Investors3
7日前
Better and Coinbase Celebrate the First Token-backed Mortgage Fund Backed by Fannie Mae, Announce Official Product Launch Date
June 04 2026 - 8:30AM
Business Wire
As homeownership slips further out of reach, Better and Coinbase show a new path is possible for qualified buyers to secure a mortgage using Bitcoin as collateral
Better Home & Finance Holding Company (NASDAQ: BETR), and Coinbase (NASDAQ: COIN), today announced the funding of the first Fannie Mae-backed mortgage backed by Bitcoin in the United States. The companies also confirmed plans to make the product available to qualified borrowers nationwide by Summer 2026.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260604894636/en/
First home purchased with Better and Coinbase's Bitcoin-backed mortgage.
In March 2026, Better and Coinbase announced plans to offer the first Fannie Mae-eligible token-backed mortgage. The product is designed to address the evolving financial profiles of modern homebuyers, based on how they store wealth and how the mortgage system has traditionally evaluated it. Initially supporting Bitcoin and USDC, the product allows borrowers to pledge digital assets as collateral, enabling them to secure a mortgage without liquidating their holdings. The companies plan to expand support to additional digital assets as the market matures.
At Better, 41% of pre-approved customers qualify on income and credit but do not have the cash for a traditional down payment. At the same time, the median age of first-time homebuyers in America reached a record high of 40 years old, driven by high mortgage rates, rising home prices, and limited inventory, according to the National Association of Realtors. That number is a sharp jump from the median age of 32 recorded in the same report a decade ago. Token-backed mortgages unlock housing accessibility and financing flexibility for the next generation of home buyers.
“The 30-year fixed mortgage was designed for a generation that kept its savings in a bank account and built equity through a single employer. That’s not the financial reality of millions of qualified buyers today that are building real wealth in digital assets,” said Vishal Garg, Founder and CEO of Better. “We’re excited to expand access to all qualified borrowers to fix an ongoing issue: buyers who qualify on every measure that matters but cannot clear the down payment hurdle because their wealth isn’t where the system expects to find it.”
The first loan was closed by Joe and Amy, a married couple in their early 30s in Ann Arbor, Michigan, who were preparing for the next chapter of their lives with a growing family. Joe, a software engineer, and Amy, a graduate student, had built meaningful savings in digital assets but faced the same obstacle that stops millions of qualified buyers: insufficient cash for a traditional down payment. Rather than liquidating their long-term Bitcoin position, incurring capital gains taxes, and forfeiting future upside, they pledged their crypto as collateral and successfully purchased their first home.
“Buying our first home has always been the goal, but I wasn’t willing to give up a decade of investing to get there,” said Joe, Better’s first token-backed mortgage customer. “With this mortgage, I didn’t have to choose. We closed on our home and my Bitcoin stayed intact. We didn’t have to liquidate, didn’t have to time the market, and didn’t have to start over financially to achieve our homeownership goals. That meant everything.”
Better selected Coinbase to power its token-backed mortgage offering because Coinbase is the most trusted crypto exchange in the U.S., with the security, compliance, and operational rigor required to bring a first-of-its-kind product to market responsibly. For many homebuyers, crypto represents a meaningful part of their financial picture, and Coinbase already serves as the trusted digital asset and infrastructure partner to millions of retail users, more than 150 government agencies, and over 300 institutional clients globally.
“At Coinbase, we believe that Bitcoin should do more than sit in a wallet. It should work for the people who hold it,” said Mark Troianovski, Head of Consumer & Platform Partnerships at Coinbase. “Funding the first token-backed conforming mortgage is one of the most tangible demonstrations of that vision that we have seen. Tens of millions of Americans have built real wealth in digital assets. That wealth now has a direct path to homeownership, creating new opportunities for the next generation of homebuyers.”
Through Better and Coinbase’s collaboration, eligible borrowers can use their crypto wealth toward homeownership through a product built on institutional-grade custody, compliance, and risk management infrastructure. Learn more at https://better.com/crypto-backed-mortgages.
ABOUT COINBASE
Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom in the world. The most trusted crypto platform, Coinbase stores more digital assets than any other company and is building the everything exchange — one place to access crypto, equities, derivatives, prediction markets, and more. Coinbase serves consumers through its suite of financial apps, institutions through Coinbase Prime, and developers through the Coinbase Developer Platform. Every experience runs on Coinbase's full-stack platform powering the future of finance: secure custody, deep exchange liquidity, stablecoin infrastructure, and global settlement rails — all built on a decade-plus foundation of security and compliance.
ABOUT BETTER HOME & FINANCE
Better Home & Finance Holding Company (NASDAQ: BETR) is the first AI-native mortgage and home equity finance platform, and first fintech to fund more than $110 billion in loan volume. Better has leveraged its industry-leading AI platform, Tinman®, to achieve its singular mission of making homeownership cheaper, faster, and easier for all Americans. Tinman® allows customers to see their rate options in seconds, get pre-approved in minutes, lock in rates, and close their loan in as little as three weeks. In addition, Betsy™, the first AI loan agent built exclusively for the mortgage industry, revolutionizes the homebuying journey by answering questions, delivering approvals, comparing products, processing rate locks, and moving their loan application along to closing 24/7/365. Better’s mortgage offerings include GSE-conforming mortgage loans, FHA and VA loans, and jumbo mortgage and home equity loans. Better serves customers in all 50 US states and the United Kingdom.
For more information, follow @betrmortgage on X and @betterdotcom on Instagram and TikTok.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260604894636/en/
For press and media related inquiries, please reach out to comms@better.com.
https://investorshub.advfn.com/stock-market/NASDAQ/coinbase-global-COIN/stock-news/98676483/better-and-coinbase-celebrate-the-first-token-back
Good idea! Hopefully, this helps more people to be able to purchase a home without liquidating their crypto investments; so they do not lose out on the long term appreciation of those assets, too!
Investors3
2週前
Expanding TRUST: a privacy-first network for global crypto compliance
By Coinbase
May 28, 2026
TRUST is growing globally. Today, we are announcing major milestones to make global, privacy-first Travel Rule compliance simpler: the launch of TRUSThub, continued international expansion, announcing BNY membership, and a partnership with 21 Analytics to accelerate global connectivity.
What is TRUST and why it matters
Since its inception, TRUST (Travel Rule Universal Solution Technology) has been guided by one principle: meaningful Travel Rule compliance must be collaborative, global, and privacy-first.
TRUST is an industry-led network that enables Virtual Asset Service Providers (VASPs) to securely exchange Travel Rule information directly with verified counterparties—without creating a centralized store of sensitive data. Today, TRUST connects hundreds of VASPs across dozens of countries.
Introducing TRUSThub
We’re excited to launch TRUSThub, an extension of the core TRUST Solution designed to simplify integration and expand secure connectivity. TRUSThub allows members to exchange Travel Rule data with counterparties worldwide, regardless of the Travel Rule tools they otherwise use (if any). Built on TRUST’s privacy-first, peer-to-peer model, TRUSThub broadens counterparty coverage, helping to bridge “sunrise” gaps as jurisdictions phase in Travel Rule implementation. TRUSThub also simplifies the process for integrating into TRUST, allowing VASPs to more quickly use the TRUST network to quickly share Travel Rule information across the world.
International Expansion
TRUST continues to scale globally, expanding membership across the EU, UK, Australia, India, Brazil, US, Canada, Hong Kong, Japan, Switzerland, UAE, and other key markets. TRUST’s global connectivity enables VASPs to transact with counterparties worldwide in a compliant, secure manner, while seamlessly navigating cross-border differences in thresholds and data requirements.
Announcing BNY
We’re pleased to announce BNY's membership in the TRUST network. As a leading global financial services company, BNY strengthens our expansive roster of banks, VASPs, and other major financial institutions worldwide, and their participation underscores the industry's alignment around Travel Rule compliance that doesn't sacrifice privacy or security. BNY joins the ranks of other prominent crypto leaders using TRUST, including Bitgo, OKX, Revolut, Anchorage, BitGo, Circle, Coinbase, Crypto.com, Fidelity Digital Assets, Gemini, Kraken, OKX, Revolut, PayPal, Paxos, and many more.
Partnership with 21 Analytics
To streamline integration efforts, TRUST has partnered with 21 Analytics, a leading provider of Travel Rule automation software. This collaboration makes it faster and easier for VASPs using 21 Analytics to join TRUST—simplifying integration and letting them leverage existing workflows to exchange Travel Rule data through TRUST’s privacy-preserving design. 21 Analytics also offers tools to seamlessly verify ownership of self-hosted wallets. We’re excited to team up to help more VASPs worldwide meet their Travel Rule obligations and accelerate the adoption of secure, compliant crypto transfers.
What’s next
We remain committed to investing in interoperability, security, and ease of adoption—working with members, regulators, and technology partners to make Travel Rule compliance straightforward and privacy-preserving.
Get involved
* Regulated institutions and VASPs can contact us to learn more about membership.
* Existing members: Request access to TRUSThub to streamline your operations.
