Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.168 Million Tokens, and Total Crypto and Total Cash Holdings of $14.0 Billion

Rhea-AI Summary

Bitmine Immersion Technologies (NYSE: BMNR) reported crypto + total cash + "moonshots" holdings of $14.0 billion as of Jan 11, 2026, comprising 4,167,768 ETH (valued at $3,119/ETH), 193 BTC, $988 million cash and a $23 million stake in Eightco Holdings. Bitmine's ETH equals 3.45% of total ETH supply and 1,256,083 ETH are staked (~$3.9 billion at $3,119/ETH). The company acquired 24,266 ETH in the prior week and reports a 5-day average daily dollar trading volume of $1.3 billion (rank #67 US). Bitmine urges stockholders to approve a charter amendment to increase authorized shares ahead of the Jan 15, 2026 Annual Meeting.

Positive

• Total crypto + cash + moonshots of $14.0 billion
• 4,167,768 ETH holdings representing 3.45% of ETH supply
• 1,256,083 ETH staked (~$3.9 billion at $3,119/ETH)
• Acquired 24,266 ETH in the past week
• 5-day average daily dollar volume of $1.3 billion (rank #67 US)

Negative

• Current authorized share limit of 500 million nearing exhaustion; failure to increase authorization could slow ETH accumulation
• Operational progress and staking revenue depend on MAVAN commercial launch in early 2026
• Large concentrated exposure to ETH (4.17M ETH) increases sensitivity to ETH price volatility

News Market Reaction

%

12 alerts

% News Effect

+5.8% Peak in 7 hr 50 min

$355M Market Cap

0.6x Rel. Volume

On the day this news was published, ORBS declined NaN%, reflecting a moderate negative market reaction. Argus tracked a peak move of +5.8% during that session. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Total crypto + cash + moonshots: $14.0 billion ETH holdings: 4,167,768 ETH at $3,119 per ETH Staked ETH: 1,256,083 ETH (~$3.9 billion) +5 more

8 metrics

Total crypto + cash + moonshots $14.0 billion Holdings as of Jan 11, 2026

ETH holdings 4,167,768 ETH at $3,119 per ETH Crypto treasury position as of Jan 11, 2026

Staked ETH 1,256,083 ETH (~$3.9 billion) Staked balance at $3,119 per ETH on Jan 11, 2026

ETH supply share 3.45% of 120.7 million ETH Share of total ETH supply held by Bitmine

Cash balance $988 million Total cash as part of $14.0B holdings

Bitcoin holdings 193 BTC Additional crypto holdings as of Jan 11, 2026

CESR staking rate 2.81% Composite Ethereum staking rate (Quatrefoil)

Potential ETH staking fee $374 million annually Estimated annual fees at 2.81% CESR when ETH fully staked

Market Reality Check

Price: $1.61 Vol: Volume 36,831,276 vs 20-d...

normal vol

$1.61 Last Close

Volume Volume 36,831,276 vs 20-day average 43,043,720 (relative volume 0.86), showing lighter trading than recent norms before this update. normal

Technical Price $30.06 trades below the $32.60 200-day MA, indicating weakness vs its longer-term trend ahead of this announcement.

Peers on Argus

BMNR was down 3.9% pre‑news while peers showed mixed moves: crypto‑linked IREN a...

1 Up

BMNR was down 3.9% pre‑news while peers showed mixed moves: crypto‑linked IREN at -1.8%, MARA at -2.9%, XP at -0.64%, PJT at -0.46%, and VIRT up 1.31%. The momentum scanner only captured IREN (up), pointing to stock‑specific dynamics rather than a clean sector‑wide move.

Historical Context

5 past events · Latest: Jan 05 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 05	Crypto holdings update	Positive	+6.9%	Reported $14.2B in holdings and 4.14M ETH, reinforcing ETH accumulation strategy.
Jan 02	Proxy/authorization update	Neutral	+14.9%	Chairman’s message urging YES vote to boost authorized shares to 50B.
Dec 22	Crypto holdings update	Positive	-0.9%	Announced $13.2B holdings and 4.07M ETH plus early 2026 MAVAN plans.
Dec 19	Annual meeting invite	Neutral	+10.3%	Detailed Las Vegas annual meeting logistics and urged stockholder voting.
Dec 08	Crypto holdings update	Positive	+5.2%	Disclosed $13.2B holdings, 3.86M ETH, and strong weekly ETH accumulation.

