Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.875 Million Tokens, and Total Crypto and Total Cash Holdings of $11.8 Billion

Rhea-AI Summary

Bitmine (NYSE:BMNR) announced crypto + total cash + “moonshots” holdings of $11.8 billion as of April 13, 2026, including 4,874,858 ETH (4.04% of supply) and $719 million cash. Total staked ETH is 3,334,637, representing $7.4 billion at $2,206/ETH.

The company also noted its recent uplisting to the NYSE on April 9, 2026 and launched MAVAN, an institutional Ethereum staking platform.

Positive

• Crypto holdings of $11.8 billion
• ETH treasury of 4,874,858 tokens (4.04% of supply)
• Staked ETH of 3,334,637 valued at $7.4 billion
• Annualized staking revenue reported at $212 million
• Uplisting to the New York Stock Exchange on April 9, 2026

Negative

• Concentration risk: 68% of ETH holdings are staked (operational and custodian exposure)
• Market-value sensitivity: holdings valued at $2,206/ETH expose NAV to ETH price swings
• Large equity stakes ($285 million combined) in moonshots may dilute core crypto focus

News Market Reaction – ORBS

+15.03%

50 alerts

+15.03% News Effect

+21.9% Peak in 18 hr 46 min

+$25M Valuation Impact

$193.30M Market Cap

0.7x Rel. Volume

On the day this news was published, ORBS gained 15.03%, reflecting a significant positive market reaction. Argus tracked a peak move of +21.9% during that session. Our momentum scanner triggered 50 alerts that day, indicating high trading interest and price volatility. This price movement added approximately $25M to the company's valuation, bringing the market cap to $193.30M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Total crypto + cash + moonshots: $11.8 billion ETH holdings: 4,874,858 ETH Staked ETH: 3,334,637 ETH +5 more

8 metrics

Total crypto + cash + moonshots $11.8 billion Bitmine holdings as of April 12, 2026

ETH holdings 4,874,858 ETH Bitmine crypto treasury as of April 12, 2026

Staked ETH 3,334,637 ETH Total staked ETH as of April 13, 2026

Cash balance $719 million Total cash as part of $11.8B holdings

Beast Industries stake $200 million Equity stake included in Bitmine moonshots

Eightco (ORBS) stake $85 million Bitmine equity stake in Eightco Holdings

Annualized staking revenues $212 million Based on current 3.3M staked ETH

Projected staking reward $310 million annually At scale using 2.89% 7-day BMNR yield

Market Reality Check

Price: $0.8729 Vol: Volume 26,410,297 is belo...

normal vol

$0.8729 Last Close

Volume Volume 26,410,297 is below the 20-day average of 35,992,068, indicating muted trading vs recent activity. normal

Technical Shares trade below the 200-day MA of 3.81, with price at 0.8442 and 95.73% below the 52-week high.

Peers on Argus

ORBS is down 3.64% with no peers in momentum scanners and no same-day peer headl...

ORBS is down 3.64% with no peers in momentum scanners and no same-day peer headlines, pointing to a stock-specific move rather than a sector-wide shift.

Previous Crypto Reports

5 past events · Latest: Mar 31 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 31	Crypto treasury update	Positive	+8.4%	Eightco detailed $326M in crypto and AI-related holdings, including WLD and ETH.
Mar 16	Crypto treasury update	Positive	+39.0%	Bitmine reported $11.5B in crypto, cash and moonshots with 4.596M ETH.
Mar 02	Crypto treasury update	Positive	+2.9%	Bitmine disclosed $9.9B holdings and 4.474M ETH with rising staking revenues.
Feb 02	Crypto treasury update	Positive	-9.7%	Bitmine announced $10.7B in holdings and 4.285M ETH plus higher staking revenues.
Jan 26	Crypto treasury update	Positive	-1.4%	Bitmine reported $12.8B in crypto, cash and moonshots with 4.243M ETH.

Pattern Detected

Crypto-treasury updates for Bitmine and ORBS have generally been received positively, but reactions are mixed, with several strong rallies and a couple of notable sell-offs following similar announcements.

Recent Company History

Over recent months, Bitmine and Eightco have repeatedly highlighted growing crypto treasuries and staking activity. Prior crypto-tag updates showed ETH holdings rising from 4.243M to 4.596M, total holdings between $9.9B and $12.8B, and annualized staking revenues up to $188M. Eightco’s crypto updates emphasized large WLD and ETH positions plus OpenAI exposure. Today’s news continues this pattern, with Bitmine’s larger ETH stake and increased staking revenues reinforcing the accumulation theme.

