#1 ETH Company#69 BTC Company🇺🇸United States

Bitmine Immersion Technologies

www.bitminetech.io

Bitmine Immersion Technologies is a Treasury Company that holds ETH as its main reserve asset, stakes it through its MAVAN validator network, and also holds BTC.

Treasury Company

Technology

NYSE:BMNR

ETH holdings: 6,001,302
Cost Basis: —
Average cost / ETH: —
Change since start of year: +2,264,162 ETH

BTC holdings: 213
Cost Basis: —
Average cost / BTC: —
Change since start of year: +20 BTC

Market Cap: $10.91B
Enterprise Value: $10.92B
mNAV: 0.88×
Holdings per Share (ETH): 0.009641 ETH
Holdings per Share (BTC): 34.22 sats

Balance sheet values as of May 31, 2026, basic shares as of Jul 9, 2026: 10-Q · Jul 14, 2026

Asset holdings

Latest reported holdings for each asset. Cost Basis is the reported total cost. It can include fees and staking income. It does not give the date or price of each Purchase.

Asset	Holdings	Cost Basis	As of	Sources
ETH	6,001,302	Not reported	Sep 27, 2026	8-K · Sep 28, 2026
BTC	213	Not reported	Sep 27, 2026	8-K · Sep 28, 2026

HoldingsETH vs USD value

6,001,302 ETH

$12.32B USD value · as of 2026-11-10

ETH Holdings (left)
USD Value (right)

ETH Reserve

6,001,302 ETH

Average Cost $3,517 / ETH

Holdings
Average Cost
Purchase (size = amount)
Sale (size = amount)

ETH historical holdings

Date	Change	Holdings	Cumulative cost	Average Cost	Sources
Sep 27, 2026	+584,357+10.79%	6,001,302	—	—	8-K · Sep 28, 2026
May 31, 2026	+943,486+21.09%	5,416,945	$19.05B	$3,517	10-Q · Jul 14, 2026
Feb 28, 2026	+736,319+19.7%	4,473,459	$16.97B	$3,794	10-Q · Apr 14, 2026
Nov 30, 2025	+1,862,213.2+99.32%	3,737,140	$14.95B	$4,001	10-Q · Jan 13, 2026
Aug 31, 2025	—	1,874,926.8	$7.43B	$3,961	10-K · Nov 21, 2025

Advanced metrics

Date	ETH holdings			Shares outstanding		ETH per share		Stock price	Market Cap		Financials
Date	Balance	Cost Basis	Value	Basic	Diluted	Basic	Diluted	Stock price	Basic	Diluted	Cash	Debt
Sep 27, 2026	6,001,302	—	$16.14B	603.2M	622.5M	0.009949	0.009641	$27.56	$16.62B	$17.16B	$340.29M	$0
May 31, 2026	5,416,945	$19.05B	$10.87B	603.2M	622.5M	0.00898	0.008702	$19.27	$11.62B	$12B	$340.29M	$0
Feb 28, 2026	4,473,459	$16.97B	$8.79B	—	—	—	—	$18.98	—	—	—	—
Nov 30, 2025	3,737,140	$14.95B	$11.18B	—	—	—	—	$33.12	—	—	—	—
Aug 31, 2025	1,874,926.8	$7.43B	$8.23B	—	—	—	—	$43.62	—	—	—	—

— means no value was disclosed or derivable for that date. Muted values are carried forward from an earlier disclosure.Stock prices are daily closes in USD at today's exchange rate.

HoldingsBTC vs USD value

213 BTC

$15.72M USD value · as of 2026-11-10

BTC Holdings (left)
USD Value (right)

BTC Reserve

213 BTC

Average Cost $109,473 / BTC

Holdings
Average Cost
Purchase (size = amount)
Sale (size = amount)

BTC historical holdings

Date	Change	Holdings	Cumulative cost	Average Cost	Sources
Sep 27, 2026	+10+4.93%	213	—	—	8-K · Sep 28, 2026
May 31, 2026	+8+4.1%	203	$22.22M	$109,473	10-Q · Jul 14, 2026
Feb 28, 2026	+2+1.04%	195	$21.6M	$110,764	10-Q · Apr 14, 2026
Nov 30, 2025	+1.3+0.68%	193	$21.38M	$110,777	10-Q · Jan 13, 2026
Aug 31, 2025	—	191.7	$20.86M	$108,832	10-K · Nov 21, 2025

Advanced metrics

Date	BTC holdings			Shares outstanding		BTC per share		Stock price	Market Cap		Financials
Date	Balance	Cost Basis	Value	Basic	Diluted	Basic	Diluted	Stock price	Basic	Diluted	Cash	Debt
Sep 27, 2026	213	—	$17.99M	603.2M	622.5M	0.0000003531	0.0000003422	$27.56	$16.62B	$17.16B	$340.29M	$0
May 31, 2026	203	$22.22M	$14.96M	603.2M	622.5M	0.0000003365	0.0000003261	$19.27	$11.62B	$12B	$340.29M	$0
Feb 28, 2026	195	$21.6M	$13.06M	—	—	—	—	$18.98	—	—	—	—
Nov 30, 2025	193	$21.38M	$17.44M	—	—	—	—	$33.12	—	—	—	—
Aug 31, 2025	191.7	$20.86M	$20.75M	—	—	—	—	$43.62	—	—	—	—

— means no value was disclosed or derivable for that date. Muted values are carried forward from an earlier disclosure.Stock prices are daily closes in USD at today's exchange rate.