Bitmine Reports $9.8B Crypto + Cash Holdings, 5.70M ETH (4.7% of Supply); Added to Russell 1000
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Bitmine reported $9.8 billion in combined crypto, cash and marketable securities, including 5.70 million ETH.
Key Highlights:
- Holds 5,700,040 ETH (4.7% of 120.7M supply) valued at $1,569 per ETH, part of $9.8B total holdings.
- Total staked ETH: 4,879,157 (worth $7.7B); current 7-day yield 2.75% implying $211M projected annualized staking revenue.
- Completed Series A Preferred offering: 3.5M shares at $80; net proceeds ~$273.8M; Series A trades as BMNP on NYSE.
- Added to the Russell 1000 Large-cap Index on June 26, 2026, expected to expand institutional ownership.
- Other assets include 206 BTC, $180M stake in Beast Industries, $74M stake in Eightco, and $555M cash & marketable securities.
Original SEC Filing: BITMINE IMMERSION TECHNOLOGIES, INC. [ BMNR ] - 8-K - Jun. 29, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.