Historical Comparison

+7.8% avg move · Across five prior crypto-tag updates, the average one-day move was 7.84%, with announcements consist...

crypto

+7.8%

Average Historical Move crypto

Across five prior crypto-tag updates, the average one-day move was 7.84%, with announcements consistently emphasizing expanding ETH holdings, staking activity, and large crypto treasuries.

Crypto-tag history shows Bitmine’s ETH rising from 4.243M to 4.596M and total holdings between $9.9B and $12.8B, alongside growing staked ETH and higher annualized staking revenues.

Market Pulse Summary

The stock surged +15.0% in the session following this news. A strong positive reaction aligns with p...

Analysis

The stock surged +15.0% in the session following this news. A strong positive reaction aligns with prior crypto-treasury updates, where Bitmine’s growing ETH position and staking revenues often preceded sizable moves. However, ORBS traded 95.73% below its 52-week high and below the 3.81 200-day MA beforehand, so any sharp rally could face technical overhead. Past history shows both rallies and reversals after similar announcements, suggesting sensitivity to broader crypto sentiment and liquidity conditions.

Key Terms

validator network, staking, staking reward, composite ethereum staking rate, +3 more

7 terms

validator network technical

"MAVAN (Made in American VAlidator Network), the institutional grade staking platform."

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.

staking technical

"institutional grade staking platform. While MAVAN was originally developed to support"

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.

staking reward technical

"the projected ETH staking reward is $310 million annually (using 2.89% 7-day"

A staking reward is the payout an investor receives for locking up digital tokens to help run and secure a blockchain network, similar to earning interest for leaving money in a savings account or getting rent from letting someone use your property. It matters to investors because these rewards boost total returns and influence the supply and value of the token, while also coming with trade-offs like lock-up periods, network performance risk, and variable payout rates.

composite ethereum staking rate technical

"The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.73%,"

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.

cesr technical

"The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.73%,"

CESR was a European regulatory committee that coordinated national securities regulators across countries to create consistent rules, share information and issue guidance on market oversight. Investors care because its work shaped transparency, reporting and cross‑border enforcement standards that affect how easily markets operate and how reliably companies disclose information—much like a traffic-planning agency makes roads safer and smoother between neighboring towns.

btc technical

"holdings are comprised of 4,874,858 ETH at $2,206 per ETH, 198 Bitcoin (BTC), $200"

BTC is the common ticker and shorthand for Bitcoin, a digital currency that exists on a decentralized computer network instead of being issued by a government or bank. Investors care about BTC because its market price signals demand for that asset, can swing sharply like a volatile commodity, and can influence portfolio risk, market sentiment, and companies with exposure to cryptocurrencies—similar to how oil prices affect energy markets.

ethereum technical

"MAVAN (Made in America Validator Network) is a premier Ethereum staking destination"

Ethereum is a digital money system and computing platform built on a shared online ledger called a blockchain; its native token, ether (ETH), is used to pay for transactions and run automated contracts. Investors care because ether acts like a tradeable asset whose price can move sharply, and the platform’s usage, upgrades, and rules affect supply, demand and potential returns—think of it as both a new kind of commodity and the fuel for a global app store.

AI-generated analysis. Not financial advice.

Bitmine now owns more than 4% of the total ETH coin supply of 120.7 million

Bitmine is 81% of the way to the 'Alchemy of 5%' in just 9 months

Bitmine uplisted to the New York Stock Exchange ("NYSE") from the NYSE American effective as of April 9, 2026

Bitmine has 3,334,637 staked ETH, representing $7.4 billion at $2,206 per ETH

MAVAN (Made in America Validator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience

Bitmine owns $85 million of Eightco (NASDAQ-ORBS), now one of the only publicly listed equities in the world to give investors direct exposure to OpenAI

Bitmine Crypto + Total Cash Holdings + "Moonshots" total $11.8 billion, including 4.875 million ETH tokens, total cash of $719 million, and other crypto holdings

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 117th most traded stock in the US, trading $747 million 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

NORWALK, Conn., April 13, 2026 /PRNewswire/ -- (NYSE: 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 $11.8 billion.

The Company recently announced its uplisting to the New York Stock Exchange ("NYSE") from the NYSE American on April 9, 2026. The Company's common stock continues to trade under the symbol "BMNR".

