Bitmine owns 4.8% of the whole ETH coin provide of 120.7 million
Bitmine is 96% of the way in which to the ‘Alchemy of 5%’ in simply 14 months
In July, ETH outperformed Nasdaq 100 by 2,500 foundation factors, the biggest since July 2025, reflective of the strengthening fundamentals of crypto
Bitmine repurchased 1.7 million shares of widespread inventory previously week, and has repurchased over 20.8 million shares cumulatively since July 2026 beneath its beforehand introduced $4 billion share repurchase program
Bitmine was added to the Russell 1000 Giant-cap index on June 26, 2026
Bitmine’s Sequence A Most popular Inventory is buying and selling on the NYSE beneath the image BMNP
Bitmine has 5,067,309 staked ETH, representing $9.6 billion at $1,893 per ETH. MAVAN (Made in America VAlidator Community) is a premier Ethereum staking vacation spot for BMNR and institutional buyers
Bitmine owns $73 million of Eightco (NASDAQ: ORBS), now one of many solely publicly listed equities on the planet to offer buyers oblique publicity to OpenAI
Bitmine Crypto + Complete Money Holdings & Marketable Securities + “Moonshots” whole $11.4 billion, together with 5.82 million ETH tokens, whole money & marketable securities of $78 million, and different crypto holdings
Bitmine stays supported by a premier group of institutional buyers together with ARK’s Cathie Wooden, MOZAYYX, Founders Fund, Invoice Miller III, Pantera, Kraken, DCG, Galaxy Digital and private investor Thomas “Tom” Lee to assist Bitmine’s objective of buying 5% of ETH
NORWALK, Conn., Aug. 17, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Applied sciences, Inc. (“Bitmine” or the “Firm”) a Bitcoin and Ethereum Community firm with a concentrate on the buildup of crypto for long run funding, immediately introduced Bitmine crypto + whole money & marketable securities + “moonshots” holdings totaling $11.4 billion.
As of August 16, 2026 at 9:30pm ET, the Firm’s crypto holdings are comprised of 5,815,164 ETH at $1,893 per ETH (per Coinbase NASDAQ: COIN), 210 Bitcoin (BTC), $180 million stake in Beast Industries, $73 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and whole money & marketable securities of $78 million. Bitmine’s ETH holdings are 4.8% of the ETH provide (of 120.7 million ETH).
“We’re inspired to see the ETH/BTC ratio at 0.02994 and rising. This ratio has moved above the long-term downtrend in place over the previous couple of years and is an indication, in our view, that markets are starting to see materialization of tokenization and agentic-AI purposes, which ought to profit Ethereum,” acknowledged Thomas “Tom” Lee, Chairman of Bitmine. “We count on easing monetary circumstances to be a tailwind for crypto.”
“This ETH/BTC ratio has moved up throughout crypto bull cycles, pushed by rising use of Ethereum relative to bitcoin. These prior cycles had been fueled by ICOs (2017-2018), NFTs (2020-2021), and stablecoins (2025). On this upcoming crypto cycle, we see the ETH/BTC ratio rising, pushed by Wall Road tokenizing on the blockchain and by agentic-AI utilizing blockchains,” continued Lee.
“We proceed to view Bitmine’s widespread shares as undervalued and the Firm repurchased 1.7 million shares through the previous week, bringing whole widespread fairness repurchases to over 20.8 million widespread shares because the begin of July. This buyback stays the biggest ever executed by any Ethereum, Bitcoin or crypto DAT (Digital Asset Treasury),” continued Lee. Since July 1, 2026, Bitmine has repurchased 20.8 million shares of widespread inventory beneath the beforehand approved $4 billion share repurchase program.
“Over the previous week, we acquired 9,926 ETH. Bitmine has purchased ETH each week because the inception of the ETH Treasury Technique on June 30, 2025 about 14 months in the past,” acknowledged Lee.
On July 16, 2026, Bitmine launched the newest Chairman’s Message (hyperlink right here) for July 2026. The title of the Message is “ETH is the treatment for the Uncanny Valley of Wealth.”
Earlier in 2026, Bitmine launched MAVAN (the Made in America VAlidator Community), the institutional-grade staking platform. Whereas MAVAN was initially developed to assist Bitmine’s personal Ethereum treasury, MAVAN intends to broaden to serve institutional buyers, custodians, and ecosystem companions in search of best-in-class staking infrastructure. A portion of Bitmine’s ETH is already staked on the MAVAN platform.
