#USA #Ethereum #Norwalk #BitMine #BMNR

Bitmine Immersion Technologies Achieves Major Milestone

Bitmine Immersion Technologies, Inc. (NYSE: BMNR), a prominent player in the world of Bitcoin and Ethereum, has recently disclosed that its cryptocurrency holdings have reached an impressive total of 4.875 million Ethereum (ETH) tokens. This substantial accumulation places the overall value of its cryptocurrency assets and cash at a staggering $11.8 billion.

As a result of this growth, Bitmine now holds more than 4% of the total ETH supply, corresponding to approximately 120.7 million ETH. The company's rapid ascent has positioned it as a key influencer within the cryptocurrency market, particularly exemplified by its accomplishment of 81% of its 'Alchemy of 5%' goal in just nine months. This goal aims for Bitmine to acquire 5% of the Ethereum supply.

Transition to the New York Stock Exchange

In a significant move, Bitmine transitioned from the NYSE American to the New York Stock Exchange starting April 9, 2026. Despite the change of venue, the company continues to trade under the ticker BMNR. By the end of the first trading week, the organization revealed that its cryptocurrency portfolio included 4,874,858 ETH priced at $2,206 each, alongside holdings such as 198 Bitcoin (BTC) and substantial equity positions in various companies, including $200 million in Beast Industries and $85 million in Eightco Holdings (NASDAQ: ORBS), enriching Bitmine's roster of high-value investments.

Thomas “Tom” Lee, the President of Bitmine, emphasized the ongoing effects of the geopolitical landscape, noting that the persistent conflict in Iran continues to shape global markets. He pointed out that Ethereum has outperformed traditional assets like gold and the S&P 500 since the onset of the war, a sign of its growing significance as a **