Bitmine Immersion Technologies Reports Record ETH Holdings and Total Crypto Assets

Bitmine Immersion Technologies: A Leader in the Crypto Space

Bitmine Immersion Technologies, Inc. (BMNR), a prominent entity in the Bitcoin and Ethereum networks, has recently made headlines by announcing that its holdings of Ethereum (ETH) have surged to an impressive 4,371,497 tokens. This is not just a number; it translates into substantial financial assets amounting to $9.6 billion when factoring in cash reserves and other crypto holdings. As the crypto market continues to evolve, Bitmine positions itself uniquely where both investment strategy and market demand intersect.

Overview of Current Holdings

As of February 16, 2026, Bitmine has more than 3 million ETH staked, representing an astounding $6.1 billion at the current valuation of $1,998 per ETH. This staking has enabled Bitmine to achieve a notable 3.62% of the total Ethereum supply. Further diversifying its portfolio, Bitmine also has 193 Bitcoin (BTC) and stakes in various projects such as Beast Industries and Eightco Holdings, summing up its total liquidity and crypto holdings.

The company has recently made headlines with its $200 million investment into Beast Industries, demonstrating its commitment to aggressive growth in focused sectors. Bitmine's strategy is built around the “alchemy of 5%,” with the aspiration to acquire a significant portion of the Ethereum market, which is proving successful with a rapid accumulation of assets.