Bitmine Reaches 5.8 Million Ethereum Tokens, Total Holdings Exceed $11.3 Billion

Bitmine Immersion Technologies (BMNR) has announced that its Ethereum holdings have reached 5.8 million tokens, representing 4.8% of the total ETH coin supply of 120.7 million.

The company's crypto and cash holdings now total $11.3 billion, including $173 million in total cash & marketable securities, and other crypto holdings.

Bitmine has been actively buying back its shares, repurchasing 4.5 million common stock over the past week under a previously authorized $4 billion share repurchase program.

The company's Chairman, Thomas 'Tom' Lee, stated that since July 1, 2026, Bitmine has repurchased 16.1 million shares of common stock, making it the largest ever executed by any Ethereum or crypto Digital Asset Treasury.