Bitmine discloses 5.70M ETH holdings (4.7% of supply), $9.8B total crypto/cash position

Filed June 29, 2026 · Period ending June 29, 2026 · ~1 min read

Key Changes

• high

  Bitmine holds 5.70M ETH tokens valued at $1,569 each (4.7% of total 120.7M ETH supply), plus 206 BTC, $180M in Beast Industries, $74M in Eightco Holdings, and $555M cash/marketable securities, totaling $9.8B in holdings.

  Exhibit 99.1 view on EDGAR →
• high

  Company has staked 4.88M ETH ($7.7B) through MAVAN platform, representing 85% of holdings, generating projected annualized staking revenues of $211M at current 2.75% 7-day yield.

  Exhibit 99.1 view on EDGAR →
• high

  Added to Russell 1000 Large-cap Index on June 26, expected to bring hundreds or thousands of institutional investors as passive funds/ETFs typically represent 18-20% of shares.

  Exhibit 99.1 view on EDGAR →