finance
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.
May 18, 8:33 AM·1m read1 source
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Bitmine 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.
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