Shareholders vote YES on all proposals, with 81% of voting shares voting in favor of proposal #2.
ETH staked by Bitmine stands at 1,838,003 and the MAVAN staking solution is on track to launch in the first quarter of 2026.
Bitmine now owns 3.48% of the ETH token supply, almost 70% of the way to ‘5% Alchemy’ in just 6 months.
Bitmine recently announced a $200 million investment in Beast Industries
Bitmine Crypto + Total Cash Holdings + “Moonshots” total $14.5 billion, including 4.203 million ETH tokens, total cash of $979 million, and other cryptocurrency holdings.
Bitmine leads its crypto treasury peers by both the speed of increase in crypto net asset value per share and the high trading liquidity of BMNR shares.
Bitmine is the 60th most traded stock in the US, trading $1.5 billion per day (5-day average)
Bitmine remains backed by a leading group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital, and personal investor Thomas “Tom” Lee to support Bitmine’s goal of acquiring 5% of ETH.
LAS VEGAS, Jan. 20, 2026 /PRNewswire/ — (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”), a Bitcoin and Ethereum networking company focused on accumulating cryptocurrencies for long-term investments, today announced Bitmine cryptocurrency holdings + total cash + “moonshots” totaling $14.5 billion.
As of January 19 at 5:00 pm ET, the Company’s cryptocurrency holdings consist of 4,203,036 ETH at $3,211 per ETH (Coinbase), 193 Bitcoin (BTC), a $22 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”), and total cash of $979 million. Bitmine’s ETH holdings represent 3.48% of the ETH supply (of 120.7 million ETH).
Bitmine invested $200 million in Beast Industries on January 15, 2026. This investment is expected to close this week and is not currently reflected in moonshots. Upon closing of the transaction, the company will initially carry Beast Industry’s investment at cost.
“Because MrBeast and Beast Industries are privately held, investors may not be aware of the tremendous reach of MrBeast,” said Thomas ‘Tom’ Lee, president of Bitmine. “Mr. Beast is the most viewed creator in the world and each of his bi-monthly videos gets ~250 million views, and consider that the Super Bowl gets 252 million views. Each of his videos is the equivalent of two monthly Super Bowls. Additionally, Mr. Beast’s content on YouTube has a usage score of 13.1, eclipsing Disney’s 9.7 and Netflix’s 8.7. In other words, his audience is 35% of all Disney media. and 50% larger than Netflix. This massive reach shows that MrBeast and Beast Industries are the leading content creator of our generation, with unparalleled reach and commitment to GenZ, GenAlpha and Millennials. Beast Industries is the largest and most innovative creator-led platform in the world, and we are strongly aligned around values, vision and long-term impact.
“Last week, we acquired 35,268 ETH,” Lee continued. “The price ratio of Ethereum to Bitcoin, or ETHBTC, has risen steadily since mid-October. In our view, this reflects investors’ recognition that tokenization and other use cases developed by Wall Street are being built on Ethereum. To appreciate the scale of Wall Street building on Ethereum, the Ethereum Foundation listed 35 examples of major financial institutions building on Ethereum in recent months on this website (https://institutions.ethereum.org/).”
Bitmine is also pleased to announce that all 4 proposals were approved by shareholders on January 15, 2026. Each of the 4 proposed measures received overwhelming support from shareholders. Proposal 2, the vote to increase authorized shares was approved with 81% of the votes cast “yes” and this represented 52.2% of the total shares outstanding voting in favor of this increase.
“We view the fact that 81% of votes cast favored increasing authorized shares, Proposal 2, as a message from Bitmine shareholders that they understand our ETH accumulation strategy. As we have said several times, we have not sold shares below mNAV nor do we intend to sell them,” Lee said.
“We appreciate the commitment and action of the Bitmine shareholder community. There are over 500,000 individual shareholders and over 52.2% of all outstanding shares voted ‘yes’. To me, this is a testament to the commitment and trust of our shareholders. We will continue to work hard to generate positive returns for shareholders,” Lee continued.
Bitmine published its January President’s Message today (link). This message is Mr. Lee’s presentation at the company’s 2026 annual meeting of shareholders on January 15, 2026 at the Wynn Encore Las Vegas.
As of January 19, 2026, Bitmine’s total staked ETH stands at 1,838,003 ($5.9 billion at $3,211 per ETH). This is an increase of 581,920 in the last week. This is a fraction of the 4.2 million ETH that Bitmine holds. The CESR (Composite Ethereum Staking Rate, managed by Quatrefoil) is 2.81%. Bitmine is currently working with 3 staking providers as the company moves towards introducing its commercial MAVAN (Made in America VAlidator Network) in 2026.
“Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine’s ETH is fully staked by MAVAN and its partners), the ETH staking fee is $374 million per year (using 2.81% CESR), or more than $1 million per day,” said Tom Lee. “We continue to advance our staking solution known as The Made in America Validator Network (MAVAN). This will be a ‘best-in-class’ solution offering secure staking infrastructure and will be deployed in early 2026,” Lee continued.
Cryptocurrency holding Bitmine reigns as the number one Ethereum treasury and the number two treasury globally, behind Strategy Inc. (MSTR), which holds 672,497 BTC valued at $61 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine is now one of the most traded stocks in the United States. According to Fundstrat data, the stock has traded average daily dollar volume of $1.5 billion (5-day average, as of January 9, 2026), ranking 60th in the US, behind American Express (59th) and ahead of Accenture (61st) among 5,704 US-listed stocks (statistics.com and Fundstrat research).
The GENIUS Act and the Securities and Exchange Commission’s (“SEC”) Project Crypto are as transformative for financial services in 2025 as the United States’ action on August 15, 1971 that ended Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic titans of Wall Street and today’s financial and payment avenues. These turned out to be better investments than gold.
The president’s message can be found here:
https://www.bitminetech.io/chairmans-message
The fiscal year 2025 results presentation and corporate presentation can be found here: https://bitminetech.io/relaciones-inversores/
Selected images from Bitmine’s annual meeting can be found here.
To stay informed, register at: https://bitminetech.io/contact-us/
About BitMine
Bitmine (NYSE AMERICAN: BMNR) is the world’s leading Ethereum treasury company, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of “the alchemy of 5%,” the company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities, including decentralized finance and staking mechanisms. The company will launch MAVAN (Made-in America Validator Network), a dedicated staking infrastructure for Bitmine assets, in the first quarter of 2026.
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Forward-looking statements
This press release contains statements that constitute “forward-looking statements.” Statements contained in this press release that are not purely historical are forward-looking statements that involve risks and uncertainties. This document specifically contains forward-looking statements regarding the progress and achievement of the Company’s objectives with respect to the acquisition and staking of ETH, the long-term value of Ethereum, the continued growth and advancement of the Company’s Ethereum treasury strategy and the benefits applicable to the Company. When evaluating these forward-looking statements, you should consider several factors, including Bitmine’s ability to keep up with new technologies and changing market needs; Bitmine’s ability to fund its current business, Ethereum treasury operations and proposed future businesses; the competitive environment of Bitmine’s business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in the forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine’s control, including those set forth in the Risk Factors section of Bitmine’s Form 10-K filed with the SEC on November 21, 2025, as well as all other filings with the SEC, as amended or updated from time to time. Copies of Bitmine’s SEC filings are available on the SEC website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
