Bitmine Immersion Technologies, a leading Ethereum Treasury company, has made significant announcements regarding its crypto and total cash holdings. As of February 22nd, 2026, the Company's total holdings amount to $9.6 billion, comprising $4.4 million ETH tokens, $691 million in total cash, and other crypto assets.
The Company's ETH holdings now represent a significant portion of the total ETH supply, with 3.66% ownership. A substantial portion of these holdings is staked, generating annualized revenues of $171 million. This achievement marks progress towards Bitmine's goal of acquiring 5% of the ETH token supply.
Bitmine's focus on methodically executing its treasury strategy and steadily acquiring ETH has led to significant growth in its holdings. The Company views this pullback as an attractive opportunity, given strengthening fundamentals, particularly in the areas of Wall Street's efforts at tokenization, AI using smart blockchains, and the emerging creator economy.
Bitmine is also working towards launching its MAVAN staking solution, a dedicated infrastructure for secure staking operations. This initiative aims to provide best-in-class staking infrastructure and will be deployed in early 2026, following collaboration with three staking providers.