTC valued at
Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of
The GENIUS Act and Securities and Exchange Commission's (the "SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.
The Chairman's message can be found here: https://www.Bitminetech.io/chairmans-message
The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/
To stay informed, please sign up at: https://Bitminetech.io/contact-us/
About Bitmine
Bitmine (NYSE AMERICAN: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of
For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
https://x.com/bmnrintern
Forward Looking Statements
This press release contains statements that constitute "forward-looking statements." The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of Bitmine's business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine's filings with the SEC are available on the SEC's website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
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SOURCE Bitmine Immersion Technologies, Inc.
