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18 May 2026, 12:54

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.28 Million Tokens, and Total Crypto and Total Cash Holdings of $12.6 Billion

Bitmine owns more than 4.37% of the total ETH coin supply of 120.7 million Bitmine is 87% of the way to the 'Alchemy of 5%' in just 11 months Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains Bitmine uplisted to the New York Stock Exchange ("NYSE") from the NYSE American effective as of April 9, 2026 Bitmine has 4,712,917 staked ETH, representing $10.3 billion at $2,191 per ETH MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience Bitmine owns $83 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI Bitmine Crypto + Total Cash Holdings + "Moonshots" total $12.6 billion, including 5.28 million ETH tokens, total cash of $685 million, and other crypto holdings Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock Bitmine is the 133rd most traded stock in the US, trading $857 million per day (5-day avg) Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH NORWALK, Conn., May 18, 2026 /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash + "moonshots" holdings totaling $12.6 billion. The Company recently announced its uplisting to the New York Stock Exchange ("NYSE") from the NYSE American on April 9, 2026. The Company's common stock continues to trade under the symbol "BMNR". As of May 17, 2026 at 4:00pm ET, the Company's crypto holdings are comprised of 5,278,462 ETH at $2,191 per ETH (Coinbase NASDAQ: COIN), 202 Bitcoin (BTC), $200 million stake in Beast Industries, $83 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $685 million. Bitmine's ETH holdings are 4.37% of the ETH supply (of 120.7 million ETH). On May 11, 2026, Bitmine released the latest Chairman's Message ( link here ) for May 2026. The CLARITY Act cleared the Senate Banking Committee last week, and will move to the full Senate for a vote later this year. This proposed legislation provides the necessary regulatory framework for the crypto industry and properly defines decentralization, strengthens consumer protection and AML (anti-money laundering). "The CLARITY Act provides the necessary regulatory clarity for the crypto industry and Wall Street to build the next generation set of financial products and architecture." stated Thomas "Tom" Lee, Chairman of Bitmine. "There are still many steps and hurdles to overcome before the CLARITY Act becomes law. But we believe the probability of passage is higher than the 61% reflected on Polymarket.com ." "Over the past week, we acquired 71,672 ETH. We view the recent pullback of ETH to below $2,200 as an attractive opportunity. Bitmine is expected to reach the 'alchemy of 5%' sometime in 2026." stated Lee. Bitmine recently launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform. As of May 17, 2026, Bitmine total staked ETH stands at 4,712,917 ($10.3 billion at $2,191 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $324 million annually (using 2.80% 7-day BMNR yield)," stated Lee. "Annualized staking revenues are now $289 million. And this 4.7 million ETH is over 89% of the 5.28 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.80% (annualized)," continued Lee. Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 818,869 BTC valued at $64.1 billion. Bitmine remains the largest ETH treasury in the world. Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $857 million (5-day average, as of May 15, 2026), ranking #133 in the US, behind Applied Digital Corp (rank #132) and ahead of Capital One Financial Corp (rank #134) among 5,704 US-listed stocks ( statista.com and Fundstrat research). The GENIUS Act and Securities and Exchange Commission's (the "SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold. The Chairman's message can be found here: https://www.Bitminetech.io/chairmans-message The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/ To stay informed, please sign up at: https://Bitminetech.io/contact-us/ About Bitmine Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026. For additional details, follow on X: https://x.com/bitmnr https://x.com/fundstrat Forward Looking Statements This press release contains statements that constitute "forward-looking statements." The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding: (i) progress and achievement of the Company's goals regarding ETH acquisition, including the 'Alchemy of 5%' initiative and the long-term value of Ethereum; (ii) the Company's beliefs regarding Ethereum's performance relative to other assets, including its characterization as a "wartime store of value" and its performance during geopolitical events; (iii) the Company's expectations regarding the current state and future trajectory of the cryptocurrency market, including statements that ETH may be in the "final stages of the mini-crypto winter"; (iv) continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company; (v) the Company's share repurchase program, including statements regarding shares trading below intrinsic value, the Company's ability to accretively retire common shares, and the execution of repurchases through open market transactions; (vi) the Company's digital asset accumulation strategy and staking operations, including MAVAN, its expansion to serve institutional investors, custodians, and ecosystem partners, and projected annual staking revenues and rewards; (vii) statements regarding the benefits of Wall Street tokenization on the blockchain and agentic AI systems utilizing public blockchains; (viii) expectations regarding the potential impact of regulatory developments, including the GENIUS Act and SEC Project Crypto, on financial services and digital assets; and (ix) the Company's financial flexibility to support its treasury operations and expanded repurchase authorization. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations, share repurchase program, and proposed future business; the competitive environment of Bitmine's business; market conditions affecting the trading price of the Company's common stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; geopolitical events and their impact on cryptocurrency markets; the volatility and unpredictability of digital asset prices; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine's filings with the SEC are available on the SEC's website at www.sec.gov . Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

18 May 2026, 12:53

MSTR Stock Forecast: Strategy Buys 24,869 Bitcoin for $2B to Hit 843,738 BTC Holdings

