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Get filing alertsBitmine discloses $11.3B Ethereum treasury, $254M staking revenue run rate, 11.6M shares repurchased
Filed July 27, 2026 · Period ending July 27, 2026 · ~1 min read
Key Changes
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Holds 5.79M ETH tokens valued at $11.3B (4.8% of total ETH supply), making it the world's largest Ethereum treasury holder; total crypto and cash holdings reach $11.8B including Bitcoin, equity stakes, and $268M cash.
Exhibit 99.1 view on EDGAR → -
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Staked 4.9M ETH (85% of holdings) generating $254M annualized revenue at 2.65% yield through MAVAN platform; full-scale staking could reach $299M annually.
Exhibit 99.1 view on EDGAR → -
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Repurchased 11.6M shares since July 1 under $4B authorization, including 6.1M shares in past week (up from 5.5M prior week); management claims largest buyback among digital asset treasury companies.
Exhibit 99.1 view on EDGAR → -
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Acquired 9,946 ETH in past week, maintaining continuous weekly purchases since launching ETH Treasury Strategy on June 30, 2025.
Exhibit 99.1 view on EDGAR → -
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Added to Russell 1000 Large-cap index on June 26, 2026, typically increasing institutional ownership and liquidity.
Exhibit 99.1 view on EDGAR →
Summary
Bitmine disclosed its position as the world's largest Ethereum treasury holder with 5.79 million ETH tokens valued at $11.3 billion at $1,948 per token, representing 4.8% of total ETH supply. The company has staked 85% of these holdings (4.9 million ETH) through its MAVAN platform, generating an annualized revenue run rate of $254 million at a 2.65% yield. Total crypto and cash holdings reach $11.8 billion including 208 Bitcoin, equity stakes in Beast Industries ($180M) and Eightco Holdings ($61M), and $268 million in cash and marketable securities.
The company accelerated share repurchases to 6.1 million shares in the past week (up from 5.5 million the prior week), bringing total buybacks since July 1 to 11.6 million shares under its $4 billion authorization. Bitmine continues weekly ETH acquisitions (9,946 tokens last week) since launching its treasury strategy in June 2025, and was added to the Russell 1000 index on June 26, 2026. Retail holders should monitor the sustainability of staking yields and the company's ability to maintain its treasury accumulation strategy amid Ethereum price volatility, as the business model concentrates significant value in a single volatile asset.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
Bitmine issued a press release announcing an operational update under Regulation FD disclosure.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
On July 27, 2026, Bitmine Immersion Technologies, Inc. (the “Company”) issued a press release (the “Press Release”) announcing an update on the Company’s operations.
The company issued a press release providing an operational update. The 8-K body does not disclose the substance of the update; it references Exhibit 99.1 which is not included in the provided text. The disclosure is made under Item 7.01 (Regulation FD), meaning the information is being publicly released to comply with fair disclosure rules.
Event · Exhibit 99.1
Bitmine announces ETH holdings of 5.79M tokens ($11.3B), repurchased 6.1M shares in past week, and staked 4.9M ETH generating $254M annualized revenue.
Added in current filing · view on EDGAR →
As of July 26, 2026 at 7:00pm ET, the Company’s crypto holdings are comprised of 5,787,414 ETH at $1,948 per ETH (per Coinbase NASDAQ: COIN), 208 Bitcoin (BTC), $180 million stake in Beast Industries, $61 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and total cash & marketable securities of $268 million. Bitmine’s ETH holdings are 4.8% of the ETH supply (of 120.7 million ETH).
Bitmine disclosed total crypto and cash holdings of $11.8 billion, including 5.79 million ETH tokens valued at $11.3 billion (at $1,948 per token), representing 4.8% of total ETH supply. The company also holds 208 Bitcoin, $180 million in Beast Industries, $61 million in Eightco Holdings, and $268 million in cash and marketable securities. This positions Bitmine as the world's largest Ethereum treasury holder.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 28, 2026 · How we verify