* Technology providers: Reach out to explore partnership opportunities.
https://www.coinbase.com/blog/expanding-trust-a-privacy-first-network-for-global-crypto-compliance
US Market News
1月前
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.21 Million Tokens, and Total Crypto and Total Cash Holdings of $13.4 BillionMay 11, 2026 8:30 AM
PR Newswire (Canada) Bitmine owns more than 4.31% of the total ETH coin supply of 120.7 millionBitmine is 86% of the way to the 'Alchemy of 5%' in just 11 monthsCrypto Spring has commenced and like past cycles, investor sentiment and conviction are muted and bearish even as crypto prices strengthenAs reflected in this edition of Tom Lee's Chairman's MessageEthereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchainsBitmine uplisted to the New York Stock Exchange ("NYSE") from the NYSE American effective as of April 9, 2026Bitmine has 4,712,917 staked ETH, representing $11.1 billion at $2,366 per ETHMAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilienceBitmine owns $88 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAIBitmine Crypto + Total Cash Holdings + "Moonshots" total $13.4 billion, including 5.21 million ETH tokens, total cash of $775 million, and other crypto holdingsBitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stockBitmine is the 149th most traded stock in the US, trading $816 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 ETHNORWALK, Conn., May 11, 2026 /CNW/ -- (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 $13.4 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 10, 2026 at 4:00pm ET, the Company's crypto holdings are comprised of 5,206,790 ETH at $2,366 per ETH (Coinbase NASDAQ: COIN), 201 Bitcoin (BTC), $200 million stake in Beast Industries, $88 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $775 million. Bitmine's ETH holdings are 4.31% of the ETH supply (of 120.7 million ETH).Bitmine released the latest Chairman's Message (link here) for May 2026."'Crypto spring' has commenced and we wanted to highlight the importance of owning ETH as a source of diversification, and the likely drivers of this coming 'crypto bull' cycle," stated Thomas "Tom" Lee, Chairman of Bitmine. "Among the key future drivers for Ethereum, the two primary are Wall Street's move to tokenization and agentic AI. If ETH closes above $2,100 at the end of May 2026, this would be the third consecutive monthly gain – this has never been seen in a crypto bear market. Thus, a close above $2,100 would validate 'crypto spring' has arrived.""Since the start of 2026, Bitmine has acquired over 1 million ETH and has accumulated over 4.3% of the ETH supply. We intend to hold and stake our ETH holdings, which means our ETH holdings are essentially reducing available supply of ETH and removed 4.3% of ETH supply since June 30th, 2025. In other words, ETH supply has been disinflationary since June 2025." stated Lee."We have decided to slow down our pace of weekly accumulation from >100,000 per week as we originally targeted reaching the 'alchemy of 5%' target in late 2026. Our previous pace of >100k weekly buys would have us reach 5% by mid-July." stated Lee."ETH prices have been correlated with software stocks (software ETF ticker: $IGV) and as shown on the chart below, both have been moving higher together in the past few months. The recovery in software in 2026 is further evidence 'crypto spring' has commenced," said 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 10, 2026, Bitmine total staked ETH stands at 4,712,917 ($11.1 billion at $2,366 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 $352 million annually (using 2.86% 7-day BMNR yield)," stated Lee."Annualized staking revenues are now $319 million. And this 4.7 million ETH is over 90% of the 5.21 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.86% (annualized)," continued Lee.Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 818,334 BTC valued at $66.6 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 $816 million (5-day average, as of May 8, 2026), ranking #149 in the US, behind Carvana Co (rank #148) and ahead of Royal Caribbean Cruises (rank #150) 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-messageThe 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/fundstratForward 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. View original content to download multimedia:https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-21-million-tokens-and-total-crypto-and-total-cash-holdings-of-13-4-billion-302767816.htmlSOURCE Bitmine Immersion Technologies, Inc. Original: Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.21 Million Tokens, and Total Crypto and Total Cash Holdings of $13.4 Billion
US Market News
1月前
Coinbase Q1 Financial Results Show Resilient Financial Performance Driven by New All-Time High Crypto Trading Volume Market ShareMay 7, 2026 4:13 PM
Business Wire Results indicate strong fundamentals despite short term macro headwinds: Coinbase saw a new all-time high crypto trading volume market share, driven by record-breaking consumer and institutional adoption of derivatives, with retail derivatives annualized revenue1 exceeding $200 million Prediction markets revealed as one of Coinbase’s fastest scaling products ever, reaching over $100 million in annualized revenue2 in less than two months, driven by strong consumer demand Coinbase leading competitors in USDC on platform, onchain stablecoin transaction volume, and agentic stablecoin transaction volume, solidifying its role as the largest regulated stablecoin platform in the world Coinbase Global, Inc. (Nasdaq: COIN) reported progress across the Everything Exchange, stablecoins and payments, and onchain adoption — serving consumers, developers, agents, institutions, banks, and government agencies as the most trusted name in crypto. Everything Exchange: Coinbase reaches all-time high crypto trading volume market share Coinbase crypto trading volume market share increased to 8.6%, a new all-time high driven by product innovation and derivatives growth. Coinbase continues to hold more crypto than any platform in the world, securely storing 12% of global crypto assets. Coinbase derivatives trading volume TTM grew 169% year-over-year, driven by increasing consumer and institutional adoption, with retail derivatives surpassing $200 million in annualized revenue, a new all-time high. Coinbase prediction markets reached $100 million in annualized revenue in March (first two full months live) following U.S. launch, one of its fastest scaling products ever, driven by strong retail interest. Stablecoin and payments: Coinbase drives USDC growth and Base powers agentic stablecoin transactions Coinbase is the distribution engine driving growth of USDC, the world’s largest regulated stablecoin, with more than 25% of total USDC in circulation (~$19 billion average USDC held in Coinbase products). Base, Coinbase’s layer-2 blockchain, processed 62% of total global onchain stablecoin transaction volume, exceeding all other chains combined. More than 90% of onchain agentic stablecoin transaction volume was on Base, making Coinbase the #1 platform for onchain agentic commerce. 100 million+ payments processed via Coinbase’s x402 protocol, with 99%+ of x402 transactions completed using USDC. Onchain adoption: Coinbase sees 2x increase in DEX trading volume Coinbase saw a 2x increase in decentralized exchange (DEX) trading volume quarter-over-quarter, driven by native integration of DEX in the Coinbase app. Coinbase saw $1 billion year-over-year growth in Borrow/Lend balances. “We executed well on what was in our control in Q1," said Brian Armstrong, Co-Founder and CEO. "We saw huge growth in derivatives trading volume, driven by our Everything Exchange. We hit a new all-time high in USDC held in Coinbase products and saw 10x year-over-year growth in stablecoin transactions on Base. We’re also leading on the next frontier with over 90% of onchain agentic stablecoin transaction volume happening on Base. We believe there will soon be billions of agents transacting and they need rails that can keep up, and Coinbase is at the center of the agent economy.” “The market environment this quarter was softer, but the underlying fundamentals of our business remain strong," said Alesia Haas, Chief Financial Officer. "We’ve now delivered 13 consecutive quarters of positive Adjusted EBITDA spanning both bull and bear markets, alongside 12 consecutive quarters of native unit inflows. And we're growing new revenue streams, with 12 product lines each generating over $100 million annualized, and prediction markets on their way to becoming the 13th.” As the most trusted crypto platform with the broadest product suite, Coinbase’s results show continued conviction that all asset classes will come onchain, and strengthened positioning to drive and capitalize on that shift. Non-GAAP Financial Measure This press release includes Adjusted EBITDA, a financial measures that is not prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). A definition, explanation, and reconciliation to the most comparable GAAP financial measure can be found in the appendix to this press release. Quarterly Conference Call Materials containing Coinbase’s financial results for the first quarter ending March 31, 2026 have been posted on its Investor Relations website at investor.coinbase.com. The Company will hold a webcast to discuss these financial results at 2:30 p.m. PT today. The live webcast of the call can be accessed here. Following the call, a replay of the call, as well as a transcript, will be available on the Investor Relations website at investor.coinbase.com. Disclosure Information In addition to filings with the Securities and Exchange Commission (SEC), the Company uses its Investor Relations website (investor.coinbase.com), its blog (blog.coinbase.com), press releases, public conference calls and webcasts, its X feed (@coinbase), Brian Armstrong’s X feed (@brian_armstrong), its LinkedIn page, and its YouTube channel as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Forward-Looking Statements This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. These statements include, but are not limited to, statements regarding our future operating results and financial position; our business strategy and plans; expectations relating to our industry, the regulatory environment, market conditions, trends and growth; our market position; potential market opportunities; and our objectives for future operations. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on management’s expectations, assumptions, and projections based on information available at the time the statements were made. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions including those discussed in our SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on February 12, 2026 and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 filed with the SEC on May 7, 2026. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements. About Coinbase Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom in the world. The most trusted crypto platform, Coinbase stores more digital assets than any other company and is building the everything exchange — one place to access crypto, equities, derivatives, prediction markets, and more. Coinbase serves consumers through its suite of financial apps, institutions through Coinbase Prime, and developers through the Coinbase Developer Platform. Every experience runs on Coinbase's full-stack platform powering the future of finance: secure custody, deep exchange liquidity, stablecoin infrastructure, and global settlement rails — all built on a decade-plus foundation of security and compliance. 1 Measured based on when a given product generated $200 million in quarterly annualized net revenue for the most recent qualifying quarter. 2 Measured based on when the product generated $100 million in quarterly annualized net revenue, calculated as twelve times March revenue. Appendix Reconciliation of Adjusted EBITDA ($ in millions) Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Net income (loss) 65.6 1,428.9 432.6 (666.7) (394.1) Adjusted to exclude the following: Provision for (benefit from) income taxes 16.8 394.9 69.6 (219.6) (70.6) Interest expense 20.5 20.5 21.8 22.6 22.6 Depreciation and amortization 33.3 33.9 50.1 71.1 68.0 Stock-based compensation expense 190.7 196.2 222.1 230.5 248.1 Data Theft Incident losses (recoveries), net1 – 306.7 48.0 (9.5) 8.6 Losses (gains) on crypto assets held for investment, net 596.7 (362.1) (423.9) 718.2 482.4 Other expense (income), net2 6.2 (1,506.9) 380.5 419.3 (61.6) Adjusted EBITDA3 929.9 512.1 800.7 565.9 303.3 Note: Amounts may not add as presented due to rounding.
