PANews, March 23: According to PR Newswire, NYSE American-listed company Bitmine Immersion Technologies (BMNR) added 65,341 Ethereum (ETH) tokens in the past week, significantly exceeding its previous weekly acquisition pace of approximately 45,000 to 50,000 ETH. Its total ETH holdings have increased to 4,660,903 ETH, representing about 3.86% of ETH’s total supply, with plans to raise this stake to 5%. As of March 22, the company holds approximately $6.5 billion in ETH (at $2,072 per ETH), 196 BTC, approximately $200 million in Beast Industries, $95 million in Eightco Holdings (ORBS) equity, and about $1.1 billion in cash, totaling approximately $11 billion in combined crypto assets and cash. Bitmine has currently staked approximately 3.14 million ETH, generating an annualized staking income of about $184 million, and is preparing to launch its proprietary staking infrastructure, MAVAN, in Q1 2026.
Bitmine Immersion adds 65,341 ETH, total holdings exceed 4.66M
PANewsShare
Summary
ETH news: Bitmine Immersion added 65,341 ETH over the past week, increasing its total holdings to 4,660,903 ETH, or 3.86% of the total supply. The company aims to raise its stake to 5%. As of March 22, 2026, Bitmine holds $6.5 billion in ETH, 196 BTC, $200 million in Beast Industries, $95 million in Eightco Holdings (ORBS), and $11 billion in cash. Its total crypto assets and cash amount to approximately $110 billion. The firm has staked 3.14 million ETH, generating $184 million in annualized staking income, and plans to launch its proprietary staking infrastructure, MAVAN, in Q1 2026.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.