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Bitmine Immersion Technologies announced its crypto and cash holdings reached $14.9 billion as of August 23, 2026
BMNEPBitmine Immersion Technologies, Inc.
Bitmine Immersion Technologies announced its crypto and cash holdings reached $14.9 billion as of August 23, 2026. The company holds 5.85 million ETH (4.8% of total supply) valued at approximately $14.3 billion, alongside 210 BTC, $308 million in cash and marketable securities, and strategic investments including an $89 million stake in Eightco Holdings and a $180 million stake in Beast Industries. Bitmine has acquired ETH weekly since June 30, 2025, recently purchasing 32,447 tokens. The company also highlighted its MAVAN staking platform, which holds 5.07 million ETH generating an annualized yield of 2.67%. Bitmine operates in the blockchain technology infrastructure industry, focusing on institutional digital asset staking, validation services, and bitcoin mining.