Bitmine owns greater than 4.31% of the full ETH coin provide of 120.7 million
Bitmine is 86% of the best way to the ‘Alchemy of 5%’ in simply 11 months
Crypto Spring has commenced and like previous cycles, investor sentiment and conviction are muted and bearish at the same time as crypto costs strengthen
As mirrored on this version of Tom Lee’s Chairman’s Message
Ethereum continues to profit from the twin tailwinds of Wall Road tokenizing on the blockchain and from agentic AI programs more and more needing public and impartial blockchains
Bitmine uplisted to the New York Inventory Alternate (“NYSE”) from the NYSE American efficient as of April 9, 2026
Bitmine has 4,712,917 staked ETH, representing $11.1 billion at $2,366 per ETH
MAVAN (Made in America VAlidator Community) is a premier Ethereum staking vacation spot for BMNR and institutional buyers, with a give attention to safety, efficiency, and resilience
Bitmine owns $88 million of Eightco (NASDAQ: ORBS), now one of many solely publicly listed equities on the planet to supply buyers oblique publicity to OpenAI
Bitmine Crypto + Whole Money Holdings + “Moonshots” whole $13.4 billion, together with 5.21 million ETH tokens, whole money of $775 million, and different crypto holdings
Bitmine leads crypto treasury friends by each the speed of elevating crypto NAV per share and by the excessive buying and selling liquidity of BMNR inventory
Bitmine is the 149th most traded inventory within the US, buying and selling $816 million per day (5-day avg)
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 aim of buying 5% of ETH
NORWALK, Conn., Could 11, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Applied sciences, Inc. (“Bitmine” or the “Firm”) a Bitcoin and Ethereum Community firm with a give attention to the buildup of crypto for long run funding, in the present day introduced Bitmine crypto + whole money + “moonshots” holdings totaling $13.4 billion.
The Firm just lately introduced its uplisting to the New York Inventory Alternate (“NYSE”) from the NYSE American on April 9, 2026. The Firm’s frequent inventory continues to commerce below the image “BMNR”.
As of Could 10, 2026 at 4:00pm ET, the Firm’s crypto holdings are comprised of 5,206,790 ETH at $2,366 per ETH (Coinbase NASDAQ: COIN), 201 Bitcoin (BTC), $200 million stake in Beast Industries, $88 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and whole money of $775 million. Bitmine’s ETH holdings are 4.31% of the ETH provide (of 120.7 million ETH).
Bitmine launched the newest Chairman’s Message (hyperlink right here) for Could 2026.
“‘Crypto spring’ has commenced and we wished to focus on the significance of proudly owning ETH as a supply of diversification, and the probably drivers of this coming ‘crypto bull’ cycle,” said Thomas “Tom” Lee, Chairman of Bitmine. “Among the many key future drivers for Ethereum, the 2 major are Wall Road’s transfer to tokenization and agentic AI. If ETH closes above $2,100 on the finish of Could 2026, this might be the third consecutive month-to-month achieve – this has by no means been seen in a crypto bear market. Thus, a detailed above $2,100 would validate ‘crypto spring’ has arrived.”
“For the reason that begin of 2026, Bitmine has acquired over 1 million ETH and has amassed over 4.3% of the ETH provide. We intend to carry and stake our ETH holdings, which implies our ETH holdings are primarily lowering out there provide of ETH and eliminated 4.3% of ETH provide since June thirtieth, 2025. In different phrases, ETH provide has been disinflationary since June 2025.” said Lee.
“Now we have determined to decelerate our tempo of weekly accumulation from >100,000 per week as we initially focused reaching the ‘alchemy of 5%’ goal in late 2026. Our earlier tempo of >100k weekly buys would have us attain 5% by mid-July.” said Lee.
“ETH costs have been correlated with software program shares (software program ETF ticker: $IGV) and as proven on the chart under, each have been shifting increased collectively prior to now few months. The restoration in software program in 2026 is additional proof ‘crypto spring’ has commenced,” mentioned Lee.
Bitmine just lately launched MAVAN (the Made in American VAlidator Community), the institutional grade staking platform. Whereas MAVAN was initially developed to assist Bitmine’s personal Ethereum treasury, MAVAN intends to develop to serve institutional buyers, custodians, and ecosystem companions searching for best-in-class staking infrastructure. A portion of Bitmine’s ETH is already staked on the MAVAN platform.
As of Could 10, 2026, Bitmine whole staked ETH stands at 4,712,917 ($11.1 billion at $2,366 per ETH). “Bitmine has staked extra ETH than different entities on the planet. At scale (when Bitmine’s ETH is totally staked by MAVAN and its staking companions), the projected ETH staking reward is $352 million yearly (utilizing 2.86% 7-day BMNR yield),” said Lee.
