Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.423 Million Tokens, and Total Crypto and Total Cash Holdings of $9.6 Billion - Thailand PR News - [Banking](https://thailandbusinessnews.net/category/banking/) - [Companies](https://thailandbusinessnews.net/category/companies/) - [Economy](https://thailandbusinessnews.net/category/economy/) - [Press Releases](https://thailandbusinessnews.net/category/press-release/) - [PR Newswire](https://thailandbusinessnews.net/pr-newswire-updates/) - [Tech](https://thailandbusinessnews.net/category/tech/) - [Tourism](https://thailandbusinessnews.net/category/tourism/) - [Press Release](https://thailandbusinessnews.net/category/press-release/) # Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.423 Million Tokens, and Total Crypto and Total Cash Holdings of $9.6 Billion ##### Up next ###### [MDJM Advances Animation Art and Cultural Platform Development Strategy](https://thailandbusinessnews.net/press-release/mdjm-advances-animation-art-and-cultural-platform-development-strategy/) Published on 23 February 2026 ##### Author ##### [ CISION PRNewswire ](https://thailandbusinessnews.net/author/cision/) ##### Tags - [PRNewswire](https://thailandbusinessnews.net/tag/prnewswire/) ![](https://mma.prnasia.com/media2/2905041/Bitmine_Logo.jpg?p=medium600 "logo")***Bitmine has 3,040,483 staked ETH, representing $6.0 billion at $1,958 per ETH; MAVAN staking solution on track to launch Q1 2026*** ***Bitmine now owns 3.66% of the ETH token supply, over 73% of the way to the ‘Alchemy of 5%’ in just 7 months*** *Bitmine recently closed on initial $200 million investment into Beast Industries* *Bitmine Crypto + Total Cash Holdings + "Moonshots" total $9.6 billion, including 4.423 million ETH tokens, total cash of $691 million, and other crypto holdings* *Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock* *Bitmine is the 165th most traded stock in the US, trading $0.7 billion per day (5-day avg)* *Bitmine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine’s goal of acquiring 5% of ETH* LAS VEGAS, Feb. 23, 2026 /PRNewswire/ — (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto *+ total cash + "moonshots"* holdings totaling $9.6 billion. [![Bitmine weekly update](https://mma.prnasia.com/media2/2917966/Bitmine_Immersion__UPDATE.jpg?p=medium600 "Bitmine weekly update")](https://mma.prnasia.com/media2/2917966/Bitmine_Immersion__UPDATE.jpg?p=medium600) Bitmine weekly update As of February 22th, 2026 at 6:00pm ET, the Company’s crypto holdings are comprised of 4,422,659 ETH at $1,958 per ETH (NASDAQ: COIN), 193 Bitcoin (BTC), $200 million stake in Beast Industries, $17 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $691 million. Bitmine’s ETH holdings are 3.66% of the ETH supply (of 120.7 million ETH). "In the midst of this ‘mini crypto winter,’ our focus continues to be on methodically executing our treasury strategy and steadily acquiring ETH and in turn, optimizing the yield on our ETH holdings," said Thomas "Tom" Lee, Chairman of Bitmine. "We discussed this operational strategy in our latest Chairman’s message (the link to his message is [here](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4624643-1&h=596224143&u=https%3A%2F%2Fwww.bitminetech.io%2Fchairmans-message&a=here)). While crypto prices are attempting to find their respective lows, the three fundamental drivers for Ethereum continue to gain traction: (i) Wall Street and their efforts at tokenization; (ii) AI and agentic-AI using smart blockchains for both execution and for collecting payments and (iii) the emerging creator economy and their desire to use blockchains for verification," continued Lee. "In the past week, we acquired 51,162 ETH," continued Lee. "Bitmine has been steadily buying Ethereum, as we view this pullback as attractive, given the strengthening fundamentals. In our view, the price of ETH is not reflective of the high utility of ETH and its role as the future of finance." As of February 22, 2026, Bitmine total staked ETH stands at 3,040,483 ($6.0 billion at $1,958 per ETH). "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 ETH staking rewards is $249 million annually (using 2.89% 7-day BMNR yield)," stated Lee. "Annualized staking revenues are now $171 million. And this 3.0 million ETH is about 69% of the 4.4 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by [Quatrefoil](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4624643-1&h=3752430949&u=https%3A%2F%2Fwww.quatrefoildata.com%2F&a=Quatrefoil)) is 2.81%, while Bitmine’s own staking operations generated a 7-day yield of 2.89% (annualized). We continue to make progress on our staking solution known as The Made in America VAlidator Network (MAVAN). This will be the ‘best-in-class’ solution offering secure staking infrastructure and will be deployed in early calendar 2026. Bitmine is currently working with 3 staking providers as the Company moves towards unveiling MAVAN in 2026," continued Lee. Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which owns 717,131 BTC valued at $49 billion. Bitmine remains the largest ETH treasury in the world. Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $0.7 billion (5-day average, as of February 20, 2026), ranking #165 in the US, behind Carnival Corp (rank #164) and ahead of Northrup Grumman (rank #166) among 5,704 US-listed stocks ([statista.com](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4624643-1&h=298027472&u=http%3A%2F%2Fstatista.com%2F&a=statista.com) and Fundstrat research). The GENIUS Act and Securities and Exchange Commission’s ("the SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold. The Chairman’s message can be found here: [https://www.Bitminetech.io/chairmans-message](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4624643-1&h=2456497367&u=https%3A%2F%2Fwww.bitminetech.io%2Fchairmans-message&a=https%3A%2F%2Fwww.Bitminetech.io%2Fchairmans-message) The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: [https://Bitminetech.io/investor-relations/](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4624643-1&h=1498723950&u=https%3A%2F%2Fbitminetech.io%2Finvestor-relations%2F&a=https%3A%2F%2FBitminetech.io%2Finvestor-relations%2F) To stay informed, please sign up at: [https://Bitminetech.io/contact-us/](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4624643-1&h=3289244973&u=https%3A%2F%2Fbitminetech.io%2Fcontact-us%2F&a=https%3A%2F%2FBitminetech.io%2Fcontact-us%2F) **About Bitmine** [Bitmine](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4624643-1&h=898144706&u=https%3A%2F%2Fwww.bitminetech.io%2F&a=Bitmine) (NYSE AMERICAN: BMNR) is the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company will launch MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in Q1 of 2026. For additional details, follow on X: [https://x.com/bitmnr](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4624643-1&h=2344336712&u=https%3A%2F%2Fx.com%2Fbitmnr&a=https%3A%2F%2Fx.com%2Fbitmnr) [https://x.com/fundstrat](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4624643-1&h=636826261&u=https%3A%2F%2Fx.com%2Ffundstrat&a=https%3A%2F%2Fx.com%2Ffundstrat) [https://x.com/bmnrintern](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4624643-1&h=2533207062&u=https%3A%2F%2Fx.com%2Fbmnrintern&a=https%3A%2F%2Fx.com%2Fbmnrintern) **Forward Looking Statements** This press release contains statements that constitute "forward-looking statements." The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company’s goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company’s Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including Bitmine’s ability to keep pace with new technology and changing market needs; Bitmine’s ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of Bitmine’s business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine’s control, including those set forth in the Risk Factors section of Bitmine’s Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine’s filings with the SEC are available on the SEC’s website at [www.sec.gov](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4624643-1&h=452343075&u=http%3A%2F%2Fwww.sec.gov%2F&a=www.sec.gov). Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. [![STAKING: BMNR now staking over 3 million ETH](https://mma.prnasia.com/media2/2917967/Bitmine_Immersion__STAKING.jpg?p=medium600 "STAKING: BMNR now staking over 3 million ETH")](https://mma.prnasia.com/media2/2917967/Bitmine_Immersion__STAKING.jpg?p=medium600) STAKING: BMNR now staking over 3 million ETH [![ALCHEMY of 5%: BMNR ranked #165 by avg daily $ volume](https://mma.prnasia.com/media2/2917968/Bitmine_Immersion__ALCHEMY.jpg?p=medium600 "ALCHEMY of 5%: BMNR ranked #165 by avg daily $ volume")](https://mma.prnasia.com/media2/2917968/Bitmine_Immersion__ALCHEMY.jpg?p=medium600) ALCHEMY of 5%: BMNR ranked #165 by avg daily $ volume [Source link ](http://www.prnasia.com/story/archive/4892980_AE92980_0?rand=89749) ``` This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network ``` ##### You May Also Like [](https://thailandbusinessnews.net/press-release/huawei-watch-d3-makes-early-debut-at-esc-congress-2026-a-new-era-in-wrist-based-blood-pressure-management/) ![HUAWEI WATCH D3 Makes Early Debut at ESC Congress 2026: A New Era in Wrist-Based Blood Pressure Management](https://i0.wp.com/mmx.prnasia.com/media/MS1978101/20260830221142EDT_image_1.jpg?resize=260%2C140&ssl=1 "HUAWEI WATCH D3 Makes Early Debut at ESC Congress 2026: A New Era in Wrist-Based Blood Pressure Management") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## HUAWEI WATCH D3 Makes Early Debut at ESC Congress 2026: A New Era in Wrist-Based Blood Pressure Management MUNICH, Aug. 31, 2026 /PRNewswire/ — The European Society of Cardiology Congress… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - August 31, 2026 [](https://thailandbusinessnews.net/press-release/liquid-group-strengthens-digital-trade-ties-between-singapore-and-australian-businesses/) ## Liquid Group Strengthens Digital Trade Ties Between Singapore and Australian Businesses SINGAPORE, March 26, 2025 /PRNewswire/ — Liquid Group is enhancing its role… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - March 26, 2025 [](https://thailandbusinessnews.net/press-release/elabscience-launches-self-developed-polyhrp-streptavidin-conjugate-for-low-abundance-biomarker-detection-in-elisa/) ![Elabscience® Launches Self-Developed PolyHRP-Streptavidin Conjugate for Low-Abundance Biomarker Detection in ELISA](https://i0.wp.com/mma.prnasia.com/media2/2978844/image1.jpg?resize=260%2C140&ssl=1 "Elabscience® Launches Self-Developed PolyHRP-Streptavidin Conjugate for Low-Abundance Biomarker Detection in ELISA") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## Elabscience® Launches Self-Developed PolyHRP-Streptavidin Conjugate for Low-Abundance Biomarker Detection in ELISA HOUSTON, May 14, 2026 /PRNewswire/ — Elabscience® Bionovation Inc. 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