Key points to remember:
- Bitmine reached $13.1 billion in assets on May 3, 2026, including $5.18 million ETH and 200 Bitcoin.
- Ranked as the second largest global treasury, Bitmine now trades $625 million per day, outpacing companies like DoorDash.
- Thomas Lee expects passage of the CLARITY Act in 2026 to boost agentic AI commerce and ETH staking growth.
Ethereum dominates holdings
Bitmine Immersion Technologies announcement on May 4, that his total assets, including cryptocurrencyliquidity and strategic investments reached $13.1 billion. This announcement comes a few weeks after the company’s listing on the New York Stock Exchange on April 9.
As of May 3, Bitmine reported cash consisting of 5,180,131 ETH—representing approximately 4.29% of total global supply—and 200 bitcoin. At an assessment of $2,336 per ETHthe company’s Ethereum holdings alone are valued at approximately $12.1 billion. The company also disclosed $700 million in cash and $283 million in “moonshot” investments, including stakes in Beast Industries and Eightco Holdings.
Bitmine President Thomas Lee called the current market the start of a “ Cryptocurrency Spring”, citing the potential adoption of CLARTÉ law in the US Senate as the main catalyst. The bill, which was recently compromised in the text, aims to regulate stable coin returns while enabling activity-based rewards.
“This compromise is largely acceptable to us,” Lee said in a statement, emphasizing that prediction markets now show more than a 60% chance the bill will pass in 2026.
Lee emphasized that ETH increasingly serves as both a store of value and a unit of exchange, particularly in a context of geopolitical instability. Since the start of the war in Iran, Lee noted: ETH outperformed the S&P 500 by 1,380 basis points.
Over the past week, Bitmine has acquired an additional 101,745 users. ETH. The company also expanded its technical infrastructure through the Made in America Validator Network (MAVAN), an institutional-grade network. staking platform. Bitmine has already staked 4,362,757 ETH—about 84% of its total assets — generating an annualized figure staking revenues of $297 million.
The company’s data indicates that Bitmine now holds the largest Ethereum treasury in the world and the second largest global treasury. cryptocurrency treasury, behind only the strategy, which holds Bitcoin valued at $64.2 billion.
The company’s shares reached a high level liquiditywith an average daily dollar volume of 625 million dollars. According to Fundstrat data, Bitmine currently ranks as the 173rd most traded stock in the United States, between Cheniere Energy and Doordash.
Bitmine surpasses 5 million ETH and pushes 4.21% of total supply towards the 5% target
Bitmine Immersion Technologies now holds 5,078,386 ETH, crossing the 5 million token threshold and increasing its share of the total…
Bitmine surpasses 5 million ETH and pushes 4.21% of total supply towards the 5% target
Bitmine Immersion Technologies now holds 5,078,386 ETH, crossing the 5 million token threshold and increasing its share of the total…
Bitmine surpasses 5 million ETH and pushes 4.21% of total supply towards the 5% target
Bitmine Immersion Technologies now holds 5,078,386 ETH, crossing the 5 million token threshold and increasing its share of the total…
