Bitmine Immersion Technologies reports $11.3B crypto and cash holdings, 5.8M ETH and major buybacks
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Bitmine Immersion Technologies reported crypto plus cash and marketable securities holdings of $11.3 billion, including 5.8 million ETH.
Key Highlights:
- Holds 5,797,813 ETH (4.8% of 120.7M supply) valued at $1,880 each, contributing to $11.3B total holdings.
- Total crypto, cash, marketable securities and “moonshots” equal $11.3B, including $173M cash/securities.
- Has 4,917,189 staked ETH (~$9.2B) via MAVAN; 7-day yield 2.67%, projected annualized staking revenues ~$247M.
- Repurchased 4.5M common shares last week, totaling 16.1M shares repurchased under a $4B buyback program.
- Added to Russell 1000 Large-cap; Series A Preferred trades on NYSE under symbol BMNP.
Original SEC Filing: BITMINE IMMERSION TECHNOLOGIES, INC. [ BMNR ] - 8-K - Aug. 03, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.