BitMine Immersion Technologies has released its latest weekly treasury update for March 16, 2026, reporting a total value of $11.5 billion across its cryptocurrency holdings, cash reserves, and strategic investments. The update reflects an increase from the $10.3 billion reported in the company’s previous weekly report.
Current Holdings Breakdown
According to the report, BitMine’s treasury currently includes the following assets:
- 4,595,562 Ethereum (ETH) valued at $2,185 per ETH
- 196 Bitcoin (BTC)
- $200 million stake in Beast Industries
- $83 million stake in Eightco Holdings (NASDAQ: ORBS) categorized as “moonshot” investments
- $1.2 billion in total cash reserves
These assets together bring the company’s combined holdings to approximately $11.5 billion as of March 16, 2026. Bitmine has 3,040,515 staked ETH, representing $6.6 billion at $2,185 per ETH. Bitmine now owns 3.81% of the ETH token supply.
Increase Compared With Previous Weekly Report
In its prior report dated March 9, 2026, BitMine disclosed total holdings of $10.3 billion across crypto assets, cash, and investments. The earlier report also noted that the company held 3.76% of the total Ethereum supply, which was estimated at 120.7 million ETH, as part of its ongoing accumulation strategy.
Comparison of the Two Reports
| Metric | March 9, 2026 | March 16, 2026 |
|---|---|---|
| Total Holdings | $10.3 Billion | $11.5 Billion |
| Ethereum Holdings | 4,534,563 ETH | 4,595,562 ETH |
| ETH Price Reference | $1,965 | $2,185 |
| Bitcoin Holdings | 195 BTC | 196 BTC |
| Beast Industries Investment | $200 Million | $200 Million |
| Eightco Holdings Investment | $14 Million | $83 Million |
| Cash Reserves | $1.2 Billion | $1.2 Billion |
Ethereum Holdings Continue to Grow: The latest report shows that BitMine increased its Ethereum holdings to 4,595,562 ETH, compared with 4,534,563 ETH in the previous update. Bitcoin holdings also rose slightly from 195 BTC to 196 BTC.
Bitmine also reported purchasing 60,999 ETH over the past week, increasing its total Ethereum holdings to 4,595,562 ETH as of March 16, 2026.
Additionally, the company’s stake in Eightco Holdings increased from $14 million to $83 million, while its $200 million investment in Beast Industries and $1.2 billion cash reserve remained unchanged. The March 16 report reflects the company’s updated treasury position for the current week across its crypto assets, cash reserves, and strategic investments.
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