Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.203 Million Tokens, and Total Crypto and Total Cash Holdings of $14.5 Billion

Core Insights - Bitmine stockholders voted in favor of all proposals, with 81% supporting the increase of authorized shares, indicating strong confidence in the company's strategy [4][5][6] - The company has significant crypto holdings, including 4.2 million ETH valued at approximately $3.2 billion, representing 3.48% of the total ETH supply [2][10] - Bitmine's total assets, including crypto and cash, amount to $14.5 billion, positioning it as a leader in the crypto treasury space [1][10] Company Holdings and Investments - As of January 19, 2026, Bitmine's crypto holdings include 4,203,036 ETH, 193 BTC, and a $22 million stake in Eightco Holdings, alongside $979 million in cash [2] - The company recently announced a $200 million investment in Beast Industries, expected to close shortly [3] - Bitmine's staked ETH stands at 1,838,003, with a recent increase of 581,920 ETH in the past week [8] Market Position and Trading Activity - Bitmine is the 60th most traded stock in the US, with an average daily trading volume of $1.5 billion [11] - The company leads its peers in raising crypto NAV per share and has high trading liquidity [1] Strategic Initiatives - Bitmine is developing the Made in America Validator Network (MAVAN), aimed at providing secure staking infrastructure, with a launch planned for Q1 2026 [9][13] - The company has staked more ETH than any other entity globally, with potential annual staking fees projected at $374 million [9] Leadership and Vision - Thomas "Tom" Lee, Chairman of Bitmine, emphasizes the company's commitment to ETH as a primary treasury reserve asset and the importance of its accumulation strategy [5][13] - The company aims to acquire 5% of the total ETH supply, reflecting a long-term vision for growth and investment in the Ethereum ecosystem [1][4]