Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.81 Million Tokens, and Total Crypto and Total Cash Holdings of $11.6 Billion

As of August 9, 2026 at 6:30pm ET, the Company's crypto holdings are comprised of 5,805,238 ETH at $1,928 per ETH (per Coinbase), 209 Bitcoin (BTC), $180 million stake in Beast Industries, $69 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash & marketable securities of $104 million. Bitmine's ETH holdings are 4.8% of the ETH supply (of 120.7 million ETH).

"We are disappointed that the CLARITY Act will not see a Senate vote before the August recess, but financial markets seem more focused on the recent softer inflation and jobs data.  The odds of a Sept. hike by the Federal Reserve have fallen to 40% from 75% two weeks ago," stated Thomas "Tom" Lee, Chairman of Bitmine.  "We expect easing financial conditions to be a tailwind for crypto."

"Since Bitmine pivoted to an Ethereum Treasury strategy on June 30 of last year, sizable outperformance of ETH vs Bitcoin (monthly) has typically been followed by Bitmine's shares outperforming ETH over the following month. In July, ETH outperformed Bitcoin by 1,100bp similar to July 2025, Dec 2025, March 2026 and in those instances, Bitmine's shares saw strong outperformance over ETH in the following two months." continued Lee.