Bitmine Elevates ETH Treasury to 4.42 Million Tokens, $9.6B in Holdings
Bitmine Immersion Technologies reported a total crypto and cash treasury of about $9.6 billion as of Feb. 22, 2026, with 4,422,659 ETH (≈3.66% of the ETH supply, about $8.66B at $1,958/ETH), 193 BTC, a $200 million Beast Industries stake, a $17 million Eightco stake, and $691 million in cash. Of the ETH, 3,040,483 are staked (roughly $6.0B), and the MAVAN staking network is slated to launch in Q1 2026. The company highlights BMNR’s liquidity (≈$0.7B daily traded) and backing by major institutional investors, reaffirming ETH as its primary treasury asset with an aim for 5% ETH ownership.