As of August 16, 2026, Bitmine whole staked ETH stands at 5,067,309 ($9.6 billion at $1,893 per ETH). “Bitmine has staked extra ETH than different entities on the planet. At scale (when Bitmine’s ETH is absolutely staked by MAVAN and its staking companions), the projected ETH staking reward is $287 million on an annualized foundation (utilizing 2.61% 7-day BMNR yield),” acknowledged Lee.
“Annualized staking revenues are actually projected at $250 million. And this 5.1 million ETH is 87% of the 5.82 million ETH held by Bitmine. Bitmine’s personal staking operations generated a 7-day yield of two.61% (annualized),” continued Lee.
Bitmine’s crypto holdings reign because the #1 Ethereum treasury and #2 world treasury, behind Technique Inc., which reportedly owns 840,447 BTC valued at roughly $58 billion. Bitmine stays the biggest ETH treasury on the planet.
Bitmine administration believes the GENIUS Act and the Securities and Change Fee’s (SEC) Mission Crypto are as transformational to monetary providers in 2026 because the US motion on August 15, 1971, which ended the Bretton Woods system and took the U.S. greenback off the gold customary 55 years in the past. This 1971 occasion was the catalyst for the modernization of Wall Road, creating the enduring Wall Road titans and monetary and fee rails of immediately. These proved to be higher investments than gold.
The Chairman’s message may be discovered right here:
https://www.Bitminetech.io/chairmans-message
The Fiscal Full Yr 2025 Earnings presentation and company presentation may be discovered right here: https://Bitminetech.io/investor-relations/
To remain knowledgeable, please join at: https://Bitminetech.io/contact-us/
About Bitmine
Bitmine Immersion Applied sciences, Inc. (NYSE: BMNR), along with its subsidiaries (“Bitmine” or the “Firm”), is a blockchain know-how infrastructure firm working throughout institutional digital asset staking and validation providers, bitcoin mining, and strategic digital asset administration. Because the world’s main Ethereum Treasury firm, it implements an modern digital asset technique for institutional buyers and public market individuals. The Firm gives institutional-grade staking and validation infrastructure—by way of which it earns staking rewards and validation revenue—alongside bitcoin mining actions. Bitmine holds digital property strategically, producing yield on these holdings to assist liquidity and capital formation. Since 2025, the Firm has expanded its blockchain infrastructure capabilities, together with growing and deploying MAVAN, its institutional staking and validation platform. The Firm’s actions additional embody investments in early-stage blockchain alternatives (“moonshot” investments) and ancillary mining, internet hosting, and consulting providers.
For added particulars, observe on X:
https://x.com/bitmnr
https://x.com/fundstrat
Ahead Trying Statements
This press launch incorporates statements that represent “forward-looking statements” throughout the which means of the Personal Securities Litigation Reform Act of 1995, as amended. Ahead-looking statements embody all statements that aren’t purely historic and may typically be recognized by phrases similar to “expects,” “tasks,” “intends,” “plans,” “believes,” “anticipates,” “estimates,” “forecasts,” “targets,” “objectives,” “could,” “will,” “would,” “may,” “ought to,” “view,” “see,” or comparable expressions, or the unfavorable of such phrases, or different comparable terminology. This press launch particularly incorporates forward-looking statements concerning, amongst different issues: (i) the Firm’s objective of buying 5% of the whole ETH provide (the “Alchemy of 5%” initiative) and statements concerning its progress towards this objective; (ii) the Firm’s digital asset accumulation and treasury technique, together with statements concerning continued weekly ETH acquisitions and the Firm’s standing as the biggest ETH treasury on the planet; (iii) the Firm’s staking operations, together with projected annualized ETH staking rewards of roughly $287 million (assuming Bitmine’s ETH is absolutely staked by MAVAN and its staking companions at scale), present projected annualized staking revenues of roughly $250 million, and the 7-day yield of two.61% (annualized); (iv) MAVAN’s meant growth to serve institutional buyers, custodians, and ecosystem companions in search of best-in-class staking infrastructure; (v) the Firm’s $4 billion share repurchase program, together with statements concerning the execution, measurement, and potential accretive worth of such program; (vi) administration’s views concerning the valuation of the Firm’s widespread shares and the characterization of such shares as “undervalued”; (vii) expectations concerning the connection between ETH efficiency versus Bitcoin or the Nasdaq 100, together with statements that ETH outperformed the Nasdaq 100 by 2,500 foundation factors in July 2026 as “reflective of the strengthening fundamentals of crypto”; (viii) administration’s expectation that easing monetary circumstances might be “a tailwind for crypto”; (ix) statements and expectations concerning the ETH/BTC ratio, together with that markets are “starting to see materialization of tokenization and agentic-AI purposes, which ought to profit Ethereum,” and that the ETH/BTC ratio will rise within the upcoming crypto cycle pushed by Wall Road tokenization and agentic-AI utilizing blockchains; (x) administration’s perception that the GENIUS Act and SEC Mission Crypto are “as transformational to monetary providers” as the tip of the Bretton Woods system in 1971; (xi) statements concerning the Firm’s funding in Eightco Holdings (NASDAQ: ORBS) as offering oblique publicity to OpenAI; and (xii) the long run progress, development, and strategic course of the Firm’s Ethereum treasury technique, blockchain infrastructure capabilities, and MAVAN staking platform.
