Bitmine announced $15.8 billion in cryptocurrency, cash and securities

Bitmine holds 4.9% of total ETH supply, reaching US$15.8 billion

Norwalk, Connecticut, September 14, 2026-- Bitmine Immersion Technologies, Inc. (New York Stock Exchange: BMNR)(hereinafter referred to as "Bitmine" or "Company"), a strategic digital asset management and infrastructure company focusing on long-term cryptocurrency accumulation, today announced that its total holdings in cryptocurrency, cash and marketable securities, and "Moonshots" have reached US$15.8 billion.

Core Position Data and Market Performance

As of 5:30 pm EST on September 13, 2026, the company's crypto asset positions include:

• Ethereum (ETH): 5,956,378 units, calculated based on Coinbase (Nasdaq: COIN) quoted prices, with a unit price of US$2,513. Bitmine holds 4.9% of the total ETH supply (122 million units).
• Bitcoin (BTC): 212 coins.
• Other strategic investments: include a $180 million stake in Beast Industries and a $98 million stake in Eightco Holdings (Nasdaq: ORBS). Among them, Eightco is one of the few listed stocks in the world that provides investors with indirect exposure to OpenAI.
• Cash and securities: Total US$549 million.

Bitmine ranks first in the world in terms of ETH holdings, making it the world's largest Ethereum treasury management company after Strategy Inc. (Nasdaq: MSTR). In addition, Bitmine has been the best-performing macro asset so far in the third quarter of 2026, outperforming the S & P 500 index by 5,866 basis points.

Views of Chairman Thomas "Tom" Lee

Thomas "Tom" Lee, Chairman of Bitmine, said: "The price ratio of ETH to BTC has risen to its highest level since January 30 this year and has established a new upward trend, breaking through the trend line formed since the peak of the COVID-19 epidemic. We believe this reflects Ethereum's strengthening status as a tokenized settlement layer on Wall Street and the market's growing recognition that Ethereum may play a key central role in managing agent-AI. What is impressive is that while global stock markets remain range-bound due to war risks and rising yields, the absolute price of ETH and its exchange rate against BTC remain strong."

Lee added: "As we enter the last month of the third quarter of the 2026 calendar year, ETH was the best-performing macro asset this quarter, outperforming the S & P 500 by 5,866 basis points through last Friday's data. In fact, the top three best-performing assets since June 30 are ETH, SOL and BTC. We believe that given the significant excess performance of cryptocurrencies relative to other macro assets so far in the third quarter of the calendar year, this will lay the foundation for institutions to increase their cryptocurrency holdings."

Analysis of Future Catalysts and Technology

Regarding future market dynamics, Lee pointed out: "As the final months of 2026 approach, we believe there are multiple positive catalysts. These include a vote on the CLARITY bill scheduled for mid-September. In addition, South Korean investors are once again buying cryptocurrencies and withdrawing funds from AI stocks. From our perspective, the four-year cycle will bottom out in the next few weeks. This lays the foundation for our expected large-scale institutional participation in cryptocurrency purchases in the final months of 2026, especially considering the downwind effects of tokenization and proxy artificial intelligence."

Tom DeMark, founder of DeMark Analytics and Capital Markets Advisor to Bitmine, expects ETH to rise sharply in the coming weeks. According to Tom DeMark's analysis,"In August, ETH fluctuated horizontally without a downward breakthrough, and the 12-day indicator expired, which means that the upward movement continues. We believe this further supports the continuation of the previous upward trend. We think that sharp one-day rally at the end of August may be a precursor to an upcoming rally."

MAVAN Pledge Network and Revenue Expectations

Bitmine has launched MAVAN (Made in America Validator Network), a top Ethereum pledge platform for institutional investors. Although MAVAN was originally developed to support Bitmine's own Ethereum treasury, it has now expanded to serve institutional investors, custodians and ecosystem partners seeking best-in-class pledge infrastructure.

As of September 7, 2026, the total number of ETH pledged by Bitmine is 5,067,309, with a value of approximately US$12.7 billion based on a unit price of US$2,513. "Bitmine has pledged more ETH than any other entity in the world. When Bitmine's ETH is fully pledged through MAVAN and its pledge partners, the annualized ETH pledge reward is expected to reach US$392 million (based on a 7-day BMNR yield of 2.62%)." Lee said.

He continued to explain: "Annualized pledge revenue is currently expected to be US$334 million. These 5.1 million ETH accounted for 85% of the 5.96 million ETH held by Bitmine. Bitmine's own pledge operations generated a 7-day yield (annualized) of 2.62%."

Continued buying record and institutional support

Lee emphasized: "In the past week, we have acquired 27,180 ETH units. Bitmine's record of unanimously purchasing cryptocurrencies is unmatched among any listed company in the world. Bitmine has been buying ETH every week since the launch of the Ethereum Treasury Strategy on June 30, 2025."

Bitmine has received support from top institutional investors including ARK's Cathie Wood, MOZAYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and individual investor Thomas "Tom" Lee to jointly support Bitmine's goal of obtaining 5% ETH supply.

Market Position and Liquidity

Bitmine is one of the most widely traded stocks in the United States. According to Fundstrat, as of September 11, 2026 (4-day average), the stock's average daily dollar trading volume was $924 million, ranking 98th among 5,704 listed stocks in the United States and among Intuit Inc. (97th), ahead of Verizon Communications (99th).

In addition, Bitmine was included in the Russell 1000 Large-Cap Index on June 26, 2026, and its Series A preferred shares are traded on the New York Stock Exchange under the symbol BMNP.

Important Event Announcement

Thomas Lee will deliver a keynote speech at the Korea Blockchain Week 2026 held at Walkerhill Hotels & Resorts in Seoul on September 30, 2026 at 11:20 a.m. The 25-minute keynote speech was an important part of Korea Blockchain Week, one of Asia's leading blockchain and digital asset conferences.

About Bitmine

Bitmine Immersion Technologies, Inc. (NYSE: BMNR) and its subsidiaries are a blockchain technology infrastructure company that covers institutional-level digital asset pledge and verification services, Bitcoin mining, and strategic digital asset management. As the world's largest Ethereum Treasury company, it implements innovative digital asset strategies for institutional investors and public market participants. The company provides institutional level pledge and verification infrastructure and generates revenue through Bitcoin mining activities. Bitmine strategically holds digital assets and uses the proceeds from these positions to support liquidity and capital formation. Since 2025, the company has expanded its blockchain infrastructure capabilities, including the development and deployment of its institution-level pledge and verification platform MAVAN. The company's activities also include investments in early blockchain opportunities ("high-risk potential investments") and ancillary mining, custody and consulting services.