As of April 12, 2026 at 3:30pm ET, the Company's crypto holdings are comprised of 4,874,858 ETH at $2,206 per ETH, 198 Bitcoin (BTC), $200 million stake in Beast Industries, $85 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $719 million. Bitmine's ETH holdings are 4.04% of the ETH supply (of 120.7 million ETH).

"The Iran war enters its 7th week and this war remains the most important driver of global markets. ETH is now the best performing asset since the start of the war, with a 17.4% gain and outperforming the S&P 500 by 1,830 basis points. And we believe ETH beating gold by 2,743 basis points demonstrates ETH is the wartime store of value," said Thomas "Tom" Lee, Chairman of Bitmine.

"Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains," continued Lee.

"Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case ETH is in the final stages of the 'mini-crypto winter.' In the past week, we acquired 71,524 ETH which is the highest pace of buys since the week of December 22, 2025." 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 April 13, 2026, Bitmine total staked ETH stands at 3,334,637 ($7.4 billion at $2,206 per ETH). "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 projected ETH staking reward is $310 million annually (using 2.89% 7-day BMNR yield)," stated Lee.

"Annualized staking revenues are now $212 million. And this 3.3 million ETH is about 68% of the 4.87 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.73%, while Bitmine's own staking operations generated a 7-day yield of 2.89% (annualized)," continued Lee.

Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 766,970 BTC valued at $54.5 billion. Bitmine remains the largest ETH treasury in the world. 

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 $747 million (5-day average, as of April 10, 2026), ranking #117 in the US, behind Intuitive Surgical (rank #116) and ahead of Applied Digital (rank #118) among 5,704 US-listed stocks (statista.com and Fundstrat research).

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: 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 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 launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat

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: (i) progress and achievement of the Company's goals regarding ETH acquisition, including the 'Alchemy of 5%' initiative and the long-term value of Ethereum; (ii) the Company's beliefs regarding Ethereum's performance relative to other assets, including its characterization as a "wartime store of value" and its performance during geopolitical events; (iii) the Company's expectations regarding the current state and future trajectory of the cryptocurrency market, including statements that ETH may be in the "final stages of the mini-crypto winter"; (iv) continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company; (v) the Company's share repurchase program, including statements regarding shares trading below intrinsic value, the Company's ability to accretively retire common shares, and the execution of repurchases through open market transactions; (vi) the Company's digital asset accumulation strategy and staking operations, including MAVAN, its expansion to serve institutional investors, custodians, and ecosystem partners, and projected annual staking revenues and rewards; (vii) statements regarding the benefits of Wall Street tokenization on the blockchain and agentic AI systems utilizing public blockchains; (viii) expectations regarding the potential impact of regulatory developments, including the GENIUS Act and SEC Project Crypto, on financial services and digital assets; and (ix) the Company's financial flexibility to support its treasury operations and expanded repurchase authorization. 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, share repurchase program, and proposed future business; the competitive environment of Bitmine's business; market conditions affecting the trading price of the Company's common stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; geopolitical events and their impact on cryptocurrency markets; the volatility and unpredictability of digital asset prices; 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.

FAQ

How much ETH does Bitmine (BMNR) hold and what percent of supply is that as of April 12, 2026?

Bitmine holds 4,874,858 ETH, equal to 4.04% of total ETH supply. According to the company, that count uses a 120.7 million ETH supply basis and a $2,206 per-ETH valuation as of April 12, 2026.

How many ETH has Bitmine (BMNR) staked and what annual staking revenue does it report?

Bitmine has staked 3,334,637 ETH, generating $212 million annualized staking revenue. According to the company, staking valuation uses $2,206 per ETH and a 7-day BMNR yield of 2.89%.

What is MAVAN and how does it affect Bitmine (BMNR) shareholders?

MAVAN is an institutional-grade Ethereum staking platform launched by Bitmine to support staking operations and third-party custody. According to the company, MAVAN aims to scale staking for institutional clients and formalize staking revenue capture for BMNR shareholders via institutional services.

What did Bitmine (BMNR) announce about its NYSE listing on April 9, 2026?

Bitmine announced it uplisted to the New York Stock Exchange effective April 9, 2026 and continues trading under BMNR. According to the company, the uplisting follows growth in trading liquidity and larger institutional investor support.

How has Bitmine (BMNR) been acquiring ETH recently and what buying pace was reported?

Bitmine increased ETH buys over the past four weeks, acquiring 71,524 ETH in the most recent week. According to the company, this is the highest weekly purchase pace since December 22, 2025 and supports its goal toward a 5% ETH stake.