These forward-looking statements contain substantial dangers and uncertainties that would trigger precise outcomes to vary materially from these expressed or implied. Elements that would trigger or contribute to such variations embody, however usually are not restricted to: the acute volatility and unpredictability of digital asset costs, together with ETH and Bitcoin, and the speculative nature of digital asset investments; modifications in market circumstances affecting the buying and selling worth of the Firm’s widespread inventory and Sequence A Most popular Inventory; the Firm’s means to efficiently execute its digital asset acquisition technique and obtain its ETH accumulation targets, together with the “Alchemy of 5%” objective; the Firm’s means to finance its enterprise operations, Ethereum treasury operations, MAVAN growth, and share repurchase actions; operational, safety, and technological dangers related to the Firm’s staking and validation operations, together with community failures, slashing occasions, cybersecurity breaches, and protocol modifications; competitors within the digital asset treasury, staking, and mining industries; the Firm’s dependence on key personnel, together with government management; regulatory developments affecting digital property, blockchain know-how, and staking actions in the US and globally, together with the final word enactment, implementation, and interpretation of the GENIUS Act and different pending laws and regulatory initiatives; actions by the SEC, CFTC, and different regulatory our bodies affecting digital property and associated companies; dangers associated to the Firm’s investments in early-stage blockchain alternatives (“moonshot” investments), together with the funding in Eightco Holdings and any oblique publicity to OpenAI; macroeconomic elements, together with inflation, rates of interest, Federal Reserve financial coverage, labor market circumstances, and normal financial circumstances affecting investor sentiment towards digital property; the accuracy of administration’s expectations concerning the ETH/BTC ratio and the impression of tokenization and agentic-AI purposes on Ethereum; the unpredictability of cryptocurrency market cycles and the accuracy of expectations concerning future crypto cycles; modifications to the Ethereum protocol, together with staking mechanics, validator necessities, and reward buildings; dangers associated to AI methods and their potential impression on cryptocurrency markets and blockchain know-how; the efficiency of third-party service suppliers, exchanges, custodians, and staking companions; dangers associated to the focus of the Firm’s property in digital currencies, notably Ethereum; and the opposite threat elements described within the Firm’s filings with the SEC.
The forward-looking statements contained on this press launch are primarily based on info out there to administration as of the date of this launch and replicate administration’s present expectations, estimates, forecasts, projections, views, and beliefs regarding future occasions and circumstances. Precise outcomes could range materially from these expressed or implied by forward-looking statements primarily based on numerous elements, together with these described above and within the Threat Elements part of the Firm’s Annual Report on Type 10-Okay for the fiscal 12 months ended September 30, 2025 filed with the SEC on November 21, 2025, the Firm’s Quarterly Reviews on Type 10-Q, and the Firm’s different filings with the SEC, as amended or up to date on occasion. Copies of those filings can be found on the SEC’s web site at www.sec.gov and on the Firm’s web site at https://Bitminetech.io/investor-relations/. The Firm cautions readers to not place undue reliance on any forward-looking statements, which converse solely as of the date on which they’re made. Bitmine expressly disclaims any obligation or enterprise to replace, revise, or complement any forward-looking statements to replicate any change in its expectations or any change in occasions, circumstances, or circumstances on which any such statements are primarily based, besides as required by relevant regulation or regulation.
