Norwalk, Conn. – September 12, 2026 -- Bitmine Immersion Technologies (NYSE: BMNR) disclosed that its total crypto, cash and marketable securities holdings reached $15.7 billion as of September 7, 2026, driven by an Ethereum treasury of 5,929,198 ETH tokens valued at $2,495 per coin.
The holding equals 4.9% of ETH's total 122.0 million token supply, putting the company 97% of the way toward its stated goal of acquiring 5% of all Ethereum in circulation just 15 months after launching its treasury strategy on June 30, 2025.
Bitmine's stock ranks fourth among Russell 1000 gainers with a 99% quarterly return
Chairman Thomas Lee said four of the top 21 performing stocks in the Russell 1000 since June 30 are crypto-related, with Bitmine common shares posting a 99% gain versus the index's 3% return. The company joined the Russell 1000 Large-cap index on June 26, 2026, and its Series A preferred shares trade on the NYSE under ticker BMNP.
Ethereum outperforms the S&P 500 by 5,430 basis points in the third quarter
Lee said ETH is the top-performing macro asset quarter-to-date, ahead of the S&P 500 by 5,430 basis points through last Friday, with ETH, BTC and SOL ranking as the three best-performing assets since June 30. Lee cited the upcoming CLARITY Act vote, expected mid-September, alongside renewed Korean investor buying of crypto over AI stocks as near-term catalysts.
Bitmine has staked 5.07 million ETH worth $12.6 billion through its MAVAN platform
As of September 7, 2026, Bitmine's staked ETH totaled 5,067,309 tokens, or 85% of its full holdings, generating a 2.61% seven-day annualized yield. Lee projected annualized staking revenue at $330 million currently, rising to $386 million once all ETH holdings are fully staked through MAVAN (Made in America VAlidator Network), the institutional staking platform Bitmine launched in early 2026 to serve outside institutional investors and custodians.
Company adds 28,086 ETH in past week, maintaining unbroken weekly buying streak
Bitmine said it has purchased ETH every week since launching its treasury strategy 15 months ago, a pattern Lee described as unmatched among public companies. The firm also holds 211 Bitcoin, a $180 million stake in Beast Industries, and a $91 million stake in Eightco Holdings (NASDAQ: ORBS), which the company said gives investors indirect exposure to OpenAI. Total cash and marketable securities stood at $593 million.
Bitmine trades $1.1 billion daily, ranking 81st among 5,704 U.S.-listed stocks
Citing Fundstrat data, the company said its five-day average daily trading volume of $1.1 billion as of September 4, 2026, placed it 81st by volume among U.S. public equities, ahead of TJX Companies and behind Intuit. Bitmine remains the world's second-largest crypto treasury by asset value, trailing only Strategy Inc., which holds a reported 840,447 BTC valued at roughly $66 billion, while Bitmine retains its position as the largest Ethereum treasury globally.
The company's institutional backers include ARK Invest's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and Tom Lee personally, supporting the firm's target of accumulating 5% of ETH supply. Tom DeMark, founder of DeMark Analytics and a Bitmine capital markets advisor, said a technical indicator expiring in August points to a resumption of ETH's prior uptrend.