Ethereum holdings are the centerpiece as BitMine Immersion Technologies disclosed 5,770,038 ETH as of July 12, 2026, equal to 4.8% of the total 120.7 million ETH supply. The company also reported combined crypto, cash, marketable securities, and moonshot holdings totaling $11.3 billion. According to the firm, these figures frame both balance sheet scale and network participation.
To start, most of BitMine’s Ethereum is not idle. Approximately 4,917,189 ETH, or about 85% of its total ETH, is staked via its MAVAN platform and partners. The firm says this footprint is generating projected annualized staking revenues of $242 million based on a recent 7‑day annualized yield of 2.70%.
Meanwhile, Chairman Tom Lee said the firm has maintained a steady pace of accumulation throughout 2026. He added that BitMine acquired an additional 27,801 ETH in the past week, bringing the company 96% of the way to the “Alchemy of 5%” goal of owning 5% of all Ether. This milestone is positioned as a near‑term finish line.
Ethereum holdings and staking footprint
Importantly, the scale of staked Ethereum underscores BitMine’s operational emphasis on yield generation. The 85% staking share suggests a systematic approach to deploying ETH into validators through MAVAN and affiliated partners, according to the company’s figures.
By contrast, the remaining portion of its Ethereum appears to be held liquid, which may support treasury flexibility. However, the firm did not provide a detailed breakdown of non‑ETH assets within the $11.3 billion total, beyond grouping them as crypto, cash, marketable securities, and moonshots.
Additionally, the 2.70% 7‑day annualized yield used to model $242 million in annualized staking revenues is a snapshot figure. Therefore, the projection reflects conditions during the stated period and could vary with validator rewards and network dynamics. The company framed this estimate as aligned with its validator‑linked income model.
Furthermore, the company highlighted that staking via MAVAN ties accumulation to network participation. This approach aligns its treasury with validator economics while maintaining a sizable ETH reserve. The disclosed mix shows emphasis on both liquidity and staking yield.
Progress toward the ‘Alchemy of 5%’ target
As a result of ongoing purchases, BitMine reports it is near its ownership milestone tied to 5% of all ETH. The latest weekly addition of 27,801 ETH advances the firm’s accumulation strategy without detailing specific acquisition venues or timing. The reported 4.8% holding implies proximity to the 5% benchmark.
Notably, the company’s statement centers on percentage‑of‑supply positioning rather than market or price commentary. This framing emphasizes ownership share over near‑term pricing dynamics. The goal is presented as a strategic threshold within its Ethereum holdings plan.
Moreover, operational details such as validator counts, node distribution, or partner specifics were not included in the figures provided. Therefore, external observers may need further disclosures to assess geographic or infrastructure concentration risks. The company focused primarily on totals, staking share, and the accumulation path.
In addition, the $11.3 billion figure provides context for BitMine’s overall balance sheet breadth. The disclosure groups assets across digital and traditional categories, though the company did not break out individual line items or valuations beyond the ETH count and staking metrics. This leaves room for future clarification on asset composition.
For readers seeking additional business context around institutional crypto accumulation, see reporting from TokenPost on related developments: TokenPost. However, the specifics cited here derive from the company’s stated metrics and quotations attributed to Chairman Tom Lee.
Overall, the disclosed Ethereum holdings, the sizable staked proportion, and the annualized revenue estimate collectively outline BitMine’s current position. According to the company, these figures capture both its accumulation cadence and its validator‑linked income during the measured period. The emphasis on nearing 5% ownership complements its staking revenue model and treasury posture.