BitMine Immersion Technologies reported an Ethereum treasury of 5,956,378 tokens as of September 13, representing 4.9% of the total ETH supply and bringing the company 98% of the way to its goal of owning 5% of all ether. The firm’s combined crypto, cash, and moonshot holdings reached $15.8 billion, with ether valued at $2,513 per token. BitMine added 27,180 ETH over the past week, continuing its weekly buying strategy since June 30. The company stakes 85% of its treasury through its in-house validator network, projecting $334 million in annualized staking revenue. Cash holdings fell to $549 million from $593 million.
BitMine Immersion Technologies (BMNR) reported an Ethereum treasury of 5,956,378 tokens and combined crypto, cash, and moonshot holdings of $15.8 billion as of September 13, according to a press release and 8-K filed September 14.
The company marked its ether at $2,513 per token, up from the prior week’s $2,495 mark, lifting the total from $15.7 billion a week earlier, when its stash reached 5.93 million tokens.
Staked Total Holds at 85%
The company added 27,180 ETH over the past week and has purchased ether every week since the strategy began on June 30, 2025.
Those holdings equal 4.9% of the 122.0 million ETH in supply, unchanged from a week earlier, under a plan BitMine calls the Alchemy of 5%. The company puts the treasury 98% of the way to that mark, 15 months into the strategy.
BitMine stakes 5,067,309 ETH, worth $12.7 billion and about 85% of the treasury, through MAVAN, its in-house validator network. That staked total has held unchanged across the last three weekly updates even as the token count rose.
Chairman Thomas “Tom” Lee put projected annualized staking revenue at $334 million, up from $330 million a week earlier, rising to $392 million once the ether is fully staked, at a 2.62% seven-day yield.
Lee said Ether was the best-performing macro asset in the third quarter, outperforming the S&P 500 by 5,866 basis points through September 11, with Ether, Solana, and Bitcoin the top three assets since June 30.
Cash Falls to $549 Million
Total cash and marketable securities stood at $549 million on September 13, down from $593 million a week earlier, with no reason given for the drawdown. Alongside the ether, BitMine held 212 Bitcoin, a $180 million stake in Beast Industries, and a $98 million stake in Eightco Holdings (ORBS), up from $91 million the previous week.
BitMine ranked among the most heavily traded US stocks, at $924 million in average daily dollar volume over the four days to September 11, 98th of 5,704 listed names. Its holdings rank first among corporate ether treasuries and second among all crypto treasuries, behind Strategy (MSTR), which owns 845,080 Bitcoin worth about $71 billion.
