Bitmine Immersion Technologies Reports Major Growth in Ethereum Holdings and Cash Reserves in 2026
Bitmine Immersion Technologies Reports Major Growth in Ethereum Holdings
Bitmine Immersion Technologies, Inc. (NYSE: BMNR) has made headlines once again, revealing significant advancements in its cryptocurrency portfolio. On September 21, 2026, the company disclosed that its Ethereum (ETH) holdings have reached an impressive 5.98 million tokens. This achievement places Bitmine in possession of approximately 4.9% of the entire Ethereum supply, which totals 122.1 million ETH tokens. Furthermore, the company's overall crypto and cash holdings sum up to a staggering $17.1 billion.
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In just 15 months, Bitmine has made substantial progress towards its goal, termed the 'Alchemy of 5%'. This performance underscores the company's commitment to accumulating cryptocurrency as a long-term investment strategy. Bitmine’s Ethereum reserves are notably regarded as the largest ETH treasury worldwide, reflecting not only its operational efficacy but also its strategic investments in the burgeoning crypto market.
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