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Bitmine Reports $14.3 Billion in Holdings, With ETH at 4.97% of Supply

Bitmine Immersion Technologies reported holdings totaling approximately $14.3 billion, including crypto assets, cash and securities, and investments it described as “moonshots,” according to an Odaily report published on November 9, 2026, at 21:35:36 UTC+8. The company’s holdings snapshot was taken at 2 p.m. Eastern Time on November 8.

Holdings and ETH accumulation

The reported holdings comprised:

  • 6,070,100 ETH, valued at $2,234 per ETH.
  • 216 BTC.
  • Approximately $180 million in Beast Industries equity.
  • $75 million in Eightco equity.
  • $475 million in cash and securities.

Bitmine added 9,587 ETH over the preceding week. Its ETH holdings represented approximately 4.97% of the current supply, putting it about 99% of the way toward its goal of holding 5% of ETH supply.

Staking income: an annualized estimate, not realized earnings

The company reported 5,227,000 ETH staked, worth approximately $11.7 billion at the stated ETH price.

Chairman Tom Lee said that, using the preceding seven days’ annualized staking yield of 2.65%, the existing staked balance was expected to generate approximately $309 million in annualized staking income. If all of the company’s ETH were staked, estimated annualized staking income would reach approximately $359 million.

Those income figures are projections based on the stated yield and staking balances, rather than reported earnings over a completed year. Likewise, the approximately $14.3 billion holdings total is an asset-value snapshot—not, by itself, a valuation of Bitmine’s shares. The supplied report does not provide the liabilities, share count or market capitalization needed to assess the stock against those holdings.

Original report: Odaily — published November 9, 2026, at 21:35:36 UTC+8.