Bitmine Immersion Technologies Reports $11.1B Crypto & Cash Holdings, 4.8% of ETH Supply, and Russell 1000 Inclusion
BMNR is trading near its 52-week low of $12.8 (15% above the low).
Summary
Bitmine Immersion Technologies reported its total crypto and cash holdings reached $11.1 billion, including 4.8% of the total ETH supply, and announced its inclusion in the Russell 1000 Large-cap Index, signaling strong asset growth and institutional validation.
Key Events · Financing and Capital Events · BMNR
-
Total Holdings Exceed Market Cap
Bitmine's total crypto, cash, and marketable securities reached $11.1 billion as of June 28, 2026, significantly surpassing its current market capitalization of $8.18 billion.
-
Strategic ETH Accumulation Nears 5% Goal
The company now holds 5.74 million ETH tokens, representing 4.8% of the total ETH supply, bringing it close to its strategic 'Alchemy of 5%' acquisition goal.
-
Russell 1000 Index Inclusion
Bitmine was added to the Russell 1000 Large-cap Index on June 26, 2026, a move expected to attract substantial institutional investment and increase liquidity.
-
Significant Staked ETH & Projected Revenues
The company has 4.88 million ETH staked, with projected annualized staking revenues of $235 million, providing a substantial recurring income stream.
Analysis · BMNR · Crypto Assets
Bitmine Immersion Technologies announced a significant update on its crypto and cash holdings, now totaling $11.1 billion, which substantially exceeds its current market capitalization. The company's Ethereum holdings have reached 5.74 million tokens, representing 4.8% of the total ETH supply, bringing them close to their strategic 'Alchemy of 5%' goal. This strong asset base is further bolstered by $235 million in projected annualized staking revenues from their 4.8 million staked ETH. Additionally, the company's inclusion in the Russell 1000 Large-cap Index is expected to attract significant institutional investment, validating its position in the market.
How filings like this one have moved
In the 30 days to Oct 30, 2026, 48.8% of the 211 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -1.09%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BMNR was trading at $14.66 on NYSE in the Crypto Assets sector, with a market capitalization of approximately $8.2B. The 52-week trading range was $12.80 to $161.00. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.