Bitmine Hits $11.8B Holdings with 4.87M ETH (4% Supply)

Bitmine Immersion Technologies announced on April 13, 2026, total holdings of $11.8 billion, including 4,874,858 ETH valued at $2,206 per token, 198 BTC, $200 million in Beast Industries, $85 million in Eightco Holdings (ORBS) for OpenAI exposure, and $719 million cash. This ETH amount equals 4.04% of the 120.7 million total supply, achieved via aggressive accumulation including 71,524 ETH bought in the prior week, the largest weekly purchase since December 2025. Of holdings, 3,334,637 ETH worth $7.4 billion are staked, generating $212 million annualized revenue at 2.89% yield, exceeding the 2.73% industry rate, with full staking projected at $310 million.