Bitmine’s latest holdings: ETH reaches 6.07 million, about 4.97% of supply, total assets about $14.3 billion
According to PR Newswire, Bitmine Immersion Technologies (NYSE: BMNR) announced its latest asset position on November 9. As of 2 p.m. Eastern Time on November 8, the company held 6,070,092 ETH (valued at $2,234 each based on Coinbase quotes), 216 BTC, about $180 million in Beast Industries equity, $75 million in Eightco (NASDAQ: ORBS) equity, and $475 million in cash and marketable securities. Crypto assets, cash and marketable securities, and “moonshot” investments totaled about $14.3 billion.
The company said it added 9,587 ETH over the past week. Its ETH holdings account for about 4.97% of the current supply of 122 million ETH, and it has completed about 99% of its target of holding 5% of ETH supply (“Alchemy of 5%”). In staking, the amount of ETH staked has reached 5,227,037 ETH, worth about $11.7 billion at the above valuation. Chairman Tom Lee said that, based on the past 7 days’ annualized staking yield of 2.65%, the current staking scale is expected to generate about $309 million in annual staking income, and about $359 million if all holdings are staked.
The company also cited Vitalik Buterin’s remarks at Devcon 8 and emphasized that it has continued buying weekly since launching its ETH treasury strategy on June 30, 2025.
Original source:
Title: Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.07 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $14.3 Billion
Publisher: Bitmine Immersion Technologies, Inc. (via PR Newswire)
Publication date: 2026-11-09
URL: https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-6-07-million-tokens-and-total-crypto-and-total-cash--marketable-securities-holdings-of-14-3-billion-302932890.html
Source type: Company announcement
Verification status: Full text read; confirmed that the holdings amounts, valuation, percentage, staking scale, yield calculation and amount added are consistent with the original text.
Supported content: all asset breakdowns, staking data and Lee-related statements.
ABAB AI Insight
Bitmine continues to add ETH on a weekly basis and has already come close to its publicly stated target of 5% of supply. Its holdings are mainly in ETH, and the staking ratio has reached about 86%; the annualized staking yield estimate is one of the important cash flow sources in its treasury strategy. Its total assets also include BTC, cash, and two “moonshot” equity holdings, showing that the portfolio is not purely a single-asset bet.
The valuation uses a Coinbase price at a specific point in time, so the actual market value will fluctuate with ETH prices. The company says it is the world’s largest ETH treasury and the world’s second-largest crypto treasury (behind Strategy), a statement based on its own disclosure. Key follow-up points are whether it will keep buying weekly until it reaches the 5% target, changes in staking yield, and the actual performance of the “moonshot” investments.
ABAB News · Cognitive Law
Holdings updates by listed crypto treasury companies are often valued using fixed-point-in-time prices and should be viewed separately from real-time market value and expected staking returns.