Bitmine Reports $12.6 Billion in Crypto Holdings and Cash
Bitmine Immersion Technologies announced total holdings of $12.6 billion as of May 17, 2026. The company holds 5,278,462 ETH valued at $11.32 billion along with cash and other assets.
cointelegraph.comBitmine Immersion Technologies, Inc. 6 billion as of May 17, 2026. 32 billion at $2,191 per ETH. Bitmine also reported 202 Bitcoin, a $200 million stake in Beast Industries, an $83 million stake in Eightco Holdings (NASDAQ: ORBS), and $685 million in cash.
3 billion. The company noted this amount exceeds the staked ETH of any other entity. The company acquired 71,672 ETH in the week ending May 17, 2026. 7 million coins.
"Tom" Lee stated the CLARITY Act cleared the Senate Banking Committee last week and will move to a full Senate vote later this year. Lee said the legislation provides regulatory clarity for the crypto industry. U.S. listed equities. The company said it remains supported by institutional investors including ARK's Cathie Wood, Founders Fund, Pantera, and Kraken.
Key Facts
Story Timeline
4 events- May 17, 2026
Bitmine reported total holdings of $12.6 billion including 5.28 million ETH.
1 source@lookonchain - May 11, 2026
Bitmine released its latest Chairman's Message for May 2026.
1 source@lookonchain - April 9, 2026
Bitmine uplisted to the New York Stock Exchange from NYSE American.
1 source@lookonchain - Week ending May 17, 2026
Bitmine acquired 71,672 ETH for $153.66 million.
1 source@lookonchain
Potential Impact
- 01
Bitmine's staking operations could generate $324 million in annual rewards once fully deployed.
- 02
The CLARITY Act may provide a regulatory framework for crypto companies if passed by the Senate.
- 03
High trading volume in BMNR stock may continue if institutional interest remains steady.
Transparency Panel
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