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Bitmine Immersion Technologies said its crypto, cash and “moonshot” holdings totaled $10.3

Bitmine disclosed a $10.3 billion treasury and said it holds more than 4.5 million ETH after a recent purchase of 60,976 ETH [1].

3h agoMar 9, 2026, 2:42 PMNewsroom AI

Bitmine Immersion Technologies said its crypto, cash and “moonshot” holdings totaled $10.3 billion and reported holdings of over 4.5 million ETH — cited as about 4.535 million ETH in some coverage — after acquiring 60,976 ETH in its latest tranche; the company also reported that just over 3 million ETH are staked as part of its revenue strategy [1][5][4].

The disclosure coincided with a rally in BMNR stock and was linked to a short-term rise in Ethereum’s price to roughly $2,000 (up about 4% on the day) following the announced buy [3][2]. Some reporting noted that, despite the large ETH position, the firm was sitting on a paper loss of nearly $8 billion based on current prices [6].

Bitmine emphasized staking as part of its plan to generate revenue; independent coverage estimated staking operations could yield on the order of $174 million per year from the company’s ETH holdings [1][4].

The filing highlights one of the largest known corporate ETH accumulations and coincided with immediate market responses in both BMNR shares and ETH price [5][3][2].

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