Bitmine Immersion Technologies provided an operational update, announcing total holdings of $11.8 billion as of July 26, 2026. The company's digital asset treasury now includes 5.79 million Ethereum (ETH) tokens, which represents 4.8% of the total ETH supply, bringing it close to its strategic goal of owning 5%.

Key Details

  • Total Holdings: $11.8 billion, comprising 5,787,414 ETH, 208 BTC, $268 million in cash and marketable securities, and other investments.
  • Staking Operations: Approximately 4.92 million ETH (85% of its total) are staked, valued at $9.6 billion and projecting $254 million in annualized staking revenue.
  • Share Repurchase: The company repurchased 6.1 million common shares in the past week as part of its previously announced $4 billion share repurchase program.