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- Bitmine’s total crypto, cash, and strategic holdings reached $9.6 billion.
- The company now holds more than 5.54 million ETH, equal to 4.59% of Ethereum’s supply.
- Bitmine expanded staking operations and increased ETH purchases during the recent market pullback.
Bitmine Immersion Technologies reported a sharp increase in the value of its digital asset portfolio, with total crypto holdings, cash reserves, and strategic investments reaching $9.6 billion as of June 7, 2026. The update highlights the company’s continued focus on building one of the largest cryptocurrency treasuries in the market while expanding its Ethereum staking operations.
The company disclosed that it holds 5,543,872 ETH, 204 Bitcoin, $247 million in cash, and additional investments valued at $268 million. These investments include a stake in Beast Industries worth $180 million and an $88 million position in Eightco Holdings. Together, these assets form what Bitmine describes as its crypto, cash, and moonshot portfolio.
Bitmine Strengthens Ethereum Treasury
In response to the current market sell-off, Bitmine has expanded its stake in Ethereum. In just one week, Bitmine has purchased an extra 126,971 ETH, becoming the owner of the largest treasury of Ethereum in the world. Currently, Bitmine holds about 4.59% of all available ETH.
Management sees no reason why the current price drop should have any impact on the future growth of blockchain platforms. Management regards Ethereum as a key infrastructure component that enables many DeFi solutions.
The rapid development of artificial intelligence technologies is expected to increase the need for security and decentralization, which could drive broader blockchain adoption. One of the major factors driving growth is the practice of staking. As of June 7, Bitmine has staked over 85% of its ETH stake of about 4.7 million coins, worth roughly $7.7 billion.
Bitmine Grows Institutional Staking Services
Recently, Bitmine introduced MAVAN, which stands for Made in American VAlidator Network. Initially, the platform was created to allow users to stake their funds in the company’s Ethereum treasury. However, the company is now aiming at attracting other market participants, including institutions and custodians, who are looking for staking services.
It is expected that annual staking income may grow up to $230 million. Once the platform reaches its full capacity, management expects the income from staking to increase to $270 million annually. Bitmine generated the seven-day return on its Ethereum assets amounting to 2.99%. Bitmine continues to be visible in public markets. BMNR took the 148th position among more than 5,700 publicly listed companies on the basis of five-day trading volume.
As new regulations emerge and more countries start adopting blockchains, Bitmine will see increasing opportunities due to its billions in assets, rising income from staking, and substantial Ethereum treasury.
Also Read: Bitcoin Community Splits Into Four Groups With Different Visions for the Future
