Bitmine Increases ETH Holdings Significantly, Acquiring Over 50,000 ETH Last Week

Bitmine Immersion (BMNR) has reported a substantial increase in its Ethereum (ETH) holdings, reaching a total of 4,473,587 ETH as of March 2, 2026 (UTC+8). This represents an approximate value of $8.84 billion, based on the current price of $1,976 per ETH.

The company's strategic acquisition last week alone added 50,928 ETH to its reserves. A significant portion of these holdings, 3,040,483 ETH (valued at approximately $6 billion), has been staked.

Cumulatively, Bitmine's digital assets, including cash and "moonshots," are valued at around $9.9 billion, with approximately $868 million held in cash.

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