Bitmine Immersion Technologies, Inc. changed its fiscal year-end from August 31 to December 31. The new fiscal year will be effective after the year ending August 31, 2026, with the next full fiscal year running from January 1, 2027 to December 31, 2027. A transition report for the period September 1, 2026 through December 31, 2026 is expected on Form 10-KT.
The company reported combined crypto, cash, marketable securities and “moonshot” holdings of $11.3 billion, including 5,770,038 ETH valued at $1,820 per ETH, 206 BTC, a $180 million stake in Beast Industries, a $69 million stake in Eightco, and $482 million in cash and marketable securities. Bitmine holds 4.8% of the ETH supply of 120.7 million ETH, with 4,917,189 ETH staked (about $9.0 billion). Projected annualized ETH staking rewards are cited at $284 million when fully staked, with current projected annualized staking revenues of $242 million.
On June 10, 2026, Bitmine closed an offering of 3,500,000 shares of 9.50% Series A Perpetual Preferred Stock at $80.00 per share, receiving approximately $273.8 million in net proceeds. The preferred stock trades on the NYSE under the symbol BMNP, with dividends scheduled to be paid weekly. Bitmine was added to the Russell 1000 Large-cap Index on June 26, 2026.
Bitmine Immersion Technologies updated investors on its crypto-focused balance sheet and recent financing. As of June 28, 2026, the company reports total crypto, cash, marketable securities, and "moonshot" investments of $11.1 billion, including 5.74 million ETH, 206 Bitcoin, and $527 million of cash and marketable securities.
Bitmine holds 4.8% of the total ETH supply and had 4,879,157 ETH staked, valued at $8.8 billion using $1,800 per ETH. Management cites projected annualized ETH staking rewards of about $277 million at scale and current projected annualized staking revenues of about $235 million. The company was added to the Russell 1000 Large-cap Index on June 26, 2026.
Bitmine also closed an offering of 3,500,000 shares of its 9.50% Series A Perpetual Preferred Stock at $80.00 per share, generating approximately $273.8 million in net proceeds. The preferred shares trade on the NYSE under the symbol BMNP, with dividends scheduled to be paid weekly, subject to the certificate of designations.
Bitmine Immersion Technologies updated the market on its crypto treasury, cash position, and recent financing. The company reports combined crypto, cash, marketable securities and “moonshot” investments totaling $9.8 billion, including 5,700,040 ETH, 206 Bitcoin, and $555 million in cash and marketable securities.
Bitmine’s ETH holdings represent 4.7% of the 120.7 million ETH supply, with 4,879,157 ETH staked, valued at $7.7 billion at $1,569 per ETH. Management notes projected annualized ETH staking rewards of about $246 million when its ETH is fully staked, and current projected annualized staking revenues of $211 million.
The company highlights recent milestones, including addition to the Russell 1000 Large-cap Index and completion of an offering of 3,500,000 shares of 9.50% Series A Perpetual Preferred Stock at $80.00 per share, generating approximately $273.8 million in net proceeds. The preferred shares trade on the NYSE under the symbol BMNP, with dividends scheduled to be paid weekly, subject to their terms.