Bitmine now owns more than 4% of the total ETH supply of 120.7 million
Bitmine is 82% of the way to “5% chemistry” in just 9 months
Ethereum continues to benefit from the dual tailwinds of Wall Street tokenization
Blockchain is an agentic AI system that increasingly needs to be public and neutral
Block chains
Bitmine is listed on the New York Stock Exchange (“NYSE”) of the NYSE US Stock Exchange
Effective as of April 9, 2026
Bitmine has 3,334,637 ETH, representing $7.7 billion at $2,301 per ETH.
MAVAN (Made in America VAlidator Network) is the premier destination for storage on Ethereum
For BMNR and institutional investors, with a focus on security and performance
Resilience
Bitmine is held by Eightco (NASDAQ-ORBS) at a valuation of $107 million, and is now one of the only publicly listed companies.
stocks in the world to give investors direct exposure to OpenAI
Bitmine Crypto + Total Cash Holdings + “Moonshots” totaling $12.9 billion, including $4.976 million
ETH tokens, a total of $1.12 billion in cash, and other cryptocurrency holdings
Bitmine outperforms its cryptocurrency treasury peers in terms of how quickly it raises its net cryptocurrency asset value per share and by
High trading liquidity of BMNR shares
Bitmine is the 80th most actively traded stock in the US, with $1.2 billion worth of trading per day (5-day average)
Bitmine remains backed by a leading group of institutional investors including Cathie from ARK
Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and
Personal investor Thomas “Tom” Lee supports Bitmine’s goal of 5% ETH
NORWALK, Conn., April 20, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies, Inc. announced… (“Bitmine” or the “Company”), a Bitcoin and Ethereum network company with a focus on cryptocurrency accumulation for long-term investment, today announced Bitmine cryptocurrency + cash + “Moonshots” holdings totaling $12.9 billion.
The Company recently announced its listing on the New York Stock Exchange (“NYSE”) of the New York Stock Exchange on April 9, 2026. The Company’s common stock continues to trade under the symbol “BMNR.”
As of April 19, 2026 at 4:00 PM ET, the Company’s cryptocurrency holdings consist of 4,976,485 Ethereum at $2,301 per ETH (Coinbase NASDAQ: COIN), 199 Bitcoin (BTC), a $200 million stake in Beast Industries, a $107 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and total cash $1.12 billion. Bitmine’s holdings of ETH represent 4.12% of the ETH supply (of 120.7 million ETH).
“We are seeing increasing signs that the ‘micro-crypto’ winter is coming to an end. As the downside risks of a war between the US and Iran diminish, Ethereum is up 41% from its early February lows. Ethereum has outperformed the S&P 500 by 2,280 basis points since the war began and remains the world’s best-performing asset (along with crude oil prices). Ethereum continues to benefit from the dual tailwinds of Wall Street’s tokenization of cryptocurrencies,” Thomas said. “Tom” Lee, Chairman of Bitmine, said that blockchain and agent AI systems increasingly need a public and neutral blockchain, there is a lot of sense for ETH being the best “wartime store of value” and for ETH being the leading asset since the war began.
“While many believe the crypto winter may last until the fall of 2026, our view remains that the crypto winter is very close to the end. Every major crypto winter since 2015 has coincided with a drawdown of at least 20% of stocks. In fact, the crypto pullback in 2025 moved in tandem with a 20% drop in the S&P 500. But in 2026, the stock decline was more moderate in -8%,” Mr. Lee continued.
“Bitmine has maintained an increasing pace of ETH buying in each of the past four weeks, as our base case ETH is in the final stages of a ‘mini-crypto winter.’ “Last week, we acquired 101,627 ETH, the highest buying pace since the week of December 15, 2025,” Lee stated.
Bitmine recently launched MAVAN (Made in America VAlidator Network), an enterprise signing platform. While MAVAN was originally developed to support Bitmine’s Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners looking for best-in-class storage infrastructure. A portion of Bitmine’s ETH has already been staked on the MAVAN platform.
