Bitmine Immersion Technologies said its cryptocurrency holdings, cash, marketable securities and moonshot investments totaled $17.1 billion as of September 20, 2026. The portfolio included 5,983,940 ETH valued at $2,688 per token, 212 BTC, a $180 million stake in Beast Industries, a $105 million position in Eightco Holdings (NASDAQ: ORBS), and $714 million in cash and marketable securities. Bitmine said its ETH holdings represented 4.9% of the total 122.1 million ETH supply and that 5,067,309 ETH, or 85% of its ETH holdings, was staked. The company operates MAVAN (Made in America VAlidator Network), an institutional Ethereum staking and validation platform. Bitmine said annualized staking revenue was estimated at $357 million, while fully staking its ETH through MAVAN and partners could generate about $421 million annually, based on a 2.62% seven-day annualized BMNR yield. President Thomas Tom Lee said ETH had outperformed the S&P 500 by 6,519 basis points during the third quarter of 2026 to date and predicted that institutional crypto exposure could increase during the final three months of the year. Those statements, along with the companys accumulation targets and regulatory outlook, are forward-looking and subject to market, operational and regulatory risks.