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Bitmine Reports $10 Billion in Crypto and Cash Holdings

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Bitmine Immersion Technologies Inc. (NYSE AMERICAN: BMNR) reported total holdings of $10.0 billion, comprised of cryptocurrency assets, cash, and investments, according to a company statement.

As of February 8, 2026, the company holds 4.326 million Ethereum (ETH) tokens valued at $2,125 per token, representing 3.58% of the total ETH supply. The holdings include 2.87 million staked ETH worth $6.2 billion, 193 Bitcoin, $595 million in cash, a $200 million investment in Beast Industries, and a $19 million stake in Eightco Holdings (ORBS).

The company acquired 40,613 ETH tokens in the past week, according to Executive Chairman Thomas Lee. Bitmine’s staked ETH generates annualized staking revenues of $202 million, up 7% from the previous week, using a 3.115% composite Ethereum staking rate.

Bitmine trades an average of $1.3 billion in daily dollar volume over a five-day period as of February 6, 2026, ranking it 107th among U.S.-listed stocks by trading volume. The company operates as what it describes as the largest ETH treasury globally and second-largest cryptocurrency treasury behind MicroStrategy Inc. (MSTR).

The company plans to launch its Made in America Validator Network (MAVAN) staking solution in the first quarter of 2026. Bitmine currently works with three staking providers while developing this infrastructure.

ETH prices declined 62% from 2025 highs, while Ethereum daily transactions reached 2.5 million and daily active addresses hit 1 million in 2026, according to data cited by the company from theblock.co.

 

 

Originally written by: Investing.com

Source: Investing.com

Published on: 9 February 2026

Link to original article: Bitmine reports $10 billion in crypto and cash holdings

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