Key Highlights
- As of March 29, 2026, Bitmine (BMNR) disclosed cryptocurrency and cash reserves totaling $10.7 billion.
- The firm now controls 4,732,082 ETH tokens — approximately 3.92% of Ethereum’s total circulating supply.
- Over 3.14 million ETH are actively staked, producing an estimated $177 million in annual revenue at a 2.80% yield rate.
- The company unveiled MAVAN, its institutional-grade staking infrastructure, on March 25, 2026.
- Shares of BMNR dropped 5.86% during intraday trading, contrasting with ETH’s 4.21% gain over the same timeframe.
Bitmine Immersion Technologies (BMNR) has revealed its cryptocurrency and cash reserves reached $10.7 billion as of Saturday, March 29, 2026. The disclosure included detailed information about the company’s expanding Ethereum portfolio.
Bitmine Immersion Technologies, Inc., BMNR
The firm currently owns 4,732,082 ETH tokens, with each token valued at $2,005. This substantial holding accounts for 3.92% of Ethereum’s complete supply of 120.7 million tokens — a concentration level rarely seen among publicly traded corporations.
Bitmine’s portfolio extends beyond Ethereum. The company maintains 197 Bitcoin, holds a $200 million equity position in Beast Industries, owns $102 million worth of Eightco Holdings (ORBS), and keeps $961 million in liquid cash reserves.
Over the last seven days, Bitmine purchased 71,179 Ethereum tokens. This acquisition rate significantly exceeds the company’s typical weekly accumulation range of 45,000 to 50,000 ETH, as noted by Chairman Thomas Lee.
Currently, 3,142,643 tokens — representing roughly 66% of the company’s total ETH inventory — are deployed in staking activities. At present market rates, this staked allocation carries an approximate value of $6.3 billion.
Annual Staking Returns and New Platform Debut
The company’s staking operations are tracking toward $177 million in annualized revenue. The seven-day yield registered at 2.80%, marginally outperforming the Composite Ethereum Staking Rate benchmark of 2.79%.
On March 25, Bitmine introduced MAVAN — Made in American VAlidator Network. This institutional-grade staking infrastructure was originally developed to service Bitmine’s internal ETH treasury management. The platform will eventually be made available to external institutional participants and custodial services.
According to data from March 27, Bitmine’s shares recorded an average daily trading volume of $920 million over a five-day period. This volume positioned the stock as the 100th most actively traded equity in the United States among 5,704 listed securities.
Share Price Declines While Ethereum Advances
Despite maintaining substantial digital asset reserves, BMNR shares declined 5.86% to $331.00 during intraday trading on March 30. Ethereum prices moved inversely, appreciating 4.21% to reach $2,070 throughout the same 24-hour window.
The equity is presently trading substantially below its 52-week peak of $161 on an adjusted basis. While the stock has generated a 130% return over the trailing twelve months, recent trading sessions have exhibited considerable volatility.
According to InvestingPro’s Fair Value assessment, BMNR currently appears overvalued relative to fundamental metrics.
Prior to the latest intraday movement, shares closed at $18.39, and the company’s market presence continues drawing significant attention due to its high liquidity profile and concentrated cryptocurrency exposure.