Pattern Detected

Crypto treasury updates have produced mixed reactions: some positive alignment on ETH accumulation headlines, but other similar updates and meeting‑related communications saw sharp rallies or selloffs, indicating inconsistent trading response to fundamentally similar news.

Recent Company History

Over the last two months, BMNR has repeatedly reported rising ETH holdings and growing crypto + cash + "moonshots" balances, from $11.2B on Nov 23, 2025 (news_id 940132) up to $14.2B on Jan 4, 2026 (news_id 952789). These updates consistently highlight BMNR’s position as a leading ETH treasury and promote the upcoming Jan 15, 2026 annual meeting and authorized share increase proposal. Price reactions have varied, with both rallies and pullbacks following broadly similar crypto‑treasury disclosures.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-07-28

The company has an effective S-3ASR shelf filed on 2025-07-28, expiring 2028-07-28, with at least 2 prospectus supplements (Forms 424B5) already used. This provides flexibility to issue securities in the future under that registration.

Market Pulse Summary

This announcement highlights Bitmine’s scale as an ETH treasury, with 4,167,768 ETH, total crypto + ...

Analysis

This announcement highlights Bitmine’s scale as an ETH treasury, with 4,167,768 ETH, total crypto + cash + "moonshots" of $14.0 billion, and 1,256,083 ETH already staked at a 2.81% CESR rate. It also reinforces governance themes ahead of the Jan 15, 2026 annual meeting, where an increase in authorized shares is on the agenda. Historical crypto‑tagged news shows varied price responses, so monitoring future capital raises, MAVAN deployment progress, and further ETH accumulation metrics remains important.

Key Terms

staking, validator network, composite ethereum staking rate, authorized shares, +3 more

7 terms

staking technical

"Bitmine staked ETH stands at 1,256,083 and MAVAN staking solution on track"

Staking is the practice of locking up digital tokens to help run a blockchain network in return for rewards, similar to leaving money in a time deposit that pays interest while it’s unavailable. It matters to investors because staking can generate regular income and affect a token’s circulating supply and price, but it also ties up assets and can carry risks like lock-up periods, reduced liquidity, or technical and platform failures.

validator network technical

"staking solution known as The Made in America Validator Network (MAVAN)."

A validator network is a group of independent computers or participants that check and record transactions on a digital ledger, using agreed rules to decide which entries are valid. Think of them as a team of referees who confirm plays and keep the official score; their integrity, speed and decentralization determine how secure, fast and reliable the system is. Investors care because the makeup and incentives of the validator network affect transaction finality, security risks, token rewards and governance influence.

composite ethereum staking rate technical

"The CESR (composite Ethereum staking rate, administered by Quatrefoil) is 2.81%."

A composite ethereum staking rate is the single, annualized percentage that represents the typical return investors earn by locking up Ether across a mix of validators, staking pools and service providers, after accounting for fees and penalties. It matters because it shows the expected income from staking (like an average bank interest rate), helps compare staking vs. selling or lending choices, and influences supply dynamics and investor returns in the Ethereum ecosystem.

authorized shares financial

"support the amendment to increase authorized shares ahead of the upcoming"

Authorized shares are the maximum number of shares a company is allowed to issue according to its official plan. Think of it as a company’s set limit on how many pieces of its ownership it can distribute to investors. This number helps investors understand the potential for future growth or change in the company's ownership structure.

omnibus incentive plan financial

"Approve the 2025 Omnibus Incentive Plan; andApprove, on a non-binding"

An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.

non-binding advisory regulatory

"Approve, on a non-binding advisory basis, the special, performance-based"

A non-binding advisory is a formal recommendation or vote that expresses shareholder or stakeholder opinion but does not create a legal obligation for a company to act. It matters to investors because it signals how influential groups view management decisions or policies; markets often react to that signal as if it were binding, even though the company can ignore it. Think of it like a public opinion poll that can pressure leaders but cannot force a change.

performance-based compensation financial

"advisory basis, the special, performance-based compensation arrangement for"

Pay that rises or falls with measurable results, where employees or executives receive bonuses, stock, or other rewards only if specific performance goals are met. Investors care because it aligns the interests of managers with owners—like paying a driver by miles driven rather than time—so it can encourage stronger company results, affect future earnings and risk-taking, and signal confidence (or potential incentives for short-term decisions).

