Bitmine Holdings Top $11B, Staking Revenues Projected at $250M
Bitmine Immersion Technologies, Inc. has announced its cryptocurrency and cash holdings, totaling $11.4 billion as of August 16, 2026.
The company's holdings include 5,815,164 ETH valued at $1,893 per token based on Coinbase pricing, representing 4.8% of the total ETH supply of 120.7 million.
Bitmine also holds additional assets such as 210, a $180 million stake in Beast Industries, a $73 million stake in Eightco Holdings (), and $78 million in cash and marketable securities.
The company has repurchased 1.7 million shares of common stock in the past week, bringing total repurchases to over 20.8 million shares since July 2026 under its $4 billion share repurchase program.