TechFlow News, June 22: Bitmine Immersion Technologies (NYSE: BMNR) disclosed its latest asset position, reporting as of June 21 holdings of 5,672,956 ETH, 205 BTC, and approximately $601 million in cash and marketable securities, for a total asset value of roughly $10.7 billion.
Tom Lee, Chairman of the company, stated that Bitmine acquired an additional 52,203 ETH over the past week and plans to maintain a steady accumulation pace through 2026. Bitmine’s current ETH holdings represent approximately 4.7% of Ethereum’s total supply, solidifying its position as the world’s largest ETH reserve holder.
Additionally, 4.719 million ETH held by Bitmine are staked—over 83% of its ETH holdings—with an estimated annual staking income of approximately $223 million at current yield rates.
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