BitMine Immersion Technologies (NYSE: BMNR) reported on November 9, 2026, that it held 6,070,092 ETH, equivalent to 4.97% of the stated total supply of 122.2 million ETH. The holdings snapshot was taken at 2:00 p.m. U.S. Eastern Time on November 8, 2026, according to Jinse Finance.
Holdings and valuation inputs
At the stated ETH price of $2,234, BitMine’s ether holdings were valued at approximately $13.56 billion. The company also reported:
- 216 BTC;
- $180 million in Beast Industries equity;
- $75 million in Eightco (NASDAQ: ORBS) shares; and
- $475 million in cash and securities.
The reported combined value was approximately $14.3 billion. This is a holdings valuation at the supplied prices, not a measure of operating revenue or a fair-value estimate for BMNR shares.
BitMine bought another 9,587 ETH during the preceding week. The company said it had increased its ETH holdings every week since launching its ether treasury strategy on June 30, 2025, and was 99% of the way toward its “Alchemy of 5%” ownership target.
Staking rewards: an annualized estimate
BitMine reported 5,227,037 ETH staked, worth approximately $11.7 billion and representing 86% of its ETH holdings. Using the 2.65% seven-day average yield as of November 8, the report put annualized staking rewards at approximately $309 million.
That figure is an annualized estimate based on the stated yield, not a report of rewards already earned over a full year. The dollar values of both the ETH treasury and staking rewards depend on the ETH price used; the rewards estimate also depends on the staking yield.
By the company’s own ranking, BitMine was the world’s largest ETH treasury and second-largest crypto treasury, behind Strategy, which held 849,327 BTC.
Original report published November 9, 2026, at 21:46:54 UTC+8. Source: Jinse Finance.