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Get filing alertsBitmine discloses 5.8M ETH holdings ($11.3B crypto/cash), 4.5M share buyback, staking revenue
Filed August 3, 2026 · Period ending August 3, 2026 · ~1 min read
Key Changes
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Bitmine holds 5.8M ETH ($1,880/token), 209 BTC, $180M Beast Industries, $61M Eightco, $173M cash—$11.3B total. ETH position is 4.8% of total supply.
Exhibit 99.1 view on EDGAR → -
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Repurchased 4.5M shares in past week; 16.1M shares total since July 1 under $4B authorization. Management views shares as attractively valued.
Exhibit 99.1 view on EDGAR → -
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Staked 4.9M ETH (85% of holdings) generating 2.67% annualized yield; current staking revenue projected at $247M annually, rising to $291M at full scale.
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 → -
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Acquired 10,399 ETH in past week; has purchased ETH every week since launching Ethereum Treasury Strategy on June 30, 2025.
Exhibit 99.1 view on EDGAR →
Summary
Bitmine disclosed total crypto and cash holdings of $11.3 billion, anchored by 5.8 million ETH tokens valued at $1,880 each—representing 4.8% of total Ethereum supply and approaching the company's stated 5% accumulation target.
The company has staked 85% of its ETH holdings (4.9 million tokens) through its MAVAN platform, generating a 2.67% annualized yield and $247 million in projected annual staking revenue, with potential to reach $291 million at full deployment. Bitmine continues weekly ETH purchases (10,399 tokens acquired in the past week) and has maintained this cadence since launching its Ethereum Treasury Strategy in June 2025.
Concurrently, the company repurchased 4.5 million shares in the past week and 16.1 million shares since July 1 under a $4 billion authorization, with management characterizing the stock as attractively valued. The dual capital allocation—accumulating ETH while buying back equity—positions Bitmine as both a leveraged Ethereum proxy and an active capital return vehicle. The June Russell 1000 addition should broaden the institutional holder base. Retail holders gain visibility into the treasury's scale and the staking operation's revenue contribution, both central to the investment thesis for a digital-asset treasury company.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
Company issued a press release announcing an operational update under Regulation FD.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
On August 3, 2026, Bitmine Immersion Technologies, Inc. (the “Company”) issued a press release (the “Press Release”) announcing an update on the Company’s operations.
The company disclosed an operational update via press release under Regulation FD. The 8-K body does not specify the content of the update; details would be in the attached Exhibit 99.1 press release, which was not provided in the filing text.
Event · Exhibit 99.1
Bitmine announces 5.8M ETH holdings ($11.3B total crypto/cash), 4.5M share buyback, and Russell 1000 addition.
Added in current filing · view on EDGAR →
As of August 2, 2026 at 4:00pm ET, the Company’s crypto holdings are comprised of 5,797,813 ETH at $1,880 per ETH (per Coinbase NASDAQ: COIN), 209 Bitcoin (BTC), $180 million stake in Beast Industries, $61 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and total cash & marