Bitmine Immersion Technologies ( NYSE : BMNR ) indicates that the company holds 6.02 million ETH tokens, with total encrypted assets and cash amounting to 17.4 billion US dollars.

The company stated that its holdings of ETH account for 4.9% of the total supply of ETH, which amounts to 122.1 million coins. Bitmine also indicated that it has completed 99% of its “5% alchemy” goal in just 15 months.

According to Bitmine, Tom Lee will deliver a keynote speech at Token2049 to be held in Singapore on October 7, 2026. The company also stated that Bitmine was included in the Russell 1000 index on June 26, 2026.

The company stated that its Series A preferred stocks are traded on the New York Stock Exchange, with the code BMNP.

As of October 4, 2026, Bitmine holds 5.067309 million ETH. Calculated at $2,726 per ETH, this is worth $13.8 billion. The company states that MAVAN (which includes Made, in, and America VAlidator Network) is a leading Ethereum staking platform for BMNR and institutional investors.

Bitmine also indicates that holding 117 million US dollars worth of Eightco ( NASDAQ : ORBS ) shares makes it one of the few listed companies in the world that allow investors to indirectly access OpenAI.

The company stated that the total value of its crypto assets, cash, tradable securities, and “moonshot” investments amounts to $17.4 billion, which includes 6.02 million ETH, $643 million in cash and tradable securities, as well as other crypto assets.

Bitmine indicates that the company has received support from a group of institutional investors, including ARK, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital under Cathie Wood, as well as private investors Thomas, Tom, and Lee. The goal is to hold 5% of the total ETH supply.

Bitmine is headquartered in Norwalk, Connecticut. The company stated that as of 18:30 on October 4, 2026 (Eastern Time), its crypto holdings included 6.016414 million ETH, valued at $2,726 per coin; 214 bitcoins; a stake of $180 million in Beast Industries; a stake of $117 million in Eightco Holdings ($NASDAQ : ORBS); and a total of $643 million in cash and tradable securities. Bitmine indicated that its ETH holdings accounted for 4.9% of the total supply of 122.1 million ETH.

"We believe that if crypto enters what we consider a bull market cycle, it is noteworthy that the stock price of Bitmine performed better than that of ETH during the bear market from 2025 to 2026. In the first nine months of 2026, ETH fell by 10%, while BMNR fell by 3%, outperforming by 731 basis points," said Bitmine, the chairman of Thomas. " Tom " Lee stated.

"We believe that the stock price performance of BMNR reflects the company's commitment to optimizing shareholder returns. We have achieved this through a number of actions, including conducting the largest-scale crypto treasury stock repurchase in history, with 21 million shares repurchased in 2026 alone," Lee added.

"It is noteworthy that ETH outperformed the S&P 500 index by 6832 basis points in Q3 2026, as this quarter faced significant macroeconomic headwinds, including a hawkish Federal Reserve, rising oil prices, increasing global bond yields, and tightening financial conditions overall. Since the beginning of this quarter, ETH has led by 6832 basis points, far outperforming other macro assets," stated Lee.

Tom Lee will also deliver a keynote speech at Token2049 held at Marina Bay Sands in Singapore at 10 a.m. on October 7th. This 20-minute speech is part of the Token2049 conference, which is known as the largest crypto conference in the world. For more information, please visit the Token2049 website.

Over the past week, we increased our holdings of ETH by 15,112 units. Bitmine continues to buy crypto assets on a consistent basis, and no other listed company in the world can compare with them. Since launching the ETH treasury strategy on June 30, 2025, Bitmine has been purchasing ETH every week, Lee stated.

Bitmine indicates that the latest information for the chairman from October 2026 will be released this week, with the title being Crypto bull underway — this cycle likely the largest.

The company stated that earlier in 2026, it launched MAVAN, which is an institutional-level staking platform. MAVAN was initially developed to support Bitmine's own Ethereum treasury, and later it was expanded to serve institutional investors, custodians, and ecosystem partners seeking top-tier staking infrastructure. A portion of ETH from Bitmine has already been staked on the MAVAN platform.

As of October 4, 2026, Bitmine has pledged a total of 5,067.309 million ETH, which is valued at $13.8 billion at a price of $2,726 per coin. Lee states: "The quantity of ETH pledged by Bitmine exceeds that of any other institution in the world. Calculated on a full scale—meaning all of ETH through MAVAN and its pledge partners—is expected to generate an annualized pledge reward of $431 million, assuming a 7-day yield of 2.63% for BMNR."

"The current annualized pledge income is estimated to be $363 million. These 5.1 million ETH represent 84% of the 6.02 million ETH held by Bitmine. The Bitmine's own pledge business has achieved an annualized yield of 2.63% over a period of 7 days," Lee continued.

According to Bitmine, the company is one of the most actively traded stocks in the United States. Based on data from Fundstrat, as of October 2, 2026, the average daily trading volume for this stock was 827 million US dollars, ranking it 125th among the 7,040 listed stocks in the US, situated after Bristol and Myers Squibb Co but before Schlumberger NV.

