Bitmine Immersion Reports 4.596M ETH and $11.5B in Crypto Assets
Bitmine released a detailed asset snapshot dated March 15, 2026, at 7:00pm ET. The report lists a large Ethereum position, Bitcoin holdings, equity stakes, and substantial cash.
Portfolio snapshot
Ethereum holdings total 4,595,562 ETH, valued at $2,185 per ETH. The company holds 196 Bitcoin and $1.2 billion in cash.
Equity stakes include $200 million in Beast Industries and an $83 million position in Eightco Holdings. Bitmine increased its investment in Eightco by an additional $80 million last week.
| Asset | Amount / Value |
| Ethereum | 4,595,562 ETH (@ $2,185) |
| Bitcoin | 196 BTC |
| Cash | $1.2 billion |
| Beast Industries stake | $200 million |
| Eightco / ORBS stake | $83 million + $80 million additional |
Recent transactions and strategic moves
Bitmine bought 5,000 ETH from the Ethereum Foundation to fund the foundation’s operations. The purchase allowed the foundation to raise capital without open-market sales.
The company acquired 60,999 ETH in the latest week. That compares to a recent weekly average of about 45,000 to 50,000 ETH.
Eightco (ORBS) developments
ORBS used part of the fresh capital to buy a $50 million stake in OpenAI. It also took a $25 million equity position in Beast Industries.
Management says ORBS provides public-market exposure to OpenAI ahead of its anticipated 2026 IPO. The company is adding strategic advisors to expand institutional appeal.
Staking program and MAVAN
Total staked ETH equals 3,040,515. At $2,185 per ETH, staked assets are valued near $6.6 billion.
Staked ETH represents roughly 66% of Bitmine’s Ethereum holdings. The company reports annualized staking revenues near $180 million.
Bitmine says its staking operations produced a seven-day yield of 2.81%. The Composite Ethereum Staking Rate is 2.79% per Quatrefoil.
The firm is developing the Made-in-America VAlidator Network, or MAVAN. MAVAN is slated for deployment in early 2026 and will use three staking providers.
Market position and trading metrics
Bitmine is the largest public Ethereum treasury. It ranks second among global crypto treasuries, behind Strategy Inc. (NASDAQ: MSTR).
Strategy Inc. holds 738,731 BTC, valued at about $53 billion. Bitmine’s ETH holdings equal about 3.81% of the 120.7 million ETH supply.
Fundstrat data shows Bitmine shares traded an average daily dollar volume of $1.0 billion. That five-day average, measured March 13, 2026, ranked the stock 105th among U.S. listings.
Market context and leadership commentary
Chairman Thomas “Tom” Lee linked recent crypto outperformance to geopolitical oil market moves. He noted Ethereum’s strong short-term returns versus equities.
Management argues investors buy growth assets during growth concerns. The company sees crypto moving alongside software and large-cap growth stocks.
Reporting and disclosures
The company positions Ethereum as its primary treasury reserve asset. Bitmine emphasizes protocol-level activities such as staking and decentralized finance.
Forward-looking statements accompany the release. The company highlights risks tied to markets, technology, and regulatory change.
Additional notes
- Bitmine reports it has staked more ETH than other public entities worldwide.
- When fully staked by MAVAN and partners, annual staking rewards could reach $272 million at reported yields.
- ORBS’s moves provide exposure to OpenAI prior to its expected 2026 public offering.
Company materials, including the chairman’s message and the Fiscal Full Year 2025 presentation, are available on Filmogaz.com. For investor updates, sign up through Filmogaz.com.
In its reporting, Bitmine Immersion Reports 4.596M ETH and summaries reference a total of $11.5B in Crypto Assets held or managed by the company.