AI-generated analysis. Not financial advice.

Chairman Tom Lee urges stockholders to vote YES to proposal #2 to support Bitmine's goal of growing ETH per share

Stockholders can find the latest information around voting YES and the Chairman's message on the Bitmine website

Bitmine staked ETH stands at 1,256,083 and MAVAN staking solution on track to launch Q1 2026

Bitmine remains the largest 'fresh money' buyer of ETH in the world

Bitmine now owns 3.45% of the ETH token supply, nearly 70% of the way to the 'Alchemy of 5%' in just 6 months

Bitmine Crypto + Total Cash Holdings + "Moonshots" total $14.0 billion, including 4.168 million ETH tokens, total cash of $988 million, and other crypto holdings

Bitmine will hold its Annual Stockholder Meeting at the Wynn Las Vegas on January 15, 2026

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 67th most traded stock in the US, trading $1.3 billion per day (5-day avg)

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 5% of ETH

LAS VEGAS, Jan. 12, 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 $14.0 billion.

As of January 11th at 7:00pm ET, the Company's crypto holdings are comprised of 4,167,768 ETH at $3,119 per ETH (Coinbase), 193 Bitcoin (BTC), $23 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $988 million. Bitmine's ETH holdings are 3.45% of the ETH supply (of 120.7 million ETH).

"2026 augurs many positive things for crypto with stablecoin adoption and tokenization driving to make blockchain the settlement layer of Wall Street, particularly favoring Ethereum," said Thomas "Tom" Lee of Fundstrat, Chairman of Bitmine. "We continue to view the leverage reset post October 10th, 2025 as akin to the 'mini crypto winter.' 2026 is the year crypto prices recover and with stronger gains in 2027-2028."

"In the past week, we acquired 24,266 ETH and still managed to increase our cash position by $73 million," continued Lee. "Bitmine only issues equity selectively and only at a premium to mNAV. We remain the largest 'fresh money' buyer of ETH in the world," stated Mr. Lee. "And when MAVAN launches its commercial operations, we will be the largest staking provider in the entire crypto ecosystem."

Bitmine released a special Chairman's message (link) explaining why Bitmine stockholders should vote to support the amendment to increase authorized shares ahead of the upcoming annual stockholder meeting on January 15, 2026 (the "Annual Meeting").

"Bitmine charter has an unusual feature requiring 50.1% of all shares outstanding to support a share increase. This is an extremely high bar and thus, makes it very difficult to get an authorized share increase. We need to pursue this increase now as Bitmine is soon to exhaust its current 500 million authorization. And when that happens, our ETH accumulation will slow. Thus, we need stockholders to approve proposal #2 to increase authorized shares," said Tom Lee. "Bitmine's sole focus remains creating stockholder value, achieving this by accretively acquiring ETH per share, and has only issued shares at mNAV premium, optimizing yield and income on its ETH holdings, and strategically investing the balance sheet on 'moonshots' and leveraging the company's strong community and market position to generate additional returns."

As of January 11, 2026, Bitmine total staked ETH stands at 1,256,083 ($3.9 billion at $3,119 per ETH). This is an increase of 596,864 in the past week. This is a fraction of the 4.17 million ETH held by Bitmine. The CESR (composite Ethereum staking rate, administered by Quatrefoil) is 2.81%. Bitmine is currently working with 3 staking providers as the company moves towards unveiling its commercial MAVAN (Made in America VAlidator Network) in 2026. "Bitmine has staked more ETH than other entities in the world."

"At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the ETH staking fee is $374 million annual (using 2.81% CESR), or greater than $1 million per day," stated Tom Lee. "We continue to make progress on our staking solution known as The Made in America Validator Network (MAVAN). This will be the 'best-in-class' solution offering secure staking infrastructure and will be deployed in early calendar 2026," continued Lee.

Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (MSTR), which owns 672,497 BTC valued at $61 billion. Bitmine remains the largest ETH treasury in the world. 

Bitmine is now one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $1.3 billion (5-day average, as of January 9, 2026), ranking #67 in the US, behind Vistra (rank #66) and ahead of Cisco (rank #68) among 5,704 US-listed stocks (statista.com and Fundstrat research).

Bitmine will hold its Annual Meeting at the Wynn Las Vegas on January 15, 2026. The company encourages stockholders to vote and attend its in-person Annual Meeting. Details and the agenda for the Annual Meeting can be found below:

Bitmine's Annual Meeting:

• Location: Wynn Las Vegas, 3131 Las Vegas Blvd S, Las Vegas, Nevada 89109
• Timing: 12:00pm-3:00pm PST
• Agenda:

1. 1. Elect eight (8) directors for the next year;
   2. Approve the charter amendment to increase the number of authorized shares of common stock;
   3. Approve the 2025 Omnibus Incentive Plan; and
   4. Approve, on a non-binding advisory basis, the special, performance-based compensation arrangement for the executive chairman

• Attending the Annual Meeting: Stockholders wishing to attend the Annual Meeting in person must register in advance at https://web.viewproxy.com/BMNR/2026 and follow the instructions provided. Registration must be completed and submitted no later than January 13, 2026 at 11:59 p.m. Eastern Time.
  • On the day of the meeting, please be ready to show your ticket and photo ID at the door for entry. If you have any questions, or need assistance with the registration process please contact Alliance Advisors at LogisticsSupport@allianceadvisors.com.
• Voting: Stockholders can vote either in person at the Annual Meeting or by proxy whether or not you attend the Annual Meeting utilizing one of the following methods:
  • By mail: All stockholders of record who received paper copies of the company's proxy materials can vote by marking, signing, dating, and returning their proxy card.
  • By telephone: Please call the number listed on your proxy card and follow the recorded instructions. You will need the control number included on your proxy card.
  • By internet: Please visit https://AALvote.com/BMNR or, if you received printed copies of your proxy materials, scan the QR code located on your proxy card. You will need the control number included on your proxy card.
  • The telephone and internet voting facilities for the stockholders of record of all shares will close at 11:59 p.m., Eastern Time on January 14, 2026.
• If you have any questions or need assistance please contact Alliance Advisors at
  • 1-855-206-1722 or BMNR@allianceadvisors.com 
  • Hours of Operation:
    • Monday – Friday: 9am-10pm EST
    • Saturday – Sunday: 10am-10pm EST

The Annual Meeting will be livestreamed on Bitmine's X account: https://x.com/bitmnr 

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 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 5%," the company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The company will launch MAVAN (Made-in America Validator Network), a dedicated staking infrastructure for Bitmine assets, in Q1 of 2026.

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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-168-million-tokens-and-total-crypto-and-total-cash-holdings-of-14-0-billion-302658171.html

SOURCE BitMine Immersion Technologies, Inc.

FAQ

How many ETH does Bitmine (BMNR) report owning as of Jan 11, 2026?

Bitmine reports owning 4,167,768 ETH as of Jan 11, 2026.

What is Bitmine's total crypto plus cash holdings reported on Jan 11, 2026 for BMNR?

Bitmine reports $14.0 billion in crypto + total cash + moonshots as of Jan 11, 2026.

How much ETH has Bitmine staked and what is its estimated value on Jan 11, 2026?

Bitmine has staked 1,256,083 ETH, valued at about $3.9 billion at $3,119/ETH.

Why is Bitmine (BMNR) asking shareholders to approve a charter amendment on Jan 15, 2026?

The company seeks to increase authorized shares to avoid exhausting the current 500 million authorization and to continue ETH accumulation.

What is Bitmine's recent trading liquidity for BMNR?

Bitmine reports a 5-day average daily dollar trading volume of $1.3 billion, ranking it #67 among US-listed stocks.

When and where is Bitmine's 2026 Annual Meeting for BMNR stockholders?

The Annual Meeting is scheduled for Jan 15, 2026 at the Wynn Las Vegas from 12:00pm–3:00pm PST.