Bitmine's Ethereum Holdings Reach 5.81 Million Tokens

Bitmine Immersion Technologies (BMNR) has reached a major milestone in its Ethereum Treasury strategy, with ETH holdings reaching 5.81 million tokens as of August 9, 2026.

This represents 4.8% of the total ETH coin supply of 120.7 million, and puts Bitmine 96% of the way to achieving its 'Alchemy of 5%' goal in just 14 months.

The company's Ethereum holdings have generated significant returns, with an annualized staking revenue projected at $257 million.

Bitmine has also repurchased 3.0 million common stock in the past week, and has cumulatively repurchased over 19 million shares since July 2026 under its previously announced $4 billion share repurchase program.