Norwalk, Connecticut – September 15, 2026 -- Bitmine Immersion Technologies (NYSE: BMNR) reported total crypto, cash and moonshot holdings of $15.7 billion as of September 7, 2026, driven by 5,929,198 ETH tokens valued at $2,495 apiece.
Bitmine holds 4.9% of Ethereum's total supply, nearing its 5% accumulation target
The company's ETH position represents 4.9% of Ethereum's 122 million token supply, putting Bitmine 97% of the way toward what Chairman Thomas Lee calls the '5% Alchemy' goal, reached in 15 months since the treasury strategy launched on June 30, 2025. The portfolio also includes 211 bitcoin, a $180 million stake in Beast Industries, a $91 million stake in Eightco Holdings (NASDAQ: ORBS), and $593 million in cash and marketable securities.
BMNR stock surges 99% since quarter start, ranking fourth in the Russell 1000
Bitmine's common shares have risen 99% since June 30, versus a 3% gain for the Russell 1000 benchmark, making BMNR the index's fourth-best performer. Four of the top 21 Russell 1000 stocks since quarter-start are crypto-linked, according to Lee, who argued benchmark-tracking fund managers may be underexposed to the sector. Bitmine joined the Russell 1000 Large-cap index on June 26, 2026, and its Class A preferred shares trade on the NYSE under ticker BMNP.
Ethereum outpaces the S&P 500 by 5,430 basis points in the third quarter
ETH stands as the best-performing macro asset of Q3 2026 to date, with ETH, BTC and SOL representing the quarter's top three performers overall. Lee cited the pending mid-September vote on the CLARITY Act and renewed Korean investor buying of crypto over AI stocks as near-term catalysts, alongside expectations that the four-year crypto cycle will bottom in coming weeks.
Bitmine stakes 5.07 million ETH worth $12.6 billion through its MAVAN platform
As of September 7, 2026, Bitmine had staked 5,067,309 ETH — 85% of its total holdings — worth $12.6 billion, generating a 7-day annualized staking yield of 2.61%. Lee said this represents more staked ETH than any other entity globally, with annualized staking revenue currently estimated at $330 million and projected to reach $386 million once fully staked across MAVAN and its partners. MAVAN, launched in early 2026, was originally built to support Bitmine's own treasury before expanding to serve institutional investors and custodians.
Bitmine adds 28,086 ETH in a single week, extending an unbroken buying streak
The company purchased 28,086 ETH over the past week, continuing a run of weekly ETH acquisitions dating to the strategy's June 2025 launch. Bitmine traded at an average daily volume of $1.10 billion over five days through September 4, 2026, ranking 81st among 5,704 U.S.-listed stocks — ahead of TJX Companies and just behind Intuit. Bitmine remains the largest Ethereum treasury globally and the second-largest crypto treasury overall, trailing only Strategy Inc.'s roughly $66 billion bitcoin holdings.