Bitmine Immersion Technologies (NYSE: BMNR) reported holdings of 6,070,092 ETH as of November 8, 2026, at 2 p.m. U.S. Eastern Time, after adding 9,587 ETH over the preceding week. According to an Odaily report citing PR Newswire, the company said its ETH holdings represented approximately 4.97% of total supply, putting it about 99% of the way toward its goal of holding 5%.
Reported asset holdings
Alongside its ETH, Bitmine disclosed:
- 216 BTC;
- Approximately $180 million in Beast Industries equity;
- $75 million in Eightco equity;
- $475 million in cash and securities.
The company reported a combined value of approximately $14.3 billion for these assets, including its ETH holdings. That figure describes reported asset value, not a valuation of Bitmine’s shares.
Staking income: current holdings versus full deployment
Bitmine said it had staked 5,227,037 ETH, valued at approximately $11.7 billion.
Chairman Tom Lee estimated that the current staked balance could generate approximately $309 million annually, using an annualized staking yield of 2.65% based on the preceding seven days. He estimated annual income of approximately $359 million if all of the company’s ETH were staked.
These are yield-based estimates rather than realized annual earnings. The distinction matters: the $309 million estimate applies to the reported staked balance, while the $359 million estimate assumes deployment of the full ETH balance. Both depend on the stated yield assumption; neither establishes a fair value for BMNR shares.
Original publication: November 9, 2026, at 21:40:49 UTC+8.
Source: Odaily, citing PR Newswire.