Financial Milestones and Strategic Investments
LAS VEGAS, Jan. 20, 2026 /PRNewswire/ — (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”), a Bitcoin and Ethereum Network Company focused on accumulating crypto for long-term investment, today announced its crypto, total cash, and “moonshots” holdings now total $14.5 billion.
As of January 19th at 5:00pm ET, the Company’s crypto holdings include 4,203,036 ETH valued at $3,211 per ETH (Coinbase), 193 Bitcoin (BTC), a $22 million stake in Eightco Holdings (NASDAQ: ORBS) designated as “moonshots,” and total cash reserves of $979 million. Bitmine’s current ETH holdings represent 3.48% of the total ETH supply, which stands at approximately 120.7 million ETH.
Bitmine recently made a significant investment of $200 million into Beast Industries on January 15, 2026. This transaction is expected to close within the current week and is not yet reflected in the “moonshots” portfolio. Following the closing, the Beast Industries investment will initially be recorded at cost.
Strategic Insights from Chairman Thomas Lee
“Because MrBeast and Beast Industries are privately held, investors may not be aware of the tremendous reach of MrBeast,” said Thomas ‘Tom’ Lee, Chairman of Bitmine. “Mr. Beast is the most widely watched creator in the World and each of his bi-monthly videos garner ~250 million views, and consider the Super Bowl garners 252 million views. Each of his videos is the equivalent of two Super Bowls monthly. Moreover, Mr. Beast YouTube content has a usage score of 13.1, dwarfing Disney’s 9.7 and Netflix’s 8.7. In other words, his audience is 35% than all of Disney’s media and 50% larger than Netflix. This massive reach shows MrBeast and Beast Industries is the leading content creator of our generation, with a reach and engagement unmatched with GenZ, GenAlpha and Millennials. Beast Industries is the world’s largest and most innovative creator-led platform, and we’re strongly aligned around values, vision, and long-term impact.”
“In the past week, we acquired 35,268 ETH,” continued Lee. “Ethereum’s price ratio to Bitcoin, or ETHBTC, has been steadily climbing since mid-October. In our view, this reflects investors recognizing tokenization and other use cases being developed by Wall Street are being built on Ethereum. To appreciate the scale of Wall Street building on Ethereum, the Ethereum foundation listed 35 examples of major financial institutions building on Ethereum in just the past few months on this website (https://institutions.ethereum.org/).”
Stockholder Approval and Strategic Vision
Bitmine is pleased to report that all four proposals presented to stockholders on January 15, 2026, were passed with overwhelming support. Proposal 2, which sought to increase the number of authorized shares, received an affirmative vote from 81% of the votes cast, representing 52.2% of the total outstanding shares.
“We view the fact that 81% of votes cast favored increasing authorized shares, Proposal 2, is a message from Bitmine stockholders that they understand our accretive ETH accumulation strategy. As we have stated multiple times, we have not, nor intend to, sell shares below mNAV,” said Lee.
“We appreciate the engagement and action by the Bitmine stockholder community. There are over 500,000 individual stockholders and over 52.2% of all shares outstanding voted ‘yes.’ To me, this is a testament to the engagement and trust by our stockholders. We will continue to work hard to deliver positive stockholder returns,” continued Lee.
Bitmine also released its January Chairman’s message, which includes the presentation delivered by Mr. Lee at the company’s 2026 annual stockholder’s meeting held on January 15, 2026, at the Wynn Encore Las Vegas.
ETH Staking and MAVAN Development
As of January 19, 2026, Bitmine’s total staked ETH amounts to 1,838,003, valued at approximately $5.9 billion based on the $3,211 per ETH price. This represents an increase of 581,920 staked ETH in the past week. The Composite Ethereum Staking Rate (CESR), administered by Quatrefoil, currently stands at 2.81%.
Bitmine is actively collaborating with three staking providers as it progresses towards the launch of its commercial MAVAN (Made in America Validator Network) solution, scheduled for early calendar 2026.
“Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine’s ETH is fully staked by MAVAN and its staking partners), the ETH staking fee is $374 million annually (using 2.81% CESR), or greater than $1 million per day,” stated Tom Lee. “We continue to make progress on our staking solution known as The Made in America Validator Network (MAVAN). This will be the ‘best-in-class’ solution offering secure staking infrastructure and will be deployed in early calendar 2026,” continued Lee.
Market Position and Trading Liquidity
Bitmine’s crypto holdings position it as the number one Ethereum treasury globally and the second-largest global treasury overall, trailing only Strategy Inc. (MSTR), which holds 672,497 BTC valued at $61 billion. Bitmine remains the world’s largest holder of ETH in its treasury.
The company’s stock has become one of the most actively traded securities in the United States. According to Fundstrat data, Bitmine’s stock averaged a daily dollar volume of $1.5 billion (5-day average, as of January 9, 2026). This trading volume ranks it #60 among 5,704 US-listed stocks, placing it between American Express (rank #59) and Accenture (rank #61).
Industry Context and Future Outlook
The GENIUS Act and the Securities and Exchange Commission’s (“the SEC”) Project Crypto are poised to be as transformational to financial services in 2025 as the US decision on August 15, 1971, which ended the Bretton Woods system and the gold standard for the USD 54 years prior. That 1971 event catalyzed the modernization of Wall Street, leading to the creation of today’s iconic financial institutions and payment systems, which proved to be more advantageous investments than gold.
Additional Information and Resources
The Chairman’s message is available at: https://www.bitminetech.io/chairmans-message
The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be accessed at: https://bitminetech.io/investor-relations/
Select images from Bitmine’s Annual Meeting are available here.