Bitmine Immersion Technologies (BMNR) announced that its ETH positions reached 5.81 million, with to

Bitmine holds a 4.8% share of the total supply of Ethereum, with a total of 120.7 million pieces.

In just 14 months, Bitmine is close to achieving the "5% alchemy" goal, with a completion rate of 96%.

In July, Ethereum outperformed the Nasdaq 100 Index by 2500 basis points, the largest gap since July 2025, reflecting the continued strengthening of cryptocurrency fundamentals.

In the past week, Bitmine has repurchased 3 million shares of common stock; since July 2026, the company has repurchased more than 19 million shares under a previously announced $4 billion share repurchase plan.

On June 26, 2026, Bitmine was included in the Russell 1000 Large-Cap Stock Index.

Bitmine's Series A preferred shares are listed on the New York Stock Exchange under the trading symbol BMNP.

Bitmine holds 5,067,309 pledged Ethereum units, valued at approximately US$9.8 billion at US$1928 each. MAVAN is the preferred Ethereum pledge platform for BMNR and institutional investors.

Bitmine holds a US$69 million stake in Eightco (Nasdaq: ORBS), which is currently one of the few publicly traded companies in the world that provides investors with the opportunity to invest indirectly in OpenAI.

Bitmine's total value of crypto assets, cash and marketable securities, and "moon landing" investments reaches US$11.6 billion, including 5.81 million Ethereum pieces, US$104 million in cash and marketable securities, and other crypto assets.

Bitmine still has support from top institutional investors including ARK's Casey Wood, MOZAYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and individual investor Thomas "Tom" Lee to support its goal of acquiring 5% Ethereum.

Norwalk, Connecticut, August 10, 2026

--Bitmine Immersion Technologies, Inc. (NYSE: BMNR), a Bitcoin and Ethereum network company that focuses on long-term investment accumulation in crypto assets, today announced that its total value of crypto assets, cash and marketable securities, and "Moon Landing" investments reached US$11.6 billion.

As of 6:30 pm EST on August 9, 2026, the company's crypto assets include: 5,805,238 Ethereum (Based on Coinbase's quote price of $1928 each), 209 bitcoins,$180 million worth of Beast Industries shares,$69 million worth of Eightco Holdings (NASDAQ: ORBS) shares ("Moon Moon Project" investment), and $104 million in cash and marketable securities. Bitmine's Ethereum holdings account for 4.8% of the total Ethereum supply (120.7 million units).

Bitmine Chairman Thomas "Tom" Lee said: "We are disappointed that the CLARITY bill failed to gain a Senate vote before its August recess, but financial markets seem more concerned about the recent slowdown in inflation and employment data. The probability of the Federal Reserve raising interest rates in September has dropped to 40% from 75% two weeks ago. We expect that the easing of the financial environment will become a positive factor for the crypto market. "

Li added: "Since Bitmine switched to the Ethereum treasury strategy on June 30 last year, Ethereum's significant monthly overperformance relative to Bitcoin has usually resulted in Bitmine's stock outperforming Ethereum in the following month. In July, Ethereum outperformed Bitcoin by 1100 basis points, similar to the situation in July 2025, December 2025, and March 2026. Under these circumstances, Bitmine's shares achieved strong overperformance against Ethereum in the following two months. "

Li continued: " We still believe that Bitmine's common stock is undervalued. The company has repurchased 3 million shares in the past week. Since early July, the total number of common stock repurchased has exceeded 19 million shares. The repurchase remains the largest stock repurchase ever by any Ethereum, Bitcoin or crypto digital asset treasury company. "Since July 1, 2026, Bitmine has repurchased 19.1 million shares of common stock under the previously authorized US$4 billion share repurchase program.

Li said: "In the past week, we have acquired 7391 Ethereum units. Bitmine has been buying Ethereum every week since it launched its Ethereum treasury strategy approximately 14 months ago, on June 30, 2025. "

On July 16, 2026, Bitmine released its latest chairman's speech for July 2026. The title of the speech was "Ethereum is a good medicine to cure the valley of terror of wealth."

Earlier in 2026, Bitmine launched MAVAN, an institutional pledge platform. Although MAVAN was originally developed to support Bitmine's own Ethereum treasury, it plans to expand its services to support institutional investors, custodians and ecosystem partners seeking top-level pledge infrastructure. Part of Bitmine's Ethereum has been pledged on the MAVAN platform.

As of August 9, 2026, the total amount of Ethereum pledged by Bitmine reached 5,067,309 pieces (valued at approximately US$9.8 billion based on US$1928 each piece). "Bitmine has pledged more Ethereum than any other entity in the world," Li said. After reaching scale (i.e., when Bitmine's Ethereum is fully pledged by MAVAN and its pledge partners), the annualized Ethereum pledge reward is expected to reach US$294 million (calculated based on a 7-day BMNR yield of 2.63%). "

Li added: " The current estimated annualized pledge income is US$257 million. These 5.1 million Ethereums account for 87% of the 5.81 million Ethereums held by Bitmine. Bitmine's own pledge business achieved a 7-day annualized rate of return of 2.63%. "

Bitmine's crypto asset holdings rank first in the world's Ethereum treasury and second in the world's total treasury, behind Strategy Inc., The company reportedly holds 842,138 bitcoins worth approximately US$59 billion. Bitmine remains the world's largest repository of Ethereum.

Bitmine management believes that the transformative impact of the GENIUS Act and the U.S. Securities and Exchange Commission's "Crypto Project" on the financial services industry in 2026 is comparable to the move of the United States to end the Bretton Woods system 54 years ago, on August 15, 1971. The events of 1971 were a catalyst for Wall Street's modernization, creating today's iconic Wall Street giants and financial and payments infrastructure. These assets have proven to be better investments than gold.