Bitmine Immersion Technologies (NASDAQ: BMNR), the publicly traded company holding the most Ethereum globally, has again increased its holdings by 42,197 ETH, worth approximately $74 million. Bitmine Chairman Tom Lee cited prediction market data, stating that the probability of the Digital Asset Market Clarity Act (CLARITY Act) passing has risen to nearly 50%.
Bitmine Adds Another 42,197 ETH, Worth Approximately $74 Million
According to Bitmine's official statement, the company recently added another 42,197 ETH, worth approximately $74 million. As of the time of reporting on July 8, 2026, Bitmine's total Ethereum holdings have exceeded 5.7 million ETH, accounting for 4.8% of the circulating supply of Ethereum, making it the publicly traded company with the largest ETH holdings globally.
Among publicly traded crypto reserve companies, Bitmine ranks second only to Strategy, which holds 847,363 BTC. In the same period, Strategy sold 3,588 BTC last week, cashing out $216 million, contrasting the strategic directions of the two.
Asset Structure as of June 28: Total Crypto and Cash Value Reaches $11.1 Billion
According to Bitmine's asset disclosure as of June 28, 2026, the total value of crypto and cash held by the company reached $11.1 billion, with the specific composition as follows:
Ethereum (ETH): Over 5.7 million tokens, valued at $1,800 per token
Bitcoin (BTC): 206 tokens
Cash and Marketable Securities: $527 million
Equity Investments: Holdings in Beast Industries and Eightco Holdings
Tom Lee: Probability of CLARITY Act Passage Rises to 50%
According to a public statement from Bitmine Chairman Tom Lee, the main reason Ethereum's recent gains have outperformed Bitcoin is market optimism over a shift in the U.S. regulatory framework. Tom Lee cited prediction market data, noting that the probability of the Digital Asset Market Clarity Act (CLARITY Act) passing has risen to nearly 50%, a two-week high.
He stated, "We believe regulatory clarity is a major milestone that will benefit the entire crypto market, especially smart contract platforms like Ethereum." As of the time of reporting, ETH is trading around $1,770, up 10% over the past month, while Bitcoin has only risen 2% in the same period.
85% of Holdings Deployed in MAVAN Staking, Annual Staking Revenue Reaches $235 Million
According to Bitmine's official statement, the company has currently deployed 4,879,157 ETH (approximately 85% of total holdings) into its own staking platform, MAVAN. Its self-operated validator nodes have achieved an annualized yield of approximately 2.68% over the past 7 days, and the current annualized staking revenue has reached $235 million.
Tom Lee stated that once the staking volumes on the MAVAN network and from partners are fully operational, the company's annual staking revenue is expected to reach up to $277 million.
BMNR Stock Rises Over 3% After Disclosing Increased Holdings on July 6
According to Bitmine's official information, the company was officially added to the Russell 1000 Index on June 26, 2026. Tom Lee optimistically expects that after inclusion in a major index, the company will have the opportunity to attract more large institutional investors and passive fund allocations, further expanding its shareholder base.
After disclosing the latest increase in holdings on July 6, BMNR stock rose over 3% at one point, reflecting the market's positive response to the company's continued expansion of its Ethereum asset allocation and staking revenue model.
Frequently Asked Questions
How much ETH does Bitmine currently hold, and what is its share?
According to Bitmine's official statement, the company's total ETH holdings have exceeded 5.7 million tokens, accounting for 4.8% of the circulating supply of Ethereum, making it the publicly traded company with the largest ETH holdings. As of June 28, 2026, the total value of crypto and cash reached $11.1 billion.
What is Tom Lee's view on the CLARITY Act?
According to Tom Lee's public statement, he cited prediction market data indicating that the probability of the CLARITY Act passing has risen to nearly 50% (a two-week high), and he believes regulatory clarity will be an important milestone for the crypto market, especially for smart contract platforms like Ethereum.
What is the current status of Bitmine's staking revenue?
According to Bitmine's official information, approximately 85% (4,879,157 tokens) of ETH has been deployed to its own MAVAN platform, with self-operated validator nodes achieving a 7-day annualized yield of about 2.68%. The current annualized staking revenue is $235 million. After the full launch of the MAVAN network, annualized staking revenue is expected to reach up to $277 million.
