Bitmine Surpasses $11 Billion in Crypto Holdings, Cements Ethereum Leadership

Bitmine Immersion Technologies has made a significant milestone in its pursuit of becoming the leading Ethereum Treasury company. The company has announced that its ETH holdings have reached 4.875 million tokens, totaling $11.8 billion in value.

The company's crypto treasury is the largest in the world, with a significant stake in Ethereum staking rewards. As of April 13, 2026, Bitmine's total staked ETH stands at 3,334,637 ($7.4 billion at $2,206 per ETH).

Bitmine's Chairman, Thomas 'Tom' Lee, believes that Ethereum is emerging as a wartime store of value. He notes that ETH has outperformed the S&P 500 by 1,830 basis points since the start of the Iran war and has gained 17.4% in value.

The company's focus on Ethereum staking rewards has been successful, with Bitmine generating a 7-day yield of 2.89% (annualized) through its own staking operations. This is higher than the Composite Ethereum Staking Rate (CESR), which stands at 2.73%.