[1] Losses, net of recoveries, directly related to the data theft incident announced on the Current Report on Form 8-K we filed with the SEC on May 15, 2025 (the “Data Theft Incident”), including voluntary customer reimbursements, direct legal costs, and reward payments, if any, in connection with the threat actor’s arrest and conviction.
[2] See Note 16. Other Condensed Consolidated Statements of Operations Details to the Condensed Consolidated Financial Statements in our Quarterly Report on Form 10-Q for the quarter ended on March 31, 2026 filed with the SEC on May 7, 2026 for additional details.
[3] We calculate Adjusted EBITDA as net loss or income, adjusted to exclude provision for or benefit from income taxes, interest expense, depreciation and amortization expense, stock-based compensation expense, net gains or losses on our crypto assets held for investment, losses, net of recoveries, directly related to the data theft incident, and other income or expense, net, which represents net gains or losses on investments and other financial instruments, and other non-operating income and expense activity. Adjusted EBITDA We believe Adjusted EBITDA, a non-GAAP financial performance measure, is useful information to help investors evaluate our operating performance because it: enables investors to compare this measure and component adjustments to similar information provided by peer companies and our past financial performance; provides additional company-specific adjustments for certain items that may be included in income from operations but that we do not consider to be normal, recurring, operating expenses (or income) necessary to operate our business given our operations, revenue generating activities, business strategy, industry, and regulatory environment; and provides investors with visibility to a measure management uses to evaluate our ongoing operations and for internal planning and forecasting purposes. For example: We believe it is useful to exclude certain non-cash expenses, such as depreciation and amortization and stock-based compensation, from Adjusted EBITDA because the amounts of such expenses can vary significantly from period to period and may not directly correlate to the underlying performance of our business operations. We believe it is useful to exclude certain items that we do not consider to be normal, recurring, cash operating expenses and therefore, not reflective of our ongoing business operations. For example, we exclude: (i) other (income) expense, net, as the income and expenses recognized in this line item are not part of our core operating activities and are considered non-operating activities under GAAP, (ii) gains and losses on crypto assets held for investment because such investments are considered primarily long-term holdings, and (iii) losses, net of recoveries, directly related to the data theft incident announced on the Current Report on Form 8-K we filed with the SEC on May 15, 2025 (the “Data Theft Incident”), including voluntary customer reimbursements, direct legal costs, and reward payments, if any, in connection with the threat actor’s arrest and conviction. We do not plan on engaging in regular trading of crypto assets, and, as an operating company, our investing activities in crypto are not part of our revenue generating activities, which are primarily based on transactions on our platform and the sales of subscriptions and services. We believe Adjusted EBITDA is useful to measure a company’s operating performance without regard to items such as stock-based compensation expense, depreciation and amortization expense, interest expense, other (income) expense, net, and provision for (benefit from) income taxes that can vary substantially from company to company depending upon their financing, capital structures, and the method by which assets were acquired. Limitations of Non-GAAP Financial Measures We believe that non-GAAP financial measures may be helpful to investors for the reasons noted above. However, non-GAAP financial measures are presented for supplemental informational purposes only, have limitations as analytical tools, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. In addition, other companies, including companies in our industry, may calculate non-GAAP financial measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our disclosure of non-GAAP financial measures as a tool for comparison. There are a number of limitations related to Adjusted EBITDA rather than net (loss) income, which is the nearest GAAP equivalent of Adjusted EBITDA. Some of these limitations are that Adjusted EBITDA excludes: provision for (benefit from) income taxes; interest expense, or the cash requirements necessary to service interest or principal payments on our debt, which reduces cash available to us; depreciation and amortization expense and, although these are non-cash expenses, the assets being depreciated and amortized may have to be replaced in the future; stock-based compensation expense, which has been, and will continue to be for the foreseeable future, a significant recurring expense for our business and an important part of our compensation strategy; net losses or recoveries directly related to the Data Theft Incident; net gains or losses on our crypto assets held for investment; and other (income) expense, net, which represents net gains or losses on investments and other financial instruments, and other non-operating income and expense activity. View source version on businesswire.com: https://www.businesswire.com/news/home/20260507415101/en/ Press:
press@coinbase.com Investor Relations:
investor@coinbase.com Original: Coinbase Q1 Financial Results Show Resilient Financial Performance Driven by New All-Time High Crypto Trading Volume Market Share
Investors3
1月前
Building a leaner and faster Coinbase
By Brian Armstrong
May 5, 2026
Earlier today, I shared the following note with all Coinbase employees.
Team,
Today I’ve made the difficult decision to reduce the size of Coinbase by ~14%. I want to walk you through why we're doing this now, what it means for those affected, and how this positions us for the future.
Why now
Two forces are converging at the same time. We need to be front footed to respond to both.
First, the market. Coinbase is well-capitalized, has diversified revenue streams, and is well-positioned to weather any storm. Crypto is also on the verge of the next wave of adoption, with stablecoins, prediction markets, tokenization, and more taking off. However, our business is still volatile from quarter to quarter. While we've managed through that cyclicality many times before and come out stronger on the other side, we’re currently in a down market and need to adjust our cost structure now so that we emerge from this period leaner, faster, and more efficient for our next phase of growth.
Second, AI is changing how we work. Over the past year, I’ve watched engineers use AI to ship in days what used to take a team weeks. Non-technical teams are now shipping production code and many of our workflows are being automated. The pace of what's possible with a small, focused team has changed dramatically, and it's accelerating every day.
All of this has led us to an inflection point, not just for Coinbase, but for every company. The biggest risk now is not taking action. We are adjusting early and deliberately to rebuild Coinbase to be lean, fast, and AI-native. We need to return to the speed and focus of our startup founding, with AI at our core.
What this means
To get there, we are not just reducing headcount and cutting costs, we’re fundamentally changing how we operate: rebuilding Coinbase as an intelligence, with humans around the edge aligning it. What does this mean in practice?
* Fewer layers, faster decisions: We are flattening our org structure to 5 layers max below CEO/COO. Layers slow things down and create coordination tax. The future is small, high context teams that can move quickly. Leaders will own much more, with as many as 15+ direct reports. Fewer layers also means a leaner cost structure that is built to perform through all market cycles.
* No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams.
* AI-native pods: We’ll be concentrating around AI-native talent who can manage fleets of agents to drive outsized impact. We’ll also be experimenting with reduced pod sizes, including “one person teams” with engineers, designers, and product managers all in one role.
In short: AI is bringing a profound shift in how companies operate, and we’re reshaping Coinbase to lead in this new era. This is a new way of working, and we need to leverage AI across every facet of our jobs.
To those who are affected
I know there are real people behind these decisions — talented colleagues who have poured themselves into this company and our mission. To those of you who will be leaving: thank you. You’ve helped build Coinbase into what it is today, and I am sincerely grateful for everything you've done.
All impacted team members will receive an email to their personal account in the next hour with more information, and an invitation to meet with an HRBP and a senior leader in your organization. Coinbase system access has been removed today. I know this feels sudden and harsh, but it is the only responsible choice given our duty to protect customer information.
To those affected, we will be providing a comprehensive package to support you through this transition. US employees will receive a minimum of 16 weeks base pay (plus 2 weeks per year worked), their next equity vest, and 6 months of COBRA. Employees on a work visa will get extra transition support. Those outside of the US will receive similar support, based on local factors and subject to any consultation requirements.
Coinbase prides itself on talent density. Our employees are among the most talented people in the world, and I have no doubt that your skills and experience will be highly sought after as you pursue your next chapters.
How we move forward
To the team that is staying, I know this is a difficult day. We’re saying goodbye to colleagues and friends you've been in the trenches with. But here’s what I want you to know as we move forward together:
Over the past 13 years, we have weathered four crypto winters, gone public, and built the most trusted platform in our industry. We’ve made it this far by making hard decisions and by always staying focused on our mission. This time will be no different – nothing has changed about the long term outlook of our company or industry. And most importantly, our mission has never been more important for the world. Increasing economic freedom requires a new financial system, and we’re building it.
The Coinbase that emerges from this will be more capable than ever to achieve our mission.
Brian
***
We will share more detail on our expense outlook during our Q1 earnings call on Thursday.
