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Bitmine Announces ETH Holdings Reach 4.423 Million Tokens, Valued at $6.0 Billion
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8-K
Summary
Bitmine Immersion Technologies, Inc. announced that its crypto holdings, including 4.423 million ETH tokens, total $9.6 billion as of February 22, 2026. The company's ETH holdings represent 3.66% of the ETH token supply and are valued at $6.0 billion. Bitmine also has total cash holdings of $691 million and additional crypto and 'moonshot' investments. The company is working on launching its staking solution, MAVAN, in Q1 2026, which is expected to generate significant annual staking revenues.
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