Bitmine increased its holdings by 60,976 ETH in the past week, with a total crypto and cash holdings reaching $10.3 billion.

DeepFlowTech · 2026-03-09T12:56:32+00:00

Bitmine Immersion Technologies announced that as of March 9, 2026, the company's total cryptocurrency and cash holdings reached $10.3 billion, with 4.535 million ETH valued at approximately $8.9 billion, achieving 75% of the target. The chairman stated that they have recently increased their ETH holdings and believe that ETH prices are about to bottom out.

DeepFlowTech

2026-03-09 12:56:32

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Deep Tide TechFlow News, March 9, According to PR Newswire, Bitmine Immersion Technologies (NYSE: BMNR) announced that as of March 9, 2026, the company’s total cryptocurrency and cash holdings have reached $10.3 billion.

As of March 8, 2026, the company holds 4.535 million ETH, valued at approximately $1,965 per ETH, totaling about $8.9 billion, accounting for 3.76% of the total ETH supply on the Ethereum network, about 75% of the company’s goal to hold 5% of the network’s ETH. Of these, 3.04 million ETH have been staked, generating an annualized staking income of approximately $174 million.

Chairman Tom Lee stated that in the past week, the company purchased an additional 60,976 ETH, higher than the previous weekly average of 45,000 to 50,000 ETH, and believes that ETH prices are at the end of the “crypto winter,” with the bottom likely forming between March 8 and 14.

ETH3.04%

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