Skip to content
- Bitmine’s total crypto, cash, securities, and strategic investments reached $10.7 billion as of June 21, 2026.
- The company holds 5.67 million ETH, equal to about 4.7% of Ethereum’s total supply.
- More than 4.7 million ETH is already staked through Bitmine’s growing staking operations.
Bitmine Immersion Technologies has reported total holdings worth $10.7 billion, highlighting the rapid growth of its crypto-focused treasury strategy. The company continues to build its position in digital assets while expanding staking operations and increasing exposure to long-term blockchain opportunities.
Bitmine had a total of 5,672,956 Ethereum tokens worth around $1,733 apiece as of June 21, 2026. Bitmine also had 205 Bitcoin, along with $601 million in cash and investments in marketable securities.
Aside from its cryptocurrency portfolio, Bitmine also had an investment worth $180 million in Beast Industries and $104 million in Eightco Holdings. Currently, Bitmine holds roughly 4.7% of all the Ethereum tokens in circulation.
Bitmine Strengthens Balance Sheet With New Funding
The trend of growing Ethereum holdings by Bitmine persisted throughout 2026. Within a single week, the firm purchased 52,203 units of ETH. The firm considers prevailing market conditions to be an opportunity to start the next growth phase for digital currencies and blockchain infrastructure.
Management of the company anticipates that tokenization and developments in artificial intelligence technology will lead to higher demand for blockchain networks. Companies that have large cryptocurrency holdings might take advantage of the increased activity in networks as more financial products and digital services migrate to decentralized networks.
Furthermore, the financial situation of the firm was bolstered by the issuance of preferred stocks that took place on June 10th. Bitmine offered to sell 3.5 million shares of its 9.50% Series A Perpetual Preferred Stock with par value of $80 each.
The net proceeds after covering costs and underwriting amounted to about $273.8 million. The shares of preferred stock are traded on the New York Stock Exchange with the symbol BMNP. Dividends will be paid weekly.
Staking Operations Expand Through MAVAN
Recently, Bitmine launched the MAVAN platform, which is designed specifically for the company’s own Ethereum treasury. The company intends to make its platform available for institutional investors, custodians, and other partners from its ecosystem.
At present, Bitmine has staked 4,718,677 ETH, which constitutes more than 83% of its total Ethereum holding. Given current estimates, staking earnings can go up to $223 million annually. Management thinks that the earnings can grow further since more and more assets are being staked on the platform.
In addition, a growing treasury has contributed to Bitmine’s growing position in the public market crypto companies. It is the largest Ethereum treasury in the world and the second-largest crypto treasury overall, right after Strategy’s Bitcoin holding.
Moreover, the company managed to become one of the firms included in the Fortune 100 Crypto List in June 2026. Management believes that new regulation developments and rising blockchain adoption will provide a lot of opportunities for such firms.
Also Read: Bhutan Moves $34.6M in Bitcoin to Binance-Linked Address
