Bitmine Immersion boosts ETH position by 65,341 tokens, holdings top 4.66M ETH

March 23 — Bitmine Immersion Technologies (NYSE American: BMNR) said it added 65,341 Ether (ETH) over the past week, well above its prior weekly pace of roughly 45,000–50,000 ETH, according to PR Newswire. The company's total ETH holdings have risen to 4,660,903 ETH, equivalent to about 3.86% of Ethereum's total supply. Bitmine said it aims to increase that share to 5%. As of March 22, Bitmine reported holding about $6.5 billion in ETH, based on an ETH price of $2,072. It also holds 196 BTC, roughly $200 million in Beast Industries, $95 million in Eightco Holdings (ORBS) equity, and about $1.1 billion in cash. Combined crypto assets and cash total approximately $11 billion. Bitmine has staked around 3.14 million ETH, generating about $184 million in annualized staking income. The company plans to roll out its proprietary staking infrastructure, MAVAN, in Q1 2026.