Bitmine reports $13.2 billion in crypto and cash holdings

Bitmine Immersion Technologies Inc. (NYSE American: BMNR) announced its cryptocurrency and cash holdings totaled $13.2 billion as of December 28. The company holds 4.11 million Ethereum tokens valued at approximately $12.1 billion, along with $1 billion in cash and other investments.

The company's Ethereum holdings represent 3.41% of the total ETH token supply of 120.7 million tokens. Bitmine added 44,463 ETH tokens in the past week, according to the statement.

The company currently has 408,627 ETH tokens staked, generating potential annual income of $374 million based on a 2.81% staking rate. Bitmine plans to launch its Made in America Validator Network staking solution in the first quarter of 2026.

Bitmine will hold its annual stockholder meeting at the Wynn Las Vegas on January 15, 2026. The meeting will address four key proposals including electing eight directors, approving a charter amendment to increase authorized shares, approving a 2025 incentive plan, and approving executive compensation arrangements.

The company's stock traded an average daily volume of $980 million over five days as of December 26, ranking it 47th among U.S.-listed stocks by trading volume. This places it between Salesforce and General Electric among 5,704 U.S.-listed stocks.

In addition to its Ethereum holdings, Bitmine owns 192 Bitcoin tokens and holds a $23 million stake in Eightco Holdings (NASDAQ: ORBS). The company operates Bitcoin mining facilities in Trinidad, Pecos, Texas, and Silverton, Texas.

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