NEW YORK, Sept. 8, 2026 /PRNewswire/ — Bitmine Immersion Technologies, Inc. (NYSE: BMNR) said its crypto, cash and marketable securities, and “moonshot” holdings totaled $15.7 billion as of Sept. 7, 2026 at 2:00 p.m. ET.

The company said its holdings included 5,929,198 ETH valued at $2,495 per ETH, based on Coinbase (NASDAQ: COIN), 211 Bitcoin (BTC), a $180 million stake in Beast Industries, a $91 million stake in Eightco Holdings (NASDAQ: ORBS), and $593 million in cash and marketable securities. Bitmine said its ETH holdings represented 4.9% of the total ETH supply of 122.0 million tokens.

Bitmine said it owns 4.9% of the total ETH coin supply and is 97% of the way to its “Alchemy of 5%” goal in 15 months. The company said it acquired 28,086 ETH over the past week and has bought ETH every week since launching its ETH Treasury Strategy on June 30, 2025. That strategy, modeled on the playbook pioneered by Strategy Inc.'s bitcoin accumulation, has made Bitmine one of the most prominent examples of the corporate digital-asset treasury trend, in which publicly listed firms hold large crypto positions on their balance sheets.

“Since June 30th, 4 of the top 21 best performing stocks in the Russell 1000 are crypto-related equities. The outperformance is reflective of the fact that Ethereum is the best performing macro asset in Q3 so far. In our view, fund managers benchmarked to the Russell 1000 need to consider whether they have sufficient exposure to crypto given this group’s outsized contribution to Russell 1000 gains this quarter. Notably, Bitmine’s common stock is the 4th best performing with a gain of 99% compared to 3% for the Russell 1000 benchmark,” said Thomas “Tom” Lee, chairman of Bitmine. Lee, who also co-founded research firm Fundstrat, has been a prominent voice on crypto market commentary.

Lee also said that as the company enters the final month of calendar Q3 2026, ETH is the best performing macro asset for the quarter, outperforming the S&P 500 by 5,430 basis points through last Friday. He said the top three performing assets since June 30 are ETH, BTC and SOL, and added that this could encourage institutions to add to crypto holdings.

“We believe there are multiple positive catalysts as we head into the final months of 2026,” Lee said. “These include the upcoming CLARITY Act vote scheduled in mid-September. Additionally, Korean investors have again started buying crypto and rotating away from AI stocks. The 4-year cycle is bottoming within the next few weeks in our view. And this sets the stage for what we expect to be sizable institutional participation in buying crypto in the final months of 2026, especially given the tailwinds of tokenization and Agentic-AI.”

The CLARITY Act is proposed U.S. legislation that would establish a framework for regulating digital assets and clarifying which tokens fall under SEC or CFTC jurisdiction; its mid-September vote is one of several Washington milestones the crypto industry has been watching this year.

Lee also said the ETH/BTC ratio has tended to rise during crypto bull cycles as Ethereum use expands relative to Bitcoin. He pointed to prior cycles driven by ICOs in 2017-2018, NFTs in 2020-2021 and stablecoins in 2025, and said he expects the ratio to rise again in the next cycle as Wall Street tokenizes on the blockchain and agentic-AI uses blockchains.

Tom DeMark, founder of DeMark Analytics and a capital markets adviser to Bitmine, said he expects ETH to make a sharp upward move in the coming weeks. “In August, ETH moved sideways without a downside break and the 12-day metric expired, which implies a renewal of the upside move. We believe this further supports the continuation of the prior uptrend. We expect, last week’s sharp one-day rally was a likely preview of the pending advance,” DeMark said.

Bitmine said its total staked ETH stood at 5,067,309 as of Sept. 7, 2026, equal to $12.6 billion at $2,495 per ETH. The company said MAVAN, or Made in America VAlidator Network, is its institutional-grade staking platform and a destination for BMNR and institutional investors. Bitmine said a portion of its ETH is already staked on MAVAN. Staking rewards on Ethereum come from participation in the network's proof-of-stake validation process, which has been a core mechanism securing the chain since Ethereum's 2022 transition away from proof-of-work mining.

“Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine’s ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $386 million on an annualized basis (using 2.61% 7-day BMNR yield),” Lee said. He added that annualized staking revenues are now projected at $330 million and that 5.1 million ETH, or 85% of the 5.93 million ETH held by Bitmine, is staked. Lee said Bitmine’s own staking operations generated a 7-day yield of 2.61% annualized.

Bitmine said it was added to the Russell 1000 Large-cap index on June 26, 2026, and that its Series A Preferred Stock trades on the NYSE under the symbol BMNP. The company said its common stock is among the most widely traded stocks in the U.S., with average daily dollar volume of $1.10 billion on a five-day average as of Sept. 4, 2026, ranking 81st among 5,704 U.S.-listed stocks, according to Fundstrat research and Statista. Index inclusion can broaden a stock's potential shareholder base by making it eligible for passive funds that track those benchmarks.

The company said its crypto holdings make it the largest ETH treasury in the world and the No. 1 Ethereum treasury globally. Bitmine said it is the No. 2 global treasury behind Strategy Inc., which reportedly owns 840,447 BTC valued at approximately $66 billion.

Bitmine said its management believes the GENIUS Act and the Securities and Exchange Commission’s Project Crypto are as transformational to financial services in 2026 as the U.S. move on Aug. 15, 1971, which ended the Bretton Woods system and took the dollar off the gold standard. The GENIUS Act, signed into law in July 2025, established a regulatory framework for payment stablecoins.

Bitmine said the latest Chairman’s Message, titled “ETH is the cure for the Uncanny Valley of Wealth,” was released on July 16, 2026. The company also said its Fiscal Full Year 2025 earnings presentation and corporate presentation are available on its investor relations website.

About Bitmine

Bitmine Immersion Technologies, Inc. (NYSE: BMNR), together with its subsidiaries, is a blockchain technology infrastructure company operating across institutional digital asset staking and validation services, bitcoin mining, and strategic digital asset management. The company said it is the world’s leading Ethereum Treasury company and provides institutional-grade staking and validation infrastructure, alongside bitcoin mining activities. Bitmine said it also develops and deploys MAVAN, its institutional staking and validation platform, and makes investments in early-stage blockchain opportunities, which it describes as “moonshot” investments.

For additional details, follow Bitmine on X: https://x.com/bitmnr and https://x.com/fundstrat

The Chairman’s Message can be found here:

The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here:

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements include, among other things, Bitmine’s goal of acquiring 5% of total ETH supply, its weekly ETH acquisition strategy, staking projections, MAVAN’s expansion, expectations for ETH price performance, the ETH/BTC ratio, possible regulatory catalysts including the CLARITY Act vote, and the potential impact of tokenization and agentic-AI.

These forward-looking statements involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Risks include volatility in digital asset prices, reliance on third-party pricing sources such as Coinbase, changes in market conditions, the company’s ability to execute its acquisition and staking strategy, operational and security risks, regulatory developments, the performance of third-party service providers, and other factors described in Bitmine’s SEC filings, including its Annual Report on Form 10-K for the fiscal year ended Sept. 30, 2025, filed on Nov. 21, 2025. Bitmine said readers should not place undue reliance on these statements, which speak only as of the date of the release.