Bitmine Announces $12.6B Crypto Holdings and NYSE Uplisting

Summary

Bitmine Immersion Technologies, Inc. announced that its crypto holdings, including ETH, other crypto assets, and cash, total $12.6 billion as of May 17, 2026. The company also disclosed its uplisting to the New York Stock Exchange (NYSE) and the launch of its staking platform, MAVAN, which is designed to support institutional investors. Bitmine's ETH holdings represent 4.37% of the total ETH supply, and the company is 87% of the way to its goal of acquiring 5% of ETH. The company's total cash holdings amount to $685 million, and it has additional investments in other crypto assets and equities.