Bitmine Immersion Technologies reports $12.6B crypto and cash holdings, 5.28M ETH
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Bitmine Immersion Technologies reported $12.6 billion in crypto and cash holdings, including 5.28 million ETH valued at $2,191 each. The company holds $685 million in cash and an $83 million stake in Eightco. With 89% of its ETH staked, Bitmine generates approximately $289 million in annualized staking revenue. The company recently uplisted to the NYSE under the symbol BMNR and launched the MAVAN staking platform, aiming for 5% ETH ownership by 2026.
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