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Bitmine Immersion Technologies terminated its Management Services Agreement with Ethereum Tower effective September 3…
BMNRBitmine Immersion Technologies, Inc.
Bitmine Immersion Technologies terminated its Management Services Agreement with Ethereum Tower effective September 3, 2026, without incurring material penalties. The company entered into a new advisory services agreement with American Validator LLC for staking operations at a fee of 1.50% of rewards. Concurrently, the company disclosed that as of September 7, 2026, its total crypto and cash holdings reached $15.7 billion, comprising 5.93 million ETH valued at approximately $14.8 billion, $180 million in Beast Industries, $91 million in Eightco Holdings, and $593 million in cash. The company holds 4.9% of the total Ethereum supply and has staked over 5 million ETH on its MAVAN platform.