Michael Saylor’s Strategy added 24,869 Bitcoin last week for about $2.01 billion, extending its role as one of the largest corporate holders of the digital asset. The company bought the Bitcoin at an average price of $80,985 per coin, including fees and expenses, according to a regulatory filing. The latest purchase lifted Strategy’s total Bitcoin holdings to 843,738 BTC as of May 17, 2026. The company said its aggregate purchase cost now stands at about $63.87 billion, equal to an average price of $75,700 per Bitcoin. Strategy also reported a BTC Yield of 12.6% year to date in 2026. The metric is used by the company to measure Bitcoin growth relative to its diluted share base. Strategy Funds Bitcoin Purchase Through ATM Sales The company said the acquisition was funded through proceeds from its at-the-market offering programs. Between May 11 and May 17, Strategy sold 19.95 million shares of STRC preferred stock, generating about $1.95 billion in net proceeds. During the same period, it also sold 430,344 shares of MSTR Class A common stock, raising about $83.7 million. Total net proceeds from the share sales reached about $2.03 billion, which was used to fund the Bitcoin purchase . Strategy still has a large remaining capacity under its ATM programs. The company reported available issuance of $26.3 billion for MSTR stock, $17.5 billion for STRC, $4.0 billion for STRD, $2.1 billion for STRK, and $1.6 billion for STRF. As we reported, Michael Saylor’s Strategy may purchase about $30 billion worth of Bitcoin in 2026 if it continues buying at its current pace, according to analysts at JPMorgan. MSTR Stock Falls as Balance Sheet Moves Continue MSTR stock was trading at $172.65, down 7.66%, after the company disclosed its latest Bitcoin purchase and financing activity. The stock continues to trade closely with Bitcoin price movements because of Strategy’s large crypto treasury. Concurrently, amid its Bitcoin buying spree, BlackRock has increased its position in Strategy during the first quarter of 2026, according to Bitcoin Treasuries data. The asset manager acquired an additional 3.14 million MSTR shares at a cost of about $535.6 million. The purchase raised BlackRock’s reported stake to 17.75 million MSTR shares, valued at about $3.02 billion. The latest addition represented a 21.5% increase in its holdings of the Bitcoin-focused company. At press time, Bitcoin was trading near $76,600, which was below Strategy’s latest purchase price of $80,985 per BTC, but above the company’s overall average acquisition price of $75,700. Strategy’s equity issuance has become a core part of its Bitcoin accumulation plan. The company has used common stock, preferred stock, and other securities to raise capital for additional Bitcoin purchases. This approach has kept investor attention on dilution, Bitcoin price volatility, and treasury growth. Meanwhile, as we reported , the company has also disclosed plans to repurchase about $1.5 billion in principal amount of its 0% Convertible Senior Notes due 2029 for an estimated $1.38 billion in cash.

18 May 2026, 12:52

XRPL Flips Ethereum in RWA Inflows

XRP Ledger begins to move past Ethereum in the fast-growing world of tokenization, surpassing a massive $1.5 billion in net flows while Ethereum stays in the red.

18 May 2026, 12:47

Strategy made mammoth $2 billion bitcoin purchase last week

Michael Saylor and team added 24,869 BTC last week, bringing total holdings to 843,738 coins.

18 May 2026, 12:41

Iran Reportedly Launches Bitcoin-Based Shipping Insurance for Hormuz Passage

Although there’s no clear resolution in sight for the ongoing war between the US and Iran, and the impact on crypto markets has been predominantly negative, new reports have doubled down that passage through the Strait of Hormuz could involve bitcoin. Citing new information from the semi-official Fars News Agency, Walter Bloomberg indicated that Iran has introduced a BTC-settled insurance service for vessels passing through the Hormuz. IRAN LAUNCHES BITCOIN-BASED SHIPPING INSURANCE FOR HORMUZ Iran has introduced a Bitcoin-settled insurance service for vessels passing through the Strait of Hormuz, according to the semi-official Fars News Agency. The “Hormuz Safe” system is reportedly designed to cover ships… pic.twitter.com/FyOmWL32Wz — *Walter Bloomberg (@DeItaone) May 18, 2026 This Hormuz Safe is designed to cover ships transiting the strategic waterway and could generate over $10 billion in revenue, some sources added. The Kobeissi Letter added that the service will be for “Iranian shipping companies and cargo owners.” The shipment will be covered from the moment of confirmation, and a signed receipt will be given to the owner, read the reports. Recall that previous reports from over a month ago claimed that Iran planned to charge passing ships with up to $2 million in bitcoin. The new update didn’t shed any light on that particular matter, as it remains unclear if the insurance service will be charged in addition to tolls. Bitcoin’s price reacted with an immediate surge after the previous report, and it’s already up by a grand since its local low charted earlier today. BTC now trades at $77,700 after it dipped below $76,600 earlier. The post Iran Reportedly Launches Bitcoin-Based Shipping Insurance for Hormuz Passage appeared first on CryptoPotato .

18 May 2026, 12:39

Strategy Grabs 24,869 BTC for $2.01B, Now Holds 843,738 Bitcoin Total

Strategy added 24,869 bitcoin to its treasury for approximately $2.01 billion, pushing its total holdings to 843,738 BTC as the company also moves to retire $1.5 billion in convertible debt. Strategy Crosses 843K BTC After $2 Billion Purchase and Convertible Note Buyback Michael Saylor announced the purchase on May 18, 2026, via X, noting an