BMNR increased its holdings by over 40,000 ETH in a week, with staking scale approaching 5 million ETH. This institution is really treating ETH as a core asset to hoard, with annual staking revenue of over $200 million. The cash flow strategy is very clear.

Bitmine Immersion Technologies (BMNR) increased its holdings by 42,197 ETH over the past week. As of June 28, 2026, it holds 5,742,237 ETH, valued at approximately $10.34B based on $1,800 per coin, accounting for about 4.8% of the total ETH supply; it also holds 206 BTC, $527 million in cash and marketable securities, etc., with total crypto assets, cash, and related investments reaching $11.1 billion. Currently, 4,879,157 ETH have been staked, with an estimated annual staking income of approximately $235 million based on the current yield.