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Bitmine Immersion Technologies Reports $16.2 Billion in Crypto, Cash, and Securities

Bitmine Immersion Technologies announced its total holdings of cryptocurrencies, cash, and marketable securities have reached $16.2 billion. The company's Ethereum holdings now amount to 6.03 million tokens.

14 October 2026
Bitmine Immersion Technologies Reports $16.2 Billion in Crypto, Cash, and Securities

Norwalk, Connecticut โ€“ October 14, 2026 โ€“ Bitmine Immersion Technologies, Inc. has announced that its total holdings of cryptocurrencies, cash, and marketable securities have reached $16.2 billion. The company, which focuses on building long-term cryptocurrency reserves, reported a significant increase in its Ethereum holdings, now totaling 6.03 million tokens.

As of October 11, 2026, the company's Ethereum holdings are valued at approximately $12.9 billion, based on 5.07 million staked ETH tokens at an estimated price of $2,544 per ETH. Beyond its Ethereum reserves, Bitmine's total assets include 214 Bitcoin, an $180 million stake in Beast Industries, and an $85 million stake in Eightco Holdings, providing indirect exposure to OpenAI.

The company has advanced toward its goal of acquiring 5% of the total Ethereum supply, holding 4.9% within 15 months. Bitmine was also added to the Russell 1000 Large-Cap Index in June 2026, with its Series A preferred shares trading on the NYSE under the ticker BMNP.

Bitmine Immersion Technologies is supported by a group of institutional investors, including ARK's Cathie Wood and Pantera. The company continues to pursue its strategy of expanding its Ethereum market share while managing its diverse portfolio of digital assets and securities.

Original source: prnewswire.com