Bitmine Immersion Technologies (NYSE: BMNR) reported holdings of 6,070,092 ETH, following an increase of 9,587 ETH over the preceding week, according to a ChainCatcher report citing PR Newswire.
The report was published on November 9, 2026, at 21:34:04 UTC+8. The company’s asset snapshot was measured as of November 8 at 2 p.m. Eastern Time.
Reported assets and valuation inputs
Bitmine valued its ETH at $2,234 per token. Its disclosed assets also included:
- 216 BTC;
- Approximately $180 million in Beast Industries equity;
- $75 million in Eightco (NASDAQ: ORBS) equity;
- $475 million in cash and securities.
The company reported approximately $14.3 billion in combined crypto assets, cash and securities, and investments it described as “moonshots.” This is a reported asset total, not an equity fair-value estimate.
Bitmine said its ETH holdings represented approximately 4.97% of the current 122.2 million ETH supply, putting it about 99% of the way toward its goal of holding 5% of the supply.
Staking income: the yield assumption matters
The company reported 5,227,037 ETH staked, valued at approximately $11.7 billion using the same ETH price.
Chairman Tom Lee said that applying a 2.65% annualized staking yield, based on the preceding seven days, implied approximately $309 million in annualized staking revenue at the existing staking level. If all of the company’s ETH were staked, that estimate would rise to approximately $359 million.
These figures are annualized estimates rather than realized annual revenue. Their dollar value depends on the staking yield, the amount of ETH staked and the ETH price used for conversion. They should also be distinguished from company profit or value accruing to shareholders; the supplied report does not provide a basis for estimating either.
Source: ChainCatcher original article, citing PR Newswire.