“Annualized staking revenues at the moment are $319 million. And this 4.7 million ETH is over 90% of the 5.21 million ETH held by Bitmine. Bitmine’s personal staking operations generated a 7-day yield of two.86% (annualized),” continued Lee.
Bitmine crypto holding reigns because the #1 Ethereum treasury and #2 world treasury, behind Technique Inc. (NASDAQ: MSTR), which reportedly owns 818,334 BTC valued at $66.6 billion. Bitmine stays the most important ETH treasury on the planet.
Bitmine is likely one of the most generally traded shares within the US. In line with information from Fundstrat, the inventory has traded common each day greenback quantity of $816 million (5-day common, as of Could 8, 2026), rating #149 within the US, behind Carvana Co (rank #148) and forward of Royal Caribbean Cruises (rank #150) amongst 5,704 US-listed shares (statista.com and Fundstrat analysis).
The GENIUS Act and Securities and Alternate Fee’s (the “SEC”) Mission Crypto are as transformational to monetary providers in 2025 as US motion on August 15, 1971 ending Bretton Woods and the USD on the gold customary 54 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 in the present day. These proved to be higher investments than gold.
The Chairman’s message could be discovered right here:
https://www.Bitminetech.io/chairmans-message
The Fiscal Full Yr 2025 Earnings presentation and company presentation could be discovered right here: https://Bitminetech.io/investor-relations/
To remain knowledgeable, please join at: https://Bitminetech.io/contact-us/
About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations within the US. The corporate is deploying its extra capital to be the main Ethereum Treasury firm on the planet, implementing an modern digital asset technique for institutional buyers and public market individuals. Guided by its philosophy of “the alchemy of 5%,” the Firm is dedicated to ETH as its major treasury reserve asset, leveraging native protocol-level actions together with staking and decentralized finance mechanisms. The Firm launched MAVAN (Made-in America VAlidator Community), a devoted staking infrastructure for Bitmine property, in 2026.
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Ahead Wanting Statements
This press launch comprises statements that represent “forward-looking statements.” The statements on this press launch that aren’t purely historic are forward-looking statements which contain dangers and uncertainties. This doc particularly comprises forward-looking statements concerning: (i) progress and achievement of the Firm’s targets concerning ETH acquisition, together with the ‘Alchemy of 5%’ initiative and the long-term worth of Ethereum; (ii) the Firm’s beliefs concerning Ethereum’s efficiency relative to different property, together with its characterization as a “wartime retailer of worth” and its efficiency throughout geopolitical occasions; (iii) the Firm’s expectations concerning the present state and future trajectory of the cryptocurrency market, together with statements that ETH could also be within the “ultimate phases of the mini-crypto winter”; (iv) continued development and development of the Firm’s Ethereum treasury technique and the relevant advantages to the Firm; (v) the Firm’s share repurchase program, together with statements concerning shares buying and selling under intrinsic worth, the Firm’s capacity to accretively retire frequent shares, and the execution of repurchases via open market transactions; (vi) the Firm’s digital asset accumulation technique and staking operations, together with MAVAN, its enlargement to serve institutional buyers, custodians, and ecosystem companions, and projected annual staking revenues and rewards; (vii) statements concerning the advantages of Wall Road tokenization on the blockchain and agentic AI programs using public blockchains; (viii) expectations concerning the potential affect of regulatory developments, together with the GENIUS Act and SEC Mission Crypto, on monetary providers and digital property; and (ix) the Firm’s monetary flexibility to assist its treasury operations and expanded repurchase authorization. In evaluating these forward-looking statements, you need to contemplate varied elements, together with: Bitmine’s capacity to maintain tempo with new know-how and altering market wants; Bitmine’s capacity to finance its present enterprise, Ethereum treasury operations, share repurchase program, and proposed future enterprise; the aggressive atmosphere of Bitmine’s enterprise; market circumstances affecting the buying and selling value of the Firm’s frequent inventory; regulatory developments affecting digital property, together with the final word enactment and implementation of pending laws and SEC initiatives; geopolitical occasions and their affect on cryptocurrency markets; the volatility and unpredictability of digital asset costs; and the long run worth of Bitcoin and Ethereum. Precise future efficiency outcomes and outcomes could differ materially from these expressed in forward-looking statements. Ahead-looking statements are topic to quite a few circumstances, a lot of that are past Bitmine’s management, together with these set forth within the Threat Elements part of Bitmine’s Kind 10-Okay filed with the SEC on November 21, 2025, in addition to all different SEC filings, as amended or up to date occasionally. Copies of Bitmine’s filings with the SEC can be found on the SEC’s web site at www.sec.gov. Bitmine undertakes no obligation to replace these statements for revisions or modifications after the date of this launch, besides as required by regulation.
