other material
confidence high
sentiment positive
materiality 0.85
Bitmine reports ETH holdings of 5.78M tokens (4.8% of supply); total crypto+cash $11.5B
BITMINE IMMERSION TECHNOLOGIES, INC.
- ETH holdings: 5,777,468 ETH ($10.9B at $1,879/ETH); 4.8% of total ETH supply of 120.7M.
- Total crypto + cash & marketable securities + 'moonshots' = $11.5B, including $385M cash.
- Repurchased 5.5M common shares in past week at avg $15.62 under $4B buyback program.
- Staked ETH: 4,917,189 ETH ($9.2B); annualized staking revenue projected at $247M.
- Added to Russell 1000 Large-cap index on June 26, 2026; BMNP preferred stock trades on NYSE.