Ether treasury company Bitmine Immersion Technologies bought another 10,399 Ether last week and repurchased 4.5 million of its shares as it maintained its crypto accumulation and stock-buyback scheme.
On Monday, Bitmine announced it had 5,797,813 Ether (ETH) worth $10.9 billion. The business stated its ETH holdings constitute around 4.8% of Ether’s 120.7 million circulation supply. Bitmine is seeking a target of 5% of the entire ETH supply.
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BitMine provided its latest holdings update for August 3, 2026$11.3 billion in total crypto + “moonshots”:
– 55,797,813 ETH at $1,880 per ETH per ETH (per @coinbase)
– 209 Bitcoin (BTC)
– $180 million stake in Beast Industries @MrBeast
– $61 million stake in Eightco…— Bitmine (NYSE-BMNR) $ETH (@BitMNR) August 3, 2026
In addition, the corporation possessed 209 Bitcoin (BTC), $173 million in cash and marketable securities, and stock in Eightco Holdings and Beast Industries. Its aggregate crypto, cash, equities and other interests were valued at $11.3 billion.
According to Bitmine, since July 1, it has repurchased 16.1 million common shares as part of its previously approved $4 billion buyback program. The 4.5 million shares that were bought last week are included in this.
The most recent revelation comes after Bitmine stated on July 28 that it had purchased about 10,000 ETH. The business stated at the time that their validator activities accounted for about 85% of its ETH holdings.
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