Bitmine ETH Holdings Reach 5.67 Million Tokens, Worth Over $10 Billion

Bitmine Immersion Technologies (BMNR) has announced its Ethereum holdings have reached 5.67 million tokens, which amounts to 4.7% of the total ETH coin supply of 120.7 million.

The company's Series A Preferred Stock is trading on the NYSE under the symbol BMNP and Bitmine recently launched MAVAN (the Made in America VAlidator Network), an institutional-grade staking platform that will allow institutional investors, custodians, and ecosystem partners to stake their Ethereum with best-in-class infrastructure.

As of June 21, 2026, Bitmine's total staked ETH stands at 4,718,677 ($8.2 billion at $1,733 per ETH), which is over 83% of the 5.67 million ETH held by the company. Annualized staking revenues are now projected to be $223 million.

Bitmine's Chairman, Thomas 'Tom' Lee, stated: 'The best years for crypto remain ahead, in our view. Tokenization and the rapid progress in AI are expected to drive exponential demand growth for blockchain and decentralized crypto.'