BitMine Immersion (BMNR) added Ethereum assets last week, bringing its total holdings to 5.77 million Ether ($ETH), which represents about 4.8% of Ethereum’s circulating supply of 120.7 million tokens, according to a press release on Monday.
The company has approximately $5 million in $ETH Your holdings are staked, allowing you to earn staking rewards while maintaining one of the largest corporate Ethereum treasuries.
BitMine’s balance sheet includes 206 Bitcoins in addition to Ether BTC$63,015.88$180 million in Beast Industries stock, $69 million in Eightco Holdings (ORBS) stock, and approximately $482 million in cash and marketable securities.
Chairman Tom Lee cited expanding activity on Ethereum’s Layer 2 network as a key reason for the company’s continued focus. $ETH.
“One of the biggest cryptocurrency success stories of 2026 will be the successful exit of the Robinhood Chain L2 mainnet on July 1st, built on Arbitrum,” Lee said in a release. “With dollar trading volume already exceeding $1 billion, the Robinhood Chain currently has more trading volume than any other decentralized exchange (DEX), demonstrating excellent utility and product market fit for the underlying chain, Ethereum.”
