Bitmine Reports 5.67 Million ETH Holdings, Total Assets Reach $10.7B

Bitmine Immersion Technologies reported holding 5,672,956 ETH as of June 21, 2026, representing 4.7% of total supply and valued at roughly $9.8 billion at $1,733 per token. This drove total crypto, cash, marketable securities and moonshots to $10.7 billion, including $601 million in cash equivalents, a $104 million Eightco stake and 205 BTC. The firm has staked 4.72 million ETH, projecting $223 million in annual staking revenue at current yields, while reiterating its 5% ownership target for 2026 after raising $273.8 million via preferred stock.