Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.81 Million Tokens, and Total Crypto and Total Cash Holdings of $11.6 Billion
The company said 5.81 million ETH and other assets lifted its total holdings to $11.6 billion as it continued weekly accumulation and share buybacks.
- On Monday, August 10, 2026, Bitmine Immersion Technologies announced total crypto, cash, and 'moonshot' holdings of $11.6 billion, including 5.81 million ETH tokens and $104 million in marketable securities.
- Bitmine has pursued this accumulation strategy since June 30, 2025, acquiring ETH weekly to reach 4.8% of the total supply; the company is now 96% of the way toward its goal of securing 5% of all ETH.
- Staked ETH holdings stand at 5,067,309, valued at $9.8 billion at $1,928 per ETH, while Bitmine has repurchased 19.1 million shares cumulatively since July 2026 under its $4 billion authorization.
- Despite the announcement, BMNR shares fell 2.44% on Monday to $18.36, facing technical resistance near the 100-day moving average of $18.63 as the recovery stalled.
- Chairman Thomas 'Tom' Lee expects easing financial conditions to serve as "a tailwind for crypto," noting that Federal Reserve rate-hike odds have fallen to 40% from 75% two weeks ago.
22 Articles
22 Articles
BitMine adds another 7,391 ETH as BMNR tests key resistance
BitMine added 7,391 ETH and repurchased three million shares last week, but BMNR stock fell as its recovery ran into resistance near $18.63. BitMine moves closer to its 5% Ethereum target BitMine Immersion Technologies acquired another 7,391 Ethereum (ETH) over…
Bitmine Immersion Technologies (NYSE: BMNR) Acquires 7,391 More Ethereum And Expands Staked ETH Position To 87%
Bitmine Immersion Technologies (NYSE: BMNR) purchased an additional 7,391 Ethereum over the past week, continuing its aggressive cryptocurrency accumulation strategy under Chairman Tom Lee. The latest acquisition brings BMNR’s total holdings to 4.8% of Ethereum’s circulating supply, placing the company 96% of the way toward its stated goal of owning 5% of available ETH. The company has now staked 87% of its total Ethereum holdings, representing …
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The Manila TimesBitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.81 Million Tokens, and Total Crypto and Total Cash Holdings of $11.6 Billion
Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the 'Alchemy of 5%' in just 14 months In July, ETH outperformed...
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.81 Million Tokens, and Total Crypto and Total Cash Holdings of $11.6 Billion - BlockTelegraph
Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the ‘Alchemy of 5%’ in just 14 months In July, ETH outperformed Nasdaq 100 by 2,500 basis points, the largest since July 2025, reflective of the strengthening fundamentals of crypto Bitmine repurchased 3.0 million common stock in the past week, and has repurchased over 19 million shares cumulatively since July 2026 under its previously announced $4 billi…
Could Ethereum lose top buyer as Bitmine nears 5% target?
Ethereum could soon join Bitcoin in losing its biggest and most consistent buyer as Bitmine Immersion Technologies (NASDAQ: BMNR) inched closer to its goal of controlling 5% of all the ETH in circulation after the firm touched 4.8% in its latest disclosure. Bitmine has already started to temper the pace of its accumulation, extending its 58-week buying streak by adding only 7,391 ETH (about $14.2 million) last week. Coincidentally, that was its…
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