As of April 20, 2026, the total number of ETH accumulated at Bitmine is 3,334,637 ($7.7 billion at $2,301 per ETH). “Bitmine has bet more on ETH than other entities in the world. At scale (when MAVAN and its partners acquired all of ETH from Bitmine), the expected ETH staking reward is $330 million per year (using a 2.88% 7-day BMNR return),” Lee stated.
“Annual staking revenue is now $221 million. This 3.3 million ETH represents about 67% of the 4.98 million ETH held by Bitmine. CESR (Ethereum Composite Hedging Rate, managed by Bitmine) Quatrefoil) is 2.76%, while Bitmine stakings generated a 7-day return of 2.88% (annualized),” Lee continued.
Bitmine cryptocurrency ranks No. 1 on Ethereum and No. 2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 780,897 bitcoins worth $58.2 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine is one of the most widely traded stocks in the United States. According to data from Fundstrat, the stock’s average daily trading volume was $1.2 billion (5-day average, as of April 17, 2026), ranking it #80 in the US, behind Uber Technologies (ranked #79) and ahead of D-Wave Quantum (ranked #81) out of 5,704 stocks listed in the US (statista.com and Fundstrat research).
The GENIUS Act and the Securities and Exchange Commission (“SEC”) cryptocurrency project are as transformative for financial services in 2025 as the action taken by the United States on August 15, 1971 that ended Bretton Woods and the US dollar on the gold standard 54 years earlier. This event in 1971 served as the catalyst for the modernization of Wall Street, creating the iconic Wall Street giants and financial and payment bars of today. These investments have been proven to be better than gold.
The President’s message can be viewed here: https://www.Bitminetech.io/chairmans-message
The full fiscal year 2025 earnings presentation and corporate presentation can be viewed here: https://Bitminetech.io/investor-relations/
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About Bitmain
Bitmain (NYSE: BMNR) is a Bitcoin mining company with operations in the United States. The company is deploying its excess capital to become the world’s leading Ethereum treasury company, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of “5% chemistry,” the company is committed to ETH as a primary treasury reserve asset, leveraging activities at the native protocol level including DeFi and staking mechanisms. The company will launch MAVAN (Made in America VAlidator Network), a dedicated storage infrastructure for Bitmine assets, in 2026.
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Forward-looking statements
This press release contains statements that constitute “forward-looking statements.” Statements in this press release that are not purely historical are forward-looking statements that involve risks and uncertainties. Specifically, this document contains forward-looking statements regarding: (1) the progress and achievement of the Company’s objectives in connection with the acquisition of ETH, including the “Alchemy of 5%” initiative and the long-term value of Ethereum; (2) the Company’s beliefs regarding the performance of Ethereum compared to other assets, including its description as a “wartime store of value” and its performance during geopolitical events; (3) the Company’s expectations regarding the current state and future course of the cryptocurrency market, including statements that ETH may be in the “final stages of a mini-crypto winter”; (4) the continued growth and progress of the Company’s Ethereum treasury strategy and the benefits applicable to the Company; (5) the Company’s stock repurchase program, including data regarding shares trading below intrinsic value, the Company’s ability to cumulatively retire common stock, and effect repurchases through open market transactions; (6) the Company’s digital asset accumulation and staking strategy, including MAVAN, and its expansion to serve institutional investors, custodians, and ecosystem partners, and expected annual staking revenues and rewards; (7) statements regarding the benefits of Wall Street tokenization on blockchain systems and agent AI systems that use public blockchains; (8) expectations regarding the potential impact of regulatory developments, including the GENIUS Act and the SEC Crypto Project, on financial services and digital assets; (ix) the Company’s financial flexibility to support treasury operations and expand the scope of the repurchase license. 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 fund its current business, Ethereum treasury operations, stock repurchase program and proposed future business; the competitive environment for Bitmine’s business; Market conditions affecting the trading price of the Company’s common stock; regulatory developments affecting digital assets, including the enactment and implementation of pending legislation and SEC initiatives; Geopolitical events and their impact on cryptocurrency markets; the volatility and unpredictability of digital asset prices; The future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in the 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 filings with the SEC, 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. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Disclaimer: This is a sponsored press release and is for informational purposes only. They do not reflect the opinions of Crypto Daily, and are not intended to be used as legal, tax, investment, or financial advice.
