Bitmine Shifts Fiscal Year-End, Reveals $11.3B in Crypto Holdings and 5.77M ETH
BMNR is trading near its 52-week low of $12.8 (15% above the low).
Summary
Bitmine changed its fiscal year-end to December 31 and reported crypto and cash holdings of $11.3 billion, including 5.77 million ETH (4.8% of supply) and $482 million in cash. The company staked 4.9 million ETH, projecting $284 million in annualized staking rewards.
Key Events · Corporate Governance and Compliance · BMNR
-
Fiscal Year-End Change
The board approved a shift from August 31 to December 31, effective after the current fiscal year ending August 31, 2026. The next fiscal year begins January 1, 2027.
-
ETH Holdings Reach 5.77M Tokens
Now holding 4.8% of the total ETH supply (120.7M), Bitmine's position has grown from prior disclosures, with 27,801 ETH acquired in the past week.
-
Total Holdings Hit $11.3B
Crypto and cash holdings total $11.3 billion, including $482 million in cash and marketable securities, plus a $69 million stake in Eightco (ORBS).
-
Staking Operations Scale
With 4,917,189 ETH staked ($9.0B at $1,820/ETH), projected annualized staking rewards reach $284 million when fully staked; current annualized staking revenues stand at $242 million.
Analysis · BMNR · Crypto Assets
Aligning with calendar-year reporting, Bitmine is moving its fiscal year-end to December 31. More critically, the company disclosed a material expansion of its Ethereum treasury to 5.77 million tokens—representing 4.8% of the total ETH supply—alongside total crypto and cash holdings of $11.3 billion. With 4.9 million ETH staked and generating a projected $284 million in annualized rewards, the update highlights the scale of Bitmine's accumulation strategy and its deepening influence within the Ethereum ecosystem. The addition to the Russell 1000 index further broadens the potential for institutional ownership.
At the time of this filing, BMNR was trading at $14.72 on NYSE in the Crypto Assets sector, with a market capitalization of approximately $8.5B. The 52-week trading range was $12.80 to $71.74. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.