BitMine Immersion (BMNR) added Ethereum belongings final week, bringing its complete holdings to five.77 million Ether ($ETH), which represents about 4.8% of Ethereum’s circulating provide of 120.7 million tokens, in keeping with a press launch on Monday.
The corporate has roughly $5 million in $ETH Your holdings are staked, permitting you to earn staking rewards whereas sustaining one of many largest company Ethereum treasuries.
BitMine’s steadiness sheet consists of 206 Bitcoins along with Ether BTC$63,015.88$180 million in Beast Industries inventory, $69 million in Eightco Holdings (ORBS) inventory, and roughly $482 million in money and marketable securities.
Chairman Tom Lee cited increasing exercise on Ethereum’s Layer 2 community as a key motive for the corporate’s continued focus. $ETH.
“One of many largest cryptocurrency success tales of 2026 would be the profitable exit of the Robinhood Chain L2 mainnet on July 1st, constructed on Arbitrum,” Lee mentioned in a launch. “With greenback buying and selling quantity already exceeding $1 billion, the Robinhood Chain at the moment has extra buying and selling quantity than some other decentralized alternate (DEX), demonstrating glorious utility and product market match for the underlying chain, Ethereum.”
