As of October 18, 2026, Bitmine reports total crypto, cash, marketable securities and 'moonshot' holdings of $15.1 billion, including 6,041,481 ETH and $582 million in cash and securities. It has 5,067,309 ETH staked on its MAVAN platform, worth about $12 billion at $2,365 per ETH, and bought 12,535 ETH over the past week. Chairman Thomas Lee attributes recent crypto weakness to AI-stock selloffs, US-Iran tensions, US midterm uncertainty and rising bond yields, and argues that past declines with strong fundamentals have been attractive opportunities. The company holds 4.9% of the 122.1 million ETH supply and says full staking would yield about $369 million annually.
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ETHUSDTcryptoBitmine Immersion Technologiesstaking
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Related tickers and likely impact
ETH/USDT
▲ Likely positiveEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/18/2026 | 2,410.31 |
| Change that session | +0.31% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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