other material
confidence high
sentiment positive
materiality 0.80
Bitmine reports $11.4B crypto+cash holdings, 5.82M ETH (4.8% of supply), 20.8M shares repurchased
BITMINE IMMERSION TECHNOLOGIES, INC.
- ETH holdings 5,815,164 tokens (4.8% of 120.7M supply) at $1,893/ETH; total crypto+cash+marketable securities+moonshots $11.4B.
- Repurchased 1.7M shares past week; cumulative 20.8M shares since July 2026 under $4B buyback program.
- Staked ETH 5,067,309 ($9.6B); projected annualized staking reward $287M, annualized staking revenues $250M, 7-day yield 2.61%.
- Added to Russell 1000 on June 26, 2026; owns $73M Eightco (ORBS) and $180M Beast Industries stake.
- Institutional backers include ARK's Cathie Wood, Founders Fund, Pantera, Kraken, DCG, Galaxy Digital, Tom Lee.