The company stated that its encrypted assets constitute the largest Ethereum treasury in the world and also represent the second-largest treasury position globally, second only to Strategy Inc. ( NASDAQ : MSTR ). The latter is said to hold 847,666 BTC, valued at approximately $78 billion. Bitmine claims to still be the largest ETH treasury in the world.

Bitmine Management believes that the impact of GENIUS Act in the United States and the Project Crypto of the U.S. Securities and Exchange Commission (SEC) on the financial services industry in 2026 could be as profound as the decision made by the United States to end the Bretton Woods system on August 15, 1971, and to abandon the peg of the dollar to gold. The company states that this event in 1971 spurred the modernization of Wall Street and gave rise to today's leading Wall Street institutions as well as the current financial and payment infrastructure, all of which have proven to be more valuable as investments than gold.

The following is the link to the chairman's speech:

For the 2025 fiscal year's annual performance conference and company introduction, please refer to:

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About Bitmine

Bitmine Immersion Technologies, Inc. (NYSE : BMNR) and its subsidiaries are a blockchain technology infrastructure company, with business covering institutional-level collateralization and verification services for digital assets, Bitcoin mining, as well as strategic management of digital assets. As a globally leading Ethereum treasury company, Bitmine adopts innovative digital asset strategies for institutional investors and participants in the public capital market. The company provides institutional-level collateralization and verification infrastructure to generate collateral rewards and verification income, and is also engaged in Bitcoin mining. Bitmine strategically holds digital assets and generates income from these assets to support liquidity and capital formation. Since 2025, the company has expanded its blockchain infrastructure capabilities, including the development and deployment of its institutional-level collateralization and verification platform MAVAN. The company's business also includes investments in early-stage blockchain projects ("moonshot" investments), as well as supplementary mining, hosting, and consulting services.

Forward-looking Statements Warning

This press release contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995, and the same applies after revision. Forward-looking statements include all statements that are not purely historical in nature and can typically be identified by words such as “expects”, “estimates”, “intends”, “plans”, “believes”, “anticipates”, “predicts”, “seeks”, “aims”, “may”, “will”, “shall”, “consider”, “thinks”, and similar expressions. This press release particularly contains forward-looking statements regarding the following matters: (i) the company’s goal of acquiring 5% of the total ETH supply (“5% Alchemy” plan); (ii) the company’s digital asset accumulation strategy and treasury strategy, including continuous weekly purchases of ETH as well as the company’s position as the world’s largest ETH treasury; (iii) the company’s staking business, including an estimated annualized ETH staking reward of approximately $431 million on a scale basis, as well as current estimated annualized staking income of approximately $363 million; (iv) the company’s expansion into institutional investors, custodians, and ecosystem partners; management’s views on the crypto market environment and the relative performance of the stock price compared to ETH; (v) the relative performance of ETH compared to the S&P 500 index and other macro assets; (vi) management’s belief that GENIUS Act and SEC Project Crypto will have a transformative impact on financial services; and (vii) statements related to the value of the company’s crypto, cash, tradable securities, and “moonshot” holdings.

These forward-looking statements involve significant risks and uncertainties, which may lead to substantial differences between actual results and those expressed or implied herein. Factors that may cause or contribute to such differences include: the extreme volatility and unpredictability of digital asset prices (including ETH and Bitcoin); the company's dependence on third-party prices and reported market values, which may fluctuate significantly; changes in market conditions that affect the trading prices and volumes of the company's securities; the company's ability to successfully execute its digital asset acquisition strategy and achieve its ETH accumulation targets (including the “5% Alchemy” target); the company's ability to finance business operations and MAVAN expansion; operational, security, and technical risks related to the company's staking and verification business, including network failures, cut-off events, cybersecurity vulnerabilities, and protocol changes; the risk of significant differences between actual staking earnings, rewards, and revenues and estimated values; competition in the digital asset treasury, staking, and related industries; the company's dependence on key personnel; regulatory developments affecting digital assets, blockchain technology, and staking activities, including the final passage, implementation, and interpretation of GENIUS legislation and other pending legislation; actions by SEC, CFTC and other regulatory authorities; risks associated with the company’s “moonshot” investments, including Eightco Holdings and Beast Industries; macroeconomic factors, including inflation, interest rates, mining, and overall economic conditions; changes to the Ethereum protocol; the performance of external service providers, exchanges, custodians, and staking partners; and other risk factors described in the documents submitted by the company to SEC.

The forward-looking statements in this press release are based on information available to management as of the date of issuance and reflect management’s current expectations, estimates, projections, opinions, and judgments regarding future events. Actual results may differ significantly from those expressed or implied in the forward-looking statements due to various factors, including those mentioned in the “Risk Factors” sections of the company’s 10-K annual report for the fiscal year ending September 30, 2025, the documents submitted to SEC on November 21, 2025, the quarterly 10-Q reports, and other documents submitted to SEC. These documents may be revised or updated from time to time. Copies of the aforementioned documents are available for review at www.sec.gov and https :// Bitminetech.io / investor-relations. The company reminds readers not to rely excessively on these forward-looking statements, which are only valid as of the date they are made. Except as required by applicable laws, Bitmine explicitly disclaims any obligation to update or revise any forward-looking statements.