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Bitmine Says Holdings Reach $11.8 Billion After Latest Ethereum Purchases

According to the company’s latest figures, Bitmine’s Ethereum holdings remain at 4.874 million ETH, with more than 3.33 million ETH staked and projected staking rewards now estimated at $310 million annually.

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Fact Check
The core claim is directly supported by the fetched PR Newswire release titled "Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.875 Million Tokens, and Total Crypto and Total Cash Holdings of $11.8 Billion," which states Bitmine’s ETH holdings reached 4.875 million tokens and total crypto plus cash holdings were $11.8 billion. The Odaily link traced upstream to the same PR Newswire announcement, further indicating that the media summaries were based on this primary source. I did attempt additional corroboration searches, but they did not return strong independent results in this run. So the claim is best assessed as likely true based mainly on the company-distributed primary release rather than broad external confirmation.
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Summary

Bitmine Immersion Technologies’ reported Ethereum holdings remain at 4,874,858 ETH, equal to 4.04% of total ETH supply, after adding 71,524 ETH last week. As of April 13, 2026, the company had staked 3,334,637 ETH worth about $7.4 billion using a reference price of $2,206 per coin. Bitmine said current annualized staking income stands at $212 million, while projected annualized staking rewards are estimated at $310 million. Earlier company figures also placed Bitmine’s broader crypto, cash and Moonshot Plan holdings at $11.8 billion, including cash, BTC, Eightco Holdings equity, and Beast Industries shares.

Terms & Concepts
  • ETH: The native token of Ethereum, used for network transaction fees, staking, and activity across the blockchain ecosystem.
  • staked ETH: ETH committed to Ethereum’s proof-of-stake system to help secure the network and earn rewards.
  • staking rewards: Returns earned by locking cryptocurrency in a proof-of-stake network in exchange for participating in transaction validation.