Key Highlights
- Bitmine (BMNR) announced combined cryptocurrency and cash reserves totaling $10.7 billion as of March 29, 2026.
- The firm’s Ethereum portfolio consists of 4,732,082 ETH tokens — approximately 3.92% of Ethereum’s circulating supply.
- Over 3.14 million ETH are currently staked, producing an annual revenue run-rate of $177 million based on a 2.80% staking yield.
- The company debuted MAVAN, a new institutional-focused staking infrastructure, on March 25, 2026.
- BMNR shares declined 5.86% during intraday activity while ETH appreciated 4.21% during the corresponding timeframe.
Bitmine Immersion Technologies (BMNR) has revealed aggregate cryptocurrency and cash reserves totaling $10.7 billion as of Saturday, March 29, 2026. The disclosure included comprehensive details about the firm’s expanding Ethereum treasury.
Bitmine Immersion Technologies, Inc., BMNR
The organization’s Ethereum portfolio has reached 4,732,082 tokens, with each token valued at $2,005. This substantial holding accounts for 3.92% of Ethereum’s total circulating supply of 120.7 million tokens — placing Bitmine among the largest public holders of ETH globally.
In addition to its Ethereum dominance, Bitmine maintains 197 Bitcoin, possesses a $200 million equity position in Beast Industries, owns a $102 million stake in Eightco Holdings (ORBS), and retains $961 million in liquid cash reserves.
Bitmine accumulated 71,179 Ethereum tokens during the previous seven-day period. This acquisition rate significantly exceeds the company’s typical weekly average of 45,000 to 50,000 ETH, according to statements from Chairman Thomas Lee.
Among its total Ethereum portfolio, approximately 3,142,643 tokens — representing roughly 66% — are actively deployed in staking operations. At present market valuations, this staked allocation represents approximately $6.3 billion in value.
Staking Returns and MAVAN Platform Debut
The company’s staking infrastructure is currently producing an annualized revenue run-rate of $177 million. Recent performance metrics indicate a 7-day yield of 2.80%, marginally exceeding the Composite Ethereum Staking Rate benchmark of 2.79%.
On March 25, Bitmine introduced MAVAN — Made in American VAlidator Network. This institutional-grade staking platform was originally developed to oversee Bitmine’s proprietary ETH treasury operations. Management has indicated plans to extend platform access to external institutional capital allocators and qualified custodians.
Bitmine’s equity demonstrated robust trading activity, averaging $920 million in daily dollar volume over a 5-day measurement period ending March 27. This trading volume positioned BMNR as the 100th most actively traded security in the United States among 5,704 publicly listed companies.
Equity Performance Diverges from Ethereum Price Action
Despite the magnitude of its cryptocurrency reserves, BMNR shares retreated 5.86% to $331.00 during intraday trading on March 30. Conversely, Ethereum demonstrated positive momentum, advancing 4.21% to reach $2,070 throughout the identical 24-hour trading window.
The equity currently trades substantially below its 52-week peak of $161 on an adjusted basis. While the stock has generated a 130% return over the trailing twelve-month period, recent trading sessions have exhibited considerable price volatility.
InvestingPro’s analytical framework identified BMNR as presently overvalued relative to Fair Value assessment metrics.
Shares settled at $18.39 preceding the latest intraday price movement, and the company’s market presence continues generating significant investor interest given its exceptional liquidity profile and concentrated cryptocurrency exposure.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
