Bitmine Immersion Technologies held 5,956,378 ETH as of Sept. 13, representing 4.9% of Ethereum's stated 122 million-token supply and 98% of the company's Alchemy of 5% goal. The company said it acquired 27,180 ETH in the latest week and has bought Ether weekly since launching its ETH Treasury Strategy on June 30, 2025. Bitmine valued its total cryptocurrency, cash, marketable securities and moonshot investments at $15.8 billion, including 212 Bitcoin, a $180 million stake in Beast Industries, a $98 million investment in Eightco Holdings and $549 million in cash and marketable securities. Its ETH holdings were valued at about $15 billion using a price of $2,513 per token. The company had 5,067,309 ETH staked as of Sept. 7, equal to about 85% of its Ether holdings and valued at $12.7 billion. Bitmine reported a 2.62% seven-day annualized staking yield and estimated current annualized staking revenue of $334 million, rising to $392 million if all its ETH were staked through MAVAN and its partners. Chairman Tom Lee said ETH had been the best-performing macro asset in the third quarter of 2026 through the preceding Friday, outperforming the S&P 500 by 5,866 basis points. He also pointed to a strengthening ETH/BTC ratio and potential catalysts including the CLARITY Act vote, tokenization and agentic artificial intelligence. Tom DeMark, Bitmine's capital markets adviser, forecast a strong ETH advance in the coming weeks based on August trading patterns. Bitmine said MAVAN, or Made in America Validator Network, is an institutional Ethereum staking platform serving its treasury and potentially institutional investors, custodians and ecosystem partners. Tom Lee is scheduled to deliver the keynote at Korea Blockchain Week 2026 in Seoul on Sept. 30. Bitmine was added to the Russell 1000 Large-cap Index on June 26, while its Series A preferred shares trade on the NYSE under BMNP.