This blog post contains forward looking statements. These forward looking statements are only predictions and may differ materially from actual results due to a variety of factors. The risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in our filings with the Securities and Exchange Commission. Any forward looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this blog post. We undertake no obligation to update these statements as a result of new information or future events.
https://www.coinbase.com/blog/building-a-leaner-and-faster-coinbase
Investors3
1月前
International
Coinbase Launches Self-Managed Super Funds (SMSFs) Support in Australia
By John O’Loghlen, Pete Patanapanlert
May 3, 2026
TLDR: Coinbase Australia is officially launching dedicated support for Self-Managed Super Funds (SMSFs). We’re providing Australian trustees with a seamless, compliant, and secure path to diversify retirement portfolios with digital assets—backed by our landmark AFSL and local expertise.
With over $1 trillion AUD held in SMSFs, Australians lead the world in self-directed investing. Yet, for many, the hurdle to crypto adoption has been the complexity of compliance and reporting. Today, Coinbase is removing those barriers by launching a dedicated SMSF solution.
Building the "Everything Exchange" for Retirement
Following our recent milestone of receiving an Australian Financial Services Licence (AFSL), we are taking steps to integrate crypto into the fabric of Australian wealth management. This future will be defined by a narrowing gap between traditional financial services and digital assets. Soon investors will expect a secure, compliant and easy-to-use solution that allows them to access every type of asset including crypto, equities, and more.
Our SMSF solution positions crypto into the Australian wealth management playbook by offering:
* Seamless Onboarding: A streamlined entity verification process designed specifically for Australian fund structures.
* Audit-Ready Reporting: Clear, downloadable data that integrates with local accounting standards, saving hours for trustees and administrators.
* Institutional Security: Retirement investors gain the support of the world’s most trusted crypto platform with the same gold-standard protection trusted by global institutions.
SMSFs Central to Crypto Adoption in Australia
Self-managed super funds have seen sizable adoption, with the most recent data from the Australian Taxation Office finding over 653,000 SMSFs holding $1.05 AUD trillion in assets, with more than 1.2 million members. With growing regulatory clarity in Australia and institutional adoption of digital assets, we see SMSF’s as a core area of potential growth in Australia.
More broadly, SMSFs are among the few retirement structures globally that allow individuals to manage digital assets directly. Because of this unique flexibility, SMSFs are becoming a primary gateway for investors looking to integrate cryptocurrency into their long-term retirement strategies.
The Future of Super is Here
As Australia’s digital asset landscape evolves under the Digital Assets Framework Bill 2025, Coinbase is committed to being the most trusted partner for long-term investors. By combining security, simplicity, and global best practices, we’re helping Australians include crypto in their retirement strategy with total confidence.
About John O’Loghlen
Regional Managing Director APAC & Country Director Australia
John O'Loghlen is the Coinbase Country Director, Australia. Prior to joining Coinbase, John led the expansion of Alibaba Group and Ant Group in Australia and New Zealand as well as overseeing the WorldFirst cross border payments business. Before relocating to Sydney in 2014, John spent the previous 11 years in China building businesses in the food delivery space following on from a career in investment banking with Goldman Sachs in London, New York and Beijing.
About Pete Patanapanlert
Product Lead, APAC
Pete Patanapanlert leads product and growth for Coinbase in APAC, focusing on expanding access to crypto through scalable, customer-centric products. Pete brings extensive public and private sector experience to the role; prior to Coinbase, he led fintech initiatives for the Singapore Government at Open Government Products, where he built digital payments public infrastructure. His background also includes developing Indonesian credit products at Honest and serving as a core member of Boston Consulting Group’s private equity practice in Southeast Asia.
https://www.coinbase.com/blog/coinbase-launches-self-managed-super-funds-support-in-australia
This looks like more opportunities for revenue growth (internationally) for COIN! I purchased more of their stock today and have been taking more advantage of their DEX offered coins, by trying to build
up a nice nest egg of A New Era crypto coins, in addition to the much larger coins that i have owned
for years through my Coinbase account...i am not offering investment advice; just sharing my opinion(s)...
US Market News
1月前
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach Unprecedented World Record of 5.078 Million Tokens, and Total Crypto and Total Cash Holdings of $13.3 BillionApril 27, 2026 8:30 AM
PR Newswire (US)
Bitmine owns more than 4.21% of the total ETH coin supply of 120.7 millionBitmine is 84% of the way to the 'Alchemy of 5%' in just 10 monthsEthereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchainsBitmine uplisted to the New York Stock Exchange ("NYSE") from the NYSE American effective as of April 9, 2026Bitmine has 3,701,589 staked ETH, representing $8.8 billion at $2,369 per ETHMAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilienceBitmine owns $91 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to give investors direct exposure to OpenAIBitmine Crypto + Total Cash Holdings + "Moonshots" total $13.3 billion, including 5.078 million ETH tokens, total cash of $940 million, and other crypto holdingsBitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stockBitmine is the 129th most traded stock in the US, trading $845 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 ETHNORWALK, Conn., April 27, 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 $13.3 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 April 26, 2026 at 4:00pm ET, the Company's crypto holdings are comprised of 5,078,386 ETH at $2,369 per ETH (Coinbase NASDAQ: COIN), 200 Bitcoin (BTC), $200 million stake in Beast Industries, $91 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $940 million. Bitmine's ETH holdings are 4.21% of the ETH supply (of 120.7 million ETH)."Bitmine ETH holdings crossed 5 million this past week," stated Thomas "Tom" Lee, Chairman of Bitmine. "This is a major milestone as the Company moves towards acquiring 5% of the ETH supply. And this pace of accumulation is astonishing, taking only 10 months to reach 5 million.""Several recent research reports, including the latest research by Etherealize, argue ETH is a 'store of value' and will be held as collateral as digital assets are increasingly used in financial transactions. This new role for ETH has arguably been demonstrated by its outperformance since the Iran War commenced. ETH has outperformed the S&P 500 by 1,696 basis points since the war started and remains the single best performing asset in the world (beside crude oil prices)," stated Lee."Moreover, 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. In our view, there is a lot of meaning to ETH being the best 'war-time store of value' and to ETH being the asset leading since the war started," said Lee."Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case ETH is in the final stages of the 'mini-crypto winter.' In the past week, we acquired 101,901 ETH, which is the highest pace of buys since the week of December 15, 2025," 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 April 26, 2026, Bitmine total staked ETH stands at 3,701,589 ($8.8 billion at $2,369 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 $363 million annually (using 3.033% 7-day BMNR yield)," stated Lee."Annualized staking revenues are now $264 million. And this 3.7 million ETH is about 73% of the 5.08 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 3.028%, while Bitmine's own staking operations generated a 7-day yield of 3.033% (annualized)," continued Lee.Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 780,897 BTC valued at $58.2 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 $845 million (5-day average, as of April 24, 2026), ranking #129 in the US, behind Nike Inc (rank #128) and ahead of Comfort Systems USA (rank #130) 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-messageThe 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/fundstratForward 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-unprecedented-world-record-of-5-078-million-tokens-and-total-crypto-and-total-cash-holdings-of-13-3-billion-302753891.htmlSOURCE Bitmine Immersion Technologies, Inc.
Original: Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach Unprecedented World Record of 5.078 Million Tokens, and Total Crypto and Total Cash Holdings of $13.3 Billion
Investors3
2月前
Interesting about them now allowing the purchase of DEX based securities. I wonder what percentage of total trading volume was DEX? Anyway,
i need to do more research on which DEX based securities to invest in. I did a search on A New Era, as that comes up alot in describing the
future of the crypto market, and i see 3 coins: A New Era of coins has begun, Digital Times: A New Era, and Welcome to A New Era. Anyone know anything about these coins? I also bought more COIN stock!
Coinbase Delivers on Q4 Financial Outlook, Doubles Total Trading Volume and Crypto Trading Volume Market Share in 2025
February 12, 2026
All-time high Coinbase Total Trading Volume, up 156% Y/Y, outperforming the market
All-time high Coinbase Crypto Trading Volume Market Share up 103% Y/Y
All-time high Subscription and Services Revenue in 2025
All-time high Paid Coinbase One Subscribers in 2025, up 3x in 3 years
All Q4 financial results were within expected ranges, reflecting strong operational discipline alongside accelerating product velocity.
“The Everything Exchange is working,” said Brian Armstrong, Co-founder and CEO. “In 2025, we drove all-time highs across our products: Coinbase One subscriptions reached ~1 million, trading volume and market share doubled, and USDC held on platform reached an all-time high. We’re in pole position to capitalize on whatever 2026 has in store. Already in Q1, we’ve had the highest 24 hour trading volume in over a year, as well as record-breaking volumes in gold and silver, DEX-enabled spot trading, and prediction markets.”
“2025 was a strong year for Coinbase, both operationally and financially,” said Alesia Haas, CFO. “We executed consistently against our goals, delivering or outperforming our revenue and expense guidance every quarter, and extending our multi-year track record of profitability. We also drove growth and diversification of revenue, reaching 12 products that generate more than $100 million in revenue on an annualized basis.”
