Bitmine Immersion Technologies Reports 5.67 Million ETH Holdings, Worth $10.7 Billion in Total Reserves
By
Third News
Summary
Bitmine Immersion Technologies (BMNR) announced on June 22, 2026, that its Ethereum holdings have surged to 5.67 million ETH, representing 4.7% of the total ETH supply. The company's total crypto and cash reserves amount to $10.7 billion, positioning Bitmine as a dominant force in the Ethereum ecosystem. This milestone underscores the company's significant accumulation strategy and its growing influence in the cryptocurrency mining sector.
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Key quotes
· 3 pulledBitmine Immersion Technologies (BMNR), a key player in the cryptocurrency mining sector, announced significant news regarding its holdings of Ethereum (ETH).
The company's holdings have surged to an impressive 5.67 million ETH, equating to a staggering total of $10.7 billion when including all cryptocurrencies and cash reserves.
This achievement places Bitmine as a dominant force in the Ethereum landscape, owning 4.7% of the total supply of ETH, which stands at approximately 120.7 million tokens.
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