NewsLayer

Install NewsLayer

Get the app experience — one tap from your home screen, instant loads and breaking-news alerts.

NewsLayer.com
NewsLayer PulseLIVEBTC$78,520-0.80%ETH$2,483-0.32%SOL$103.05-0.81%XRP$1.42+1.65%DOGE$0.0898-0.69%ADA$0.2197-0.43%Total Cap$2.81T-0.48%Layer Index42 Neutral

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.93 Million Tokens, and Total Crypto and Total Cash Holdings of $15.7 Billion

As of September 7, 2026 at 2:00pm ET, the Company's crypto holdings are comprised of 5,929,198 ETH at $2,495 per ETH (per Coinbase NASDAQ: COIN), 211 Bitcoin (BTC), $180 million stake in Beast Industries, $91 million stake in Eightco…

PR Newswire

Publisher

Sep 8, 2026 at 12:30 PM UTC · 11 min de lectura

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.93 Million Tokens, and Total Crypto and Total Cash Holdings of $15.7 Billion
Image via PR Newswire

Entities

ethereum

Market Impact

ETH-0.32%$2,483

Last Updated

hace 9 horas

Traduciendo…

As of September 7, 2026 at 2:00pm ET, the Company's crypto holdings are comprised of 5,929,198 ETH at $2,495 per ETH (per Coinbase NASDAQ: COIN), 211 Bitcoin (BTC), $180 million stake in Beast Industries, $91 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash & marketable securities of $593 million. Bitmine's ETH holdings are 4.9% of the ETH supply (of 122.0 million ETH).

"Since June 30th, 4 of the top 21 best performing stocks in the Russell 1000 are crypto-related equities. The outperformance is reflective of the fact that Ethereum is the best performing macro asset in Q3 so far. In our view, fund managers benchmarked to the Russell 1000 need to consider whether they have sufficient exposure to crypto given this group's outsized contribution to Russell 1000 gains this quarter. Notably, Bitmine's common stock is the 4th best performing with a gain of 99% compared to 3% for the Russell 1000 benchmark," stated Thomas "Tom" Lee, Chairman of Bitmine.

Tom DeMark, founder of DeMark Analytics and a capital markets advisor to Bitmine is expecting ETH to make a sharp upward move in coming weeks. According to Tom DeMark, "In August, ETH moved sideways without a downside break and the 12-day metric expired, which implies a renewal of the upside move. We believe this further supports the continuation of the prior uptrend. We expect, last week's sharp one-day rally was a likely preview of the pending advance."

Market Context

Ethereum

ETH

$2,483

-0.30% (24H)

Market Cap

$302.9B

24H Volume

$9.5B

24H High

$2,507

View Ethereum Market Page

Article Intelligence

Key Entities

Topics

Related Coverage

View all related

Sponsored

Ad
House — Advertise on NewsLayer
NewsLayerLearn more

NewsLayer Premium

Unlock deeper intelligence.

Ad-free reading, exclusive research, and real-time onchain insights.

Go Premium