2025 All-time Highs
*12 products that generate more than $100 million in revenue on an annualized basis 1
*Total Coinbase trading volume 2 reached $5.2 trillion, up 156% Y/Y
* Coinbase crypto trading volume market share of 6.4%, up 2x Y/Y
*Subscription and services revenue of $2.8 billion, up 5.5x since the peak of the last bull cycle in 2021
*Average USDC balances held in Coinbase products reached $17.8 billion
*Average USDC market capitalization reached $76.2 billion
*Paid Coinbase One Subscribers almost 1 million, over 3x growth in three years
In Q4 and 2025, Coinbase demonstrated increasing product velocity against the Everything Exchange vision, a one-stop-shop where users can trade every asset class
*Coinbase was first-to-market with 24/7 U.S. perpetual-style futures, contributing to a 4x increase in U.S. derivatives market share year-over-year
*All-time highs in derivatives trading volume in Q4
*Internationally, Coinbase closed its acquisition of Deribit, becoming a global leader in crypto derivatives by open interest and options volume, and achieving new all-time highs in both volume and revenue since close
*Launched prediction markets and equities, expanding the asset classes we offer means our revenue is less correlated to crypto price fluctuations
*Coinbase is the trusted partner of choice for thousands of companies integrating crypto, including for over 270 Crypto-as-a-Service clients and 150 government agencies
As the most trusted crypto platform with the broadest product suite, we’re proud to share that customers now store more crypto at Coinbase than any other company. Assets on Platform3 increased 3x over the last three years. And in 2025, more than 12% of all crypto in the world resided on Coinbase...
https://investor.coinbase.com/news/news-details/2026/Coinbase-Delivers-on-Q4-Financial-Outlook-Doubles-Total-Trading-Volume-and-Crypto-Trading-Volume-Market-Share-in-2025/default.aspx
Investors3
2月前
UK Users Can Now Borrow USDC Against their Crypto Holdings
By Keith Grose
Apr 20, 2026
TL;DR: UK Customers can now instantly borrow USDC at competitive interest rates using their BTC, ETH, or cbETH as collateral, with plans to expand eligible collateral assets in the future.The loans are powered by Morpho, an open source lending protocol on Base.
Coinbase users in the UK can now borrow USDC against their Bitcoin and Ethereum holdings in under a minute. This unlocks more liquidity for users without having to sell their crypto holdings: users can send USDC globally for free, or convert to fiat to cover any of life's expenses. Coinbase One members also earn up to 3.5% APY in USDC rewards. The Borrow product is powered by Morpho, an onchain protocol built on Base, and initially supports BTC, ETH, and cbETH.
Providing Onchain Personal Finance to UK Residents
Crypto-backed loans are part of Coinbase’s efforts to build the number one financial app in the UK. We want to be the best place for UK consumers to invest, manage and grow their money. It is also the latest milestone for Coinbase in the United Kingdom, and follows the recent launch of DEX trading in April 2026, savings accounts in the UK in November 2025, and Coinbase’s successful FCA registration in February 2025.
International Expansion of Borrow Product
Providing access to crypto-backed loans in the UK is the first step in Coinbase’s ongoing efforts to expand following the launch of this offering in the US in January 2025. Initial interest in the service in the US has been substantial with total loan originations through Coinbase on Morpho growing to over $2.17B USDC as of April 14, 2026. Coinbase plans to continue expanding access to crypto-backed loans in more countries in the near future.
Getting Started
Users based in the UK can borrow USDC in under a minute:
* To access crypto-backed loans, navigate to the menu within your Coinbase app, and select Borrow. Once there, choose the asset you want to use as collateral and enter the amount of USDC you want to borrow against. For BTC-backed loans, you can borrow up to $5,000,000 USDC depending on how much bitcoin you have to pledge as collateral.
* The amount you choose to pledge as collateral will be transferred onchain to a Morpho smart contract. Morpho will then disburse the USDC loan, which you will see in your Coinbase account within seconds, and can easily convert to GBP.
Product Details:
* You can easily manage your loan in the Borrow section of the app, where you can view your loan health, APR history, liquidation alerts (which are also triggered to email and text), and helpful FAQs.
* Interest rates are variable and calculated automatically by Morpho based on market conditions – such that it varies every few seconds with each block creation on the Base blockchain.
* There is no fixed repayment schedule and users will always have the flexibility to choose when to pay down their loan.
* If the amount of your loan, including accrued interest, reaches a certain threshold relative to the value of your collateral, liquidations are triggered. You can monitor your loan directly from your Coinbase app, and the threshold will be displayed prior to you confirming the loan. For more information visit our Help Center.
Learn more about crypto-backed loans at coinbase.com/borrow.
Disclaimer:
Collateral will be locked in a Morpho smart contract until the loan is fully repaid. If the loan-to-value ratio of the loan exceeds the liquidation loan-to-value, your collateral will be liquidated to repay the loans and the Morpho protocol will charge a liquidation penalty fee.
USDC can be sent for zero fees on all supported networks except Ethereum. All stablecoins come with risks. Learn more.
Upon receiving USDC, Coinbase One members will be automatically opted in to rewards, unless they choose to opt out. The rewards rate is subject to change. Customers will be able to see the latest applicable rates directly within their accounts.
Note that transfer limits are set on all Coinbase accounts as a financial safeguard to protect you and your account. Learn more.
This material is for informational purposes only. Consult your advisors before making any investment decision. No representation or warranty is made, expressed or implied with respect to the accuracy of the information or to the future performance of any digital asset, financial instrument or other market or economic measure. Coinbase may have financial interests in, or relationships with, some of the entities and/or publications discussed or referenced in the materials. Coinbase does not endorse or approve links or third-party websites that may be provided in the materials.
https://www.coinbase.com/blog/uk-users-can-now-borrow-usdc-against-their-crypto-holdings
US Market News
2月前
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.803 Million Tokens, and Total Crypto and Total Cash Holdings of $11.4 BillionApril 6, 2026 8:30 AM
PR Newswire (Canada)
Bitmine has been approved for uplisting to the New York Stock Exchange ("NYSE") from the NYSE American effective at the opening of trading on April 9, 2026Bitmine has 3,334,637 staked ETH, representing $7.1 billion at $2,123 per ETHMAVAN (Made in America VAlidator Network) is the premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilienceBitmine now owns 3.98% of the ETH token supply, over 79% of the way to the 'Alchemy of 5%' in just 9 monthsBitmine owns $92 million of ORBS, now one of the only publicly listed equities in the world to give investors direct exposure to OpenAIBitmine Crypto + Total Cash Holdings + "Moonshots" total $11.4 billion, including 4.803 million ETH tokens, total cash of $864 million, and other crypto holdingsBitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stockBitmine is the 96th most traded stock in the US, trading $987 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 ETHNORWALK, Conn., April 6, 2026 /CNW/ -- (NYSE AMERICAN: 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 $11.4 billion.
Additionally, the company announced that it has been approved for uplisting to the New York Stock Exchange ("NYSE") from the NYSE American. As a result of the uplisting, the Company's common stock will cease trading on the NYSE American after market close on April 8, 2026, and will commence trading on the NYSE effective at the opening of trading on April 9, 2026. The Company's common stock will continue to trade under the symbol "BMNR".As of April 5, 2026 at 8:30pm ET, the Company's crypto holdings are comprised of 4,803,334 ETH at $2,123 per ETH (Coinbase NASDAQ: COIN), 198 Bitcoin (BTC), $200 million stake in Beast Industries, $92 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $864 million. Bitmine's ETH holdings are 3.98% of the ETH supply (of 120.7 million ETH)."The Iran war enters its 6th week and this war remains the most important driver of global markets. ETH remains the second best performing asset since the start of the war, with a 6.8% gain and outperforming the S&P 500 by 1,130bp. And ETH beating gold by 1,840bp demonstrates ETH is the wartime store of value. At the moment, this war exerts more influence on risk markets than global central banks," said Thomas "Tom" Lee, Chairman of Bitmine."The war has placed downward pressure on global markets, so it is impressive to see ETH as one of the few to rise on an absolute basis. This is a great harbinger, as we expect ETH leadership to strengthen investors and eventually take cash off the sidelines," continued Lee. "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 has maintained the increased pace of ETH buys in each of the past four weeks, as our base case ETH is in the final stages of the 'mini-crypto winter.' In the past week, we acquired 71,252 ETH which is the highest pace of buys since the week of December 22, 2025," stated Lee.Bitmine announced the official launch of 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 April 6, 2026, Bitmine total staked ETH stands at 3,334,637 ($7.1 billion at $2,123 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 ETH staking reward is $282 million annually (using 2.78% 7-day BMNR yield)," stated Lee."Annualized staking revenues are now $196 million. And this 3.3 million ETH is about 69% of the 4.8 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.74%, while Bitmine's own staking operations generated a 7-day yield of 2.78% (annualized)," continued Lee.Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which owns 762,099 BTC valued at $51 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 $987 million (4-day average, as of April 2, 2026), ranking #96 in the US, behind Schlumberger (rank #95) and ahead of Adobe (rank #97) 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-messageThe 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 AMERICAN: 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
https://x.com/bmnrinternForward 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 progress and achievement of the Company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company. 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 and proposed future business; the competitive environment of Bitmine's business; 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-803-million-tokens-and-total-crypto-and-total-cash-holdings-of-11-4-billion-302734414.htmlSOURCE Bitmine Immersion Technologies, Inc.
