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Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.67 Million Tokens, and Total Crypto and Total Cash Holdings of $10.7 Billion

The company said it now holds 5.67 million ETH after buying 52,203 tokens, or 4.7% of Ethereum’s circulating supply, and is 94% of its target.

  • On Monday, Bitmine Immersion Technologies, Inc. announced total crypto and cash holdings of $10.7 billion, including 5.67 million ETH tokens after acquiring 52,203 ETH last week.
  • Driven by its 'Alchemy of 5%' philosophy, Bitmine aims to accumulate 5% of Ethereum's total supply, reaching 94% of this goal in just 11 months as Chairman Thomas "Tom" Lee maintains steady accumulation throughout 2026.
  • Bitmine's MAVAN staking infrastructure supports its treasury strategy, projecting annualized staking rewards of $268 million and revenues of $223 million at full operational scale.
  • The company declared weekly cash dividends of $0.1847 per share for its Series A Preferred Stock , trading on the New York Stock Exchange, with payments scheduled through August 28, 2026.
  • Chairman Lee believes the market is in early stages of "crypto spring," anticipating that artificial intelligence and tokenization will drive exponential demand growth for blockchain and decentralized crypto.
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Coinfomania broke the news on Monday, June 22, 2026.
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