Alchemy is a web3 development platform designed to make it easy to build and scale your dApp. The goal of Alchemy is to be the go-to place for developers looking to create products on top of a blockchain or mainstream blockchain applications. Its developer platform strives to reduce the complexity and costs associated with building infrastructure, while providing developers with the necessary tools to improve their applications.
According to PR Newswire, Bitmine Immersion Technologies (NYSE: BMNR) announced that, as of April 12, 2026, it holds 4.875 million ETH (approximately $10.75 billion), representing 4.04% of the total ETH supply—achieving 81% of its “5% Alchemy” target. Concurrently, the company holds 198 BTC, $719 million in cash, and other investments, bringing its total crypto assets and cash to $11.8 billion. Regarding staking, the company currently stakes 3.335 million ETH (approximately $7.36 billion) via its proprietary MAVAN (Made-in-America Verified Network) platform. Its annualized staking revenue is projected at $310 million, with a 7-day annualized yield of 2.89%, exceeding the industry benchmark CESR of 2.73%.
According to Bitmine’s disclosure, Bitmine Immersion Technologies (NYSE: BMNR) officially upgraded to the NYSE Main Board on April 9, 2026, retaining its ticker symbol. Concurrently, the Board approved expanding the share repurchase authorization from $1 billion to $4 billion, placing it among the top ten announced buyback programs of 2026. As of April 6, the company held approximately 4.803 million ETH—representing 3.98% of Ethereum’s total supply—and had completed over 79% of its “5% Alchemy” target. The company’s total crypto assets, cash, and other assets amounted to approximately $11.4 billion.