Original: Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.803 Million Tokens, and Total Crypto and Total Cash Holdings of $11.4 Billion
US Market News
3月前
Coinbase and Chainlink Bring Exchange Data Powering Billions in Trading Onchain for the First TimeMarch 25, 2026 10:00 AM
PR Newswire (US)
SAN FRANCISCO, March 25, 2026 /PRNewswire/ -- Coinbase, a leading publicly-listed firm for digital assets, has integrated Chainlink to bring its premium exchange data underpinning billions in trading activity onchain for the first time via DataLink, an institutional-grade data publishing service powered by the Chainlink data standard.
Coinbase operates one of the most institutionally integrated crypto exchanges. By making Coinbase's exchange data securely available onchain through Chainlink's industry-standard oracle platform, DeFi markets have direct access to important market information, driving more accurate pricing, stronger risk management, and entirely new onchain markets across derivatives, tokenized RWAs, structured products, perpetuals, synthetic assets, next-gen risk engines for lending protocols, and more.This marks a major milestone in DeFi market infrastructure, as high-quality exchange data that powers billions in institutional trading activity is now available onchain through Chainlink's battle-tested infrastructure. Chainlink serves as the universal gateway to enterprise-grade data, abstracting the complexities of data delivery, decentralization, security, and reliability so developers can focus on shipping products at scale without having to manage critical data infrastructure.With DataLink, protocols can now access a wide range of Coinbase's premium datasets directly onchain, including:Order book dataSpot pricesPerpetual futures data, including from Coinbase International ExchangeE-mini futures dataAdditional datasets spanning crypto, metals, energy, and equity futures via Coinbase Derivatives ExchangeLiz Martin, Vice President, Coinbase Markets, said: "We're excited to build on our existing Chainlink integrations by adopting DataLink to publish Coinbase's exchange market data onchain for the first time. The Chainlink data standard is battle-tested, institutional-grade infrastructure, making it the clear choice for bringing Coinbase's market data into onchain markets. Our benchmarks enable DeFi and TradFi developers to build more robust onchain apps across derivatives, tokenized assets, and more."Johann Eid, Chief Business Officer at Chainlink Labs, said: "Coinbase bringing its exchange data onchain through Chainlink sends a clear signal. By delivering institutional-grade exchange data to blockchains, we are proving that the future of finance requires a foundation of uncompromising security. We aren't just moving data; we are building the programmable market infrastructure defining the next era of tokenization and accelerating the convergence of institutional finance and DeFi."The adoption of DataLink follows recent Chainlink integrations from Coinbase, including the Base-Solana Bridge going live secured by Chainlink CCIP, and Coinbase selecting CCIP as its exclusive interoperability provider for all Coinbase Wrapped Assets.About Chainlink
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and the market leader powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, ANZ, and top protocols such as Aave, Lido, GMX, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link.About Coinbase
Crypto creates economic freedom by ensuring that people can participate fairly in the economy, and Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom for more than 1 billion people. We're updating the century-old financial system by providing a trusted platform that makes it easy for people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and fast, free global transfers. We also provide critical infrastructure for onchain activity and support builders who share our vision that onchain is the new online. And together with the crypto community, we advocate for responsible rules to make the benefits of crypto available around the world.
View original content to download multimedia:https://www.prnewswire.com/news-releases/coinbase-and-chainlink-bring-exchange-data-powering-billions-in-trading-onchain-for-the-first-time-302724162.htmlSOURCE Chainlink
Original: Coinbase and Chainlink Bring Exchange Data Powering Billions in Trading Onchain for the First Time
US Market News
3月前
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.596 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 BillionMarch 16, 2026 8:30 AM
PR Newswire (US)
Bitmine has 3,040,515 staked ETH, representing $6.6 billion at $2,185 per ETH; MAVAN staking solution on track to launch Q1 2026Bitmine now owns 3.81% of the ETH token supply, over 76% of the way to the 'Alchemy of 5%' in just 8 monthsBitmine increased its investment into Eightco (ticker: $ORBS) by $80 million to support ORBS $50 million purchase of OpenAI equity ORBS is now the only publicly listed equity in the world to give investor direct exposure to OpenAIBitmine acquired 5,000 ETH from the Ethereum Foundation (EF) to enable EF to fund its core operationsBitmine Crypto + Total Cash Holdings + "Moonshots" total $11.5 billion, including 4.596 million ETH tokens, total cash of $1.2 billion, and other crypto holdingsBitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stockBitmine is the 105th most traded stock in the US, trading $1.0 billion 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 ETHLAS VEGAS, March 16, 2026 /PRNewswire/ -- (NYSE AMERICAN: 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 $11.5 billion.
As of March 15, 2026 at 7:00pm ET, the Company's crypto holdings are comprised of 4,595,562 ETH at $2,185 per ETH (NASDAQ: COIN), 196 Bitcoin (BTC), $200 million stake in Beast Industries, $83 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $1.2 billion. Bitmine's ETH holdings are 3.81% of the ETH supply (of 120.7 million ETH)."Since the start of the Iran war, crypto prices have outperformed and Ethereum has outperformed the S&P 500 by 2,450bp. This is a meaningful outperformance in a mere two weeks," said Thomas "Tom" Lee, Chairman of Bitmine."In our view, higher oil is triggering concerns of slowing growth for the global economy. And when investors worry about growth, they buy 'growth stocks' including MAG7, software and crypto. As the chart below shows, crypto moves in tandem with software stocks." continued Lee.In the past week, Bitmine also made two strategic moves. First, Bitmine increased its investment in existing "moonshot" Eightco (ticker: $ORBS) by an additional $80 million (link here). ORBS acquired a $50 million equity stake in OpenAI and a $25 million equity stake in Beast Industries. "ORBS is now the only publicly listed equity in the world to give investor direct exposure to OpenAI. OpenAI has a much anticipated IPO in 2026 and investors can now get direct exposure via ORBS. Moreover, we see a lot of synergy between worldchain (proof of human), the leading AI platform (OpenAI) and the world's great content creator, Mr. Beast. Eightco is bringing Cathie Wood's ARK on as a strategic advisor further increasing the appeal of ORBS."Second, Bitmine acquired 5,000 ETH from the Ethereum Foundation (EF, link here) enabling the EF to fund its core operations. "Bitmine acquired the ETH to demonstrate our support for the goals and operations of EF and enabled EF to raise capital without having to sell its ETH in the open market.""Bitmine has slightly increased the pace of ETH buys in each of the past two weeks, as our base case is ETH is in the final stages of the 'mini-crypto winter.' In the past week, we acquired 60,999 ETH compared to an average of 45k to 50k weekly recently," stated Lee.As of March 15, 2026, Bitmine total staked ETH stands at 3,040,515 ($6.6 billion at $2,185 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 ETH staking rewards is $272 million annually (using 2.81% 7-day BMNR yield)," stated Lee."Annualized staking revenues are now $180 million. And this 3.0 million ETH is about 66% of the 4.6 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.79%, while Bitmine's own staking operations generated a 7-day yield of 2.81% (annualized). We continue to make progress on our staking solution known as The Made in America VAlidator Network (MAVAN). This will be the 'best-in-class' solution offering secure staking infrastructure and will be deployed in early calendar 2026. Bitmine is currently working with 3 staking providers as the Company moves towards unveiling MAVAN in 2026," continued Lee.Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which owns 738,731 BTC valued at $53 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 $1.0 billion (5-day average, as of March 13, 2026), ranking #105 in the US, behind Nike (rank #104) and ahead of Starbucks (rank #106) 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-messageThe 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 AMERICAN: 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 will launch MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in Q1 of 2026.For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
https://x.com/bmnrinternForward 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 progress and achievement of the Company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company. 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 and proposed future business; the competitive environment of Bitmine's business; 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-596-million-tokens-and-total-crypto-and-total-cash-holdings-of-11-5-billion-302714219.htmlSOURCE Bitmine Immersion Technologies, Inc.
Original: Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.596 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 Billion
US Market News
3月前
Aon Announces First Stablecoin Insurance Premium PaymentMarch 9, 2026 8:30 AM
PR Newswire (US)
Collaboration with Coinbase and Paxos expands digital asset insurance capabilities for clientsDUBLIN, March 9, 2026 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the first known stablecoin insurance premium payment among major global brokers, demonstrated through a successful proof of concept using trusted U.S. dollar-backed stablecoins.This initiative underscores Aon's commitment to modernizing the insurance value chain by demonstrating how stablecoin technologies can support more efficient movement of funds. It also reflects the firm's recognition that client demand, regulatory clarity and digital-first financial models are converging, increasing the need for disciplined risk management as adoption expands across global markets."Our position as a first mover in accepting stablecoin to settle insurance premiums advances our commitment to innovating on behalf of clients to better serve their needs," said Tim Fletcher, CEO of Aon's financial services group. "As tokenized instruments become more widely used, clients need confidence that speed and innovation do not come at the expense of control. By building real-world understanding of stablecoins early, we are strengthening our ability to advise on risk, governance and resilience as digital finance evolves."Led by Aon's digital asset practice, this initiative builds on established digital-asset risk advisory capabilities, translating industry leading client services in insurance and risk management into practical application within the firm's own operations. Recent U.S. regulatory developments, including the passage of the GENIUS Act in 2025, established the federal framework for stablecoins that helped support this proof of concept.As part of this effort, Aon worked with the firm's clients Coinbase and Paxos to settle premium payments for their respective insurance programs. The transactions were executed across multiple blockchain networks including USDC on Ethereum and PayPal USD (PYUSD) on Solana, demonstrating flexibility across leading stablecoins, blockchains and counterparties."Our leading institutional infrastructure enables institutions to seamlessly execute payments and power their crypto businesses," said Brett Tejpaul, Co-CEO of Coinbase Institutional. "By settling insurance premiums using stablecoins, including USDC, we are helping Aon scale their financial operations with speed, transparency, and scalable institutional-grade infrastructure."This work allows Aon to evaluate how regulated stablecoin settlement could integrate into insurance services over time, while maintaining disciplined governance."Financial infrastructure is evolving and Aon is focused on staying ahead of how value moves through the insurance ecosystem," said John King, head of corporate portfolio strategy and treasurer for Aon. "While broader adoption of stablecoins across corporate payments is still emerging, the long-term potential is significant. This work allows us to understand how these mechanisms operate within established systems and frameworks, so we are prepared to evaluate efficiency and cost-savings opportunities over time as the technology matures."For clients operating in digital asset markets, as adoption expands and infrastructure continues to mature, this evolution could enable faster settlement timelines, greater payment efficiency and closer alignment between risk transfer and the movement of capital. Aon's approach is designed to support client choice across regulated providers aligned to evolving regulatory requirements.Adam Ackermann, head of treasury and portfolio management at Paxos, added, "Stablecoins are quickly evolving to become core infrastructure for how businesses manage liquidity, settlements and risk. This collaboration with Aon shows how a regulated stablecoin like PYUSD can be integrated directly into treasury workflows for more efficient capital management. Together, Aon and Paxos are demonstrating that stablecoins are not a future concept, but a practical tool financial institutions can use today to modernize settlement and strengthen risk management."Aon will continue to evaluate stablecoin settlement capabilities and related innovations across insurance services, aligned to regulatory requirements and Aon's commitment to strong governance, risk management and client choice.About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here.About Coinbase
Crypto creates economic freedom by ensuring that people can participate fairly in the economy, and Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom for more than 1 billion people. We're updating the century-old financial system by providing a trusted platform that makes it easy for people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and fast, free global transfers. We also provide critical infrastructure for on chain activity and support builders who share our vision that on chain is the new online. And together with the crypto community, we advocate for responsible rules to make the benefits of crypto available around the world.About Paxos
Paxos is the leading regulated blockchain infrastructure and tokenization platform. Its products are the foundation for a new, open financial system that can operate faster and more efficiently. Today, trillions of dollars are locked in inefficient, outdated financial plumbing that is inaccessible to millions of people. Paxos is re-platforming the financial system to enable assets to instantaneously move anywhere in the world, at any time, in a trustworthy way.Paxos partners with leading global enterprises to tokenize, custody and trade assets. Its blockchain solutions are used by leaders like PayPal, Interactive Brokers, Mastercard, Mercado Libre and Nubank. Paxos is licensed to engage in virtual currency business activity and is the issuer of numerous digital assets including PayPal USD (PYUSD), Pax Dollar (USDP) and Pax Gold (PAXG). Global Dollar (USDG) is issued by Paxos Digital Singapore, which is a Major Payments Institution supervised by the Monetary Authority of Singapore. USDG is also issued by Paxos Issuance Europe under the supervision of FIN-FSA and in compliance with MiCA. USDG is also available on Solana.Prudentially regulated by FIN-FSA in Europe, the OCC in the US, the MAS in Singapore and FSRA in Abu Dhabi Global Market, Paxos is a leading fintech company with more than $500 million raised from leading investors including Oak HC/FT, Declaration Partners, Founders Fund and PayPal Ventures.Aon Media Contact
mediainquiries@aon.com
Toll-free (U.S., Canada and Puerto Rico): +1 833 751 8114
International: +1 312 381 3024Coinbase Media Contact
press@coinbase.comPaxos Media Contact
Becky Mcclain
bmcclain@paxos.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/aon-announces-first-stablecoin-insurance-premium-payment-302707845.htmlSOURCE Aon plc
Original: Aon Announces First Stablecoin Insurance Premium Payment
US Market News
3月前
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.535 Million Tokens, and Total Crypto and Total Cash Holdings of $10.3 BillionMarch 9, 2026 8:30 AM
PR Newswire (US)
Bitmine has 3,040,483 staked ETH, representing $6.0 billion at $1,965 per ETH; MAVAN staking solution on track to launch Q1 2026Bitmine now owns 3.76% of the ETH token supply, over 75% of the way to the 'Alchemy of 5%' in just 8 monthsBitmine recently closed on initial $200 million investment into Beast IndustriesBitmine Crypto + Total Cash Holdings + "Moonshots" total $10.3 billion, including 4.535 million ETH tokens, total cash of $1.2 billion, and other crypto holdingsBitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stockBitmine is the 125th most traded stock in the US, trading $1.0 billion 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 ETHLAS VEGAS, March 9, 2026 /PRNewswire/ -- (NYSE AMERICAN: 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 $10.3 billion.
As of March 8, 2026 at 4:00pm ET, the Company's crypto holdings are comprised of 4,534,563 ETH at $1,965 per ETH (NASDAQ: COIN), 195 Bitcoin (BTC), $200 million stake in Beast Industries, $14 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $1.2 billion. Bitmine's ETH holdings are 3.76% of the ETH supply (of 120.7 million ETH)."Ethereum prices showed resilience this week, in the face of rising war concerns and surging oil prices. We continue to believe that crypto prices are in the late/final stages of the 'mini-crypto winter' and are tracking the base case outlined by Bitmine's advisor, Tom DeMark of DeMark Analytics (aka Symbolik.com). According to DeMark, ETH prices in 2026 are tracking the path of S&P 500 in the fall of 2011 and fall of 1987 closely," said Thomas "Tom" Lee, Chairman of Bitmine."The correlations to these price trajectories is 89% and 93%, for 2011 and 1987, respectively (see charts below). And if these analogs hold, ETH prices bottom between March 8th to March 14th and just below the recent lows of $1,740. Again, consistent with crypto in the final stages of 'mini-crypto winter,'" continued Lee."As the adage goes, nobody 'rings the bell at the bottom' and therefore Bitmine's strategy is to now slightly increase its pace of ETH accumulation. In the past week, we acquired 60,976 ETH compared to an average of 45k to 50k weekly recently," stated Lee.As of March 8, 2026, Bitmine total staked ETH stands at 3,040,483 ($6.0 billion at $1,965 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 ETH staking rewards is $259 million annually (using 2.91% 7-day BMNR yield)," stated Lee."Annualized staking revenues are now $174 million. And this 3.0 million ETH is about 67% of the 4.5 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.84%, while Bitmine's own staking operations generated a 7-day yield of 2.91% (annualized). We continue to make progress on our staking solution known as The Made in America VAlidator Network (MAVAN). This will be the 'best-in-class' solution offering secure staking infrastructure and will be deployed in early calendar 2026. Bitmine is currently working with 3 staking providers as the Company moves towards unveiling MAVAN in 2026," continued Lee.Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which owns 720,737 BTC valued at $48 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 $1.0 billion (5-day average, as of March 6, 2026), ranking #125 in the US, behind Eaton (rank #124) and ahead of United Airlines (rank #126) 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-messageThe 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 AMERICAN: 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 will launch MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in Q1 of 2026.For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
https://x.com/bmnrinternForward 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 progress and achievement of the Company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company. 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 and proposed future business; the competitive environment of Bitmine's business; 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-535-million-tokens-and-total-crypto-and-total-cash-holdings-of-10-3-billion-302708118.htmlSOURCE Bitmine Immersion Technologies, Inc.
Original: Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.535 Million Tokens, and Total Crypto and Total Cash Holdings of $10.3 Billion
iHub News
3月前
Bitcoin Holds Near $68K as Trump Voices Support While Iran Tensions Weigh on CryptoMarch 4, 2026 5:46 AM
IH Market News
Bitcoin (COIN:BTCUSD) traded largely steady on Wednesday, drawing limited support after U.S. President Donald Trump called for stronger regulatory backing for the cryptocurrency sector.However, ongoing concerns surrounding the conflict between the United States and Iran — and the potential inflationary consequences of the situation — continued to weigh on digital assets, curbing momentum after a brief rebound earlier in the week.Bitcoin was little changed at $68,147.8 as of 01:30 ET. The world’s largest cryptocurrency had climbed toward $69,000 earlier this week before giving back part of those gains.
