Bitmine Immersion Technologies Surpasses $15 Billion in Crypto and Cash Holdings with ETH Tokens
Bitmine Immersion Technologies Reaches New Heights in Crypto Holdings
On October 26, 2026, Bitmine Immersion Technologies (BMNR) revealed that its holdings in Ethereum (ETH) have skyrocketed to approximately 6.05 million tokens. The company announced that its total assets, which include cryptocurrencies, cash, and marketable securities, now exceed an astounding $15 billion.
Share Buyback Program
Adding to its list of accomplishments, Bitmine disclosed that it had bought back 2.04 million shares last week, bringing its total share repurchases for the year to 22.9 million. This unprecedented buyback reflects a strong commitment to shareholder value, making it the largest stock buyback ever executed by a cryptocurrency treasury firm. The company spent about $399.6 million to buy back shares, with an average price of $17.48.
ETH Holdings and Market Position
Bitmine now holds 4.95% of the total supply of ETH, equivalent to 122.2 million units. This puts the firm on the verge of fulfilling its ambitious goal of acquiring 5% of total ETH, also referred to as the
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