Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.05 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $15 Billion
PR Newswire•26/10/2026•08:30 ET
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Key Highlights
- ➤$15 billion total crypto, cash, securities and moonshot holdings announced
- ➤6,051,933 ETH equals 4.95% of total ETH supply
- ➤22.9 million common shares repurchased in 2026 for $399.6 million
- ➤5,227,037 ETH staked, valued at $12.3 billion
- ➤2.04 million shares repurchased past week at $22.48 average
Expert Statements
Thomas "Tom" Lee, Chairman of Bitmine Immersion Technologies
“Crypto got pulled down by the same 'risk off' forces behind the AI sell-off. In contrast to late-2025 and early 2026, crypto pullbacks have been comparatively shallow. ETH has fallen 13% from its recent peak while US semiconductors ($SOXX) is down 20% in that same timeframe. We believe this is further evidence that a crypto bull market is underway”
Thomas "Tom" Lee, Chairman of Bitmine Immersion Technologies
“Bitmine executed equity buybacks in the past week, acquiring 2.04 million shares, repurchased at an average price of $22.48. When management believes Bitmine shares are relatively undervalued, the Company intends to accretively repurchase shares, subject to market conditions and under the existing repurchase authorization. Optimizing shareholder value remains our top objective”
Thomas "Tom" Lee, Chairman of Bitmine Immersion Technologies
“This is the largest crypto treasury company common equity buyback ever executed, and reflects our commitment to shareholders”
Thomas "Tom" Lee, Chairman of Bitmine Immersion Technologies
“We believe Bitmine is positioned to outperform the crypto bull market that we expect to be coming, as the Company has strengthened its competitive position over the past year in the midst of a crypto winter (bear market)”
Thomas "Tom" Lee, Chairman of Bitmine Immersion Technologies
“Over the past week, we acquired 10,452 ETH. Bitmine's track record of consistent buying of crypto is unmatched by any public company in the world. Bitmine has bought ETH each and every week since the inception of the ETH Treasury Strategy on June 30, 2025”
Thomas "Tom" Lee, Chairman of Bitmine Immersion Technologies
“Bitmine has staked more ETH than other entities in the world. At scale (assuming Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward would be $368 million on an annualized basis (using 2.58% 7-day BMNR yield). This compares to annualized staking revenues at $318 million based upon 5.2 million staked ETH (86% of the 6.05 million ETH held by Bitmine)”
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.05 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $15 Billion PR Newswire
Bitmine has repurchased a cumulative 22.9 million shares so far in 2026, the largest ever crypto treasury company equity buyback executed
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