Trump criticizes banks over stablecoin legislation, CLARITY act delays
In a social media post Tuesday evening, Trump accused major U.S. banks of attempting to weaken the GENIUS Act — legislation aimed at regulating stablecoins — by delaying the progress of another key cryptocurrency bill, the CLARITY Act, in the U.S. Senate.“Banks are hitting record profits, and we are not going to allow them to undermine our powerful Crypto Agenda that will end up going to China, and other Countries if we don’t get The Clarity Act taken care of,” Trump said.“The Banks should not be trying to undercut The Genius Act, or hold The Clarity Act hostage. They need to make a good deal with the Crypto Industry,” the president said.According to a Politico report, Trump privately met with Coinbase Global Inc (NASDAQ:COIN) Chief Executive Brian Armstrong shortly before publishing the message. Armstrong has publicly opposed proposals to ban yield payments on stablecoins.The GENIUS Act was approved by Congress in June 2025 to establish regulatory oversight for stablecoins. The law prevents issuers such as Tether from directly paying yields to holders of their tokens.However, third-party services — including cryptocurrency exchanges — remain able to provide yield opportunities to stablecoin users, a provision that major banking groups argue represents a regulatory loophole.Banking lobby groups have pushed for a ban on all stablecoin yield payments to be included in the CLARITY Act, a separate piece of legislation designed to establish a broader regulatory framework for cryptocurrency markets.Although the House of Representatives approved the bill in July, it has yet to pass the Senate. Disagreements over the treatment of yield payments have been a key reason for the delay, with large banks arguing that stablecoin yield should face the same regulatory standards as traditional bank interest payments.
Crypto prices today: altcoins move sideways as Iran tensions persist
The broader cryptocurrency market traded within a narrow range on Wednesday. While optimism over potential regulatory clarity in the United States offered some support, investor appetite for risk remained limited due to ongoing geopolitical tensions in the Middle East.Reports indicated that hostilities involving the United States, Israel, and Iran entered a fifth consecutive day on Wednesday, with military operations against Tehran continuing.Concerns about the potential inflationary impact of the conflict — particularly if it disrupts global oil supplies — have weighed heavily on financial markets, increasing fears that persistent inflation could push major central banks toward a more hawkish policy stance.As a result, risk-sensitive assets including cryptocurrencies saw only modest movement.The world’s second-largest cryptocurrency, Ether, fell 1% to $1,979.99, while XRP slipped 0.2% to $1.3594.Solana and BNB traded largely unchanged, while Cardano underperformed with a decline of about 3%.Among meme coins, Dogecoin dropped 2.6%, while the $TRUMP token fell 3.4%.Bitcoin price
Original: Bitcoin Holds Near $68K as Trump Voices Support While Iran Tensions Weigh on Crypto
US Market News
3月前
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.474 Million Tokens, and Total Crypto and Total Cash Holdings of $9.9 BillionMarch 2, 2026 8:30 AM
PR Newswire (Canada)
Bitmine has 3,040,483 staked ETH, representing $6.0 billion at $1,976 per ETH; MAVAN staking solution on track to launch Q1 2026Bitmine now owns 3.71% of the ETH token supply, over 74% of the way to the 'Alchemy of 5%' in just 8 monthsBitmine recently closed on initial $200 million investment into Beast IndustriesBitmine Crypto + Total Cash Holdings + "Moonshots" total $9.9 billion, including 4.474 million ETH tokens, total cash of $868 million, and other crypto holdingsBitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stockBitmine is the 145th most traded stock in the US, trading $0.8 billion 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 ETHLAS VEGAS, March 2, 2026 /CNW/ -- (NYSE AMERICAN: 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 $9.9 billion.
As of March 1, 2026 at 2:00pm ET, the Company's crypto holdings are comprised of 4,473,587 ETH at $1,976 per ETH (NASDAQ: COIN), 195 Bitcoin (BTC), $200 million stake in Beast Industries, $14 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $868 million. Bitmine's ETH holdings are 3.71% of the ETH supply (of 120.7 million ETH)."Bitmine continues to methodically execute our Ethereum treasury strategy as we move our way through the later stages of this 'mini crypto winter.' Geopolitical uncertainty has risen in the past few days, as the US has commenced combat operations against Iran, and the impact on financial and digital asset markets will be felt in the coming weeks. We continue to steadily acquire ETH and optimize the yield on our ETH holdings," said Thomas "Tom" Lee, Chairman of Bitmine."In the past week, we acquired 50,928 ETH," continued Lee. "Bitmine has been buying Ethereum, as we view this pullback as attractive, given the strengthening fundamentals. In our view, the price of ETH is not reflective of the high utility of ETH and its role as the future of finance."As of March 1, 2026, Bitmine total staked ETH stands at 3,040,483 ($6.0 billion at $1,976 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 ETH staking rewards is $253 million annually (using 2.86% 7-day BMNR yield)," stated Lee."Annualized staking revenues are now $172 million. And this 3.0 million ETH is about 68% of the 4.5 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.83%, while Bitmine's own staking operations generated a 7-day yield of 2.86% (annualized). We continue to make progress on our staking solution known as The Made in America VAlidator Network (MAVAN). This will be the 'best-in-class' solution offering secure staking infrastructure and will be deployed in early calendar 2026. Bitmine is currently working with 3 staking providers as the Company moves towards unveiling MAVAN in 2026," continued Lee.Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which owns 717,722 BTC valued at $47 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 $0.8 billion (5-day average, as of February 27, 2026), ranking #145 in the US, behind Datadog (rank #144) and ahead of Expedia Group (rank #146) 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-messageThe 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 AMERICAN: 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 will launch MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in Q1 of 2026.For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
https://x.com/bmnrinternForward 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 progress and achievement of the Company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company. 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 and proposed future business; the competitive environment of Bitmine's business; 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-474-million-tokens-and-total-crypto-and-total-cash-holdings-of-9-9-billion-302700582.htmlSOURCE Bitmine Immersion Technologies, Inc.
Original: Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.474 Million Tokens, and Total Crypto and Total Cash Holdings of $9.9 Billion
US Market News
3月前
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.474 Million Tokens, and Total Crypto and Total Cash Holdings of $9.9 BillionMarch 2, 2026 8:30 AM
PR Newswire (US)
Bitmine has 3,040,483 staked ETH, representing $6.0 billion at $1,976 per ETH; MAVAN staking solution on track to launch Q1 2026Bitmine now owns 3.71% of the ETH token supply, over 74% of the way to the 'Alchemy of 5%' in just 8 monthsBitmine recently closed on initial $200 million investment into Beast IndustriesBitmine Crypto + Total Cash Holdings + "Moonshots" total $9.9 billion, including 4.474 million ETH tokens, total cash of $868 million, and other crypto holdingsBitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stockBitmine is the 145th most traded stock in the US, trading $0.8 billion 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 ETHLAS VEGAS, March 2, 2026 /PRNewswire/ -- (NYSE AMERICAN: 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 $9.9 billion.
As of March 1, 2026 at 2:00pm ET, the Company's crypto holdings are comprised of 4,473,587 ETH at $1,976 per ETH (NASDAQ: COIN), 195 Bitcoin (BTC), $200 million stake in Beast Industries, $14 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash of $868 million. Bitmine's ETH holdings are 3.71% of the ETH supply (of 120.7 million ETH)."Bitmine continues to methodically execute our Ethereum treasury strategy as we move our way through the later stages of this 'mini crypto winter.' Geopolitical uncertainty has risen in the past few days, as the US has commenced combat operations against Iran, and the impact on financial and digital asset markets will be felt in the coming weeks. We continue to steadily acquire ETH and optimize the yield on our ETH holdings," said Thomas "Tom" Lee, Chairman of Bitmine."In the past week, we acquired 50,928 ETH," continued Lee. "Bitmine has been buying Ethereum, as we view this pullback as attractive, given the strengthening fundamentals. In our view, the price of ETH is not reflective of the high utility of ETH and its role as the future of finance."As of March 1, 2026, Bitmine total staked ETH stands at 3,040,483 ($6.0 billion at $1,976 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 ETH staking rewards is $253 million annually (using 2.86% 7-day BMNR yield)," stated Lee."Annualized staking revenues are now $172 million. And this 3.0 million ETH is about 68% of the 4.5 million ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.83%, while Bitmine's own staking operations generated a 7-day yield of 2.86% (annualized). We continue to make progress on our staking solution known as The Made in America VAlidator Network (MAVAN). This will be the 'best-in-class' solution offering secure staking infrastructure and will be deployed in early calendar 2026. Bitmine is currently working with 3 staking providers as the Company moves towards unveiling MAVAN in 2026," continued Lee.Bitmine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which owns 717,722 BTC valued at $47 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 $0.8 billion (5-day average, as of February 27, 2026), ranking #145 in the US, behind Datadog (rank #144) and ahead of Expedia Group (rank #146) 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-messageThe 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 AMERICAN: 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 will launch MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in Q1 of 2026.For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
https://x.com/bmnrinternForward 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 progress and achievement of the Company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company. 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 and proposed future business; the competitive environment of Bitmine's business; 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. Photo - https://mma.prnewswire.com/media/2923084/BMNR_Weekly_Update__English.jpg
Photo - https://mma.prnewswire.com/media/2923085/Bitmine_STAKING__BMNR_now_staking_over_3_million_ETH.jpg
Photo - https://mma.prnewswire.com/media/2923086/Bitmine_ALCHEMY_of_5_percent_BMNR_ranked_145_by_5D_avg_daily__volume.jpg
Logo - https://mma.prnewswire.com/media/2905041/Bitmine_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-474-million-tokens-and-total-crypto-and-total-cash-holdings-of-9-9-billion-302700616.html
Original: Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.474 Million Tokens, and Total Crypto and Total Cash Holdings of $9.9 Billion
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