Bitmine increased its holdings by 60,976 ETH in the past week, with a total crypto and cash holdings reaching $10.3 billion.

CycleProphet · 2026-03-09T12:41:29+00:00

Bitmine Immersion Technologies announced that as of March 9, 2026, the company's total cryptocurrency and cash holdings reached $10.3 billion, with 4.535 million ETH valued at approximately $8.9 billion, achieving 75% of the target. The chairman stated that they have recently increased their ETH holdings and believe that ETH prices are about to bottom out.

CycleProphet

2026-03-09 12:41:29

Abstract generation in progress

Deep Tide TechFlow News, March 9, reports that Bitmine Immersion Technologies (NYSE: BMNR) announced on March 9, 2026, that the company’s total holdings of cryptocurrencies and cash have reached $10.3 billion.

As of March 8, 2026, the company holds 4.535 million ETH, valued at approximately $1,965 per token, totaling about $8.9 billion, accounting for 3.76% of the total ETH supply. This is about 75% of the company’s goal to hold 5% of the entire network’s ETH. Of these, 3.04 million ETH have been staked, generating an annualized staking income of approximately $174 million.

Chairman Tom Lee stated that in the past week, the company purchased an additional 60,976 ETH, higher than the previous weekly average of 45,000 to 50,000 ETH. He also believes that ETH prices are at the end of the “crypto winter,” with the bottom likely forming between March 8 and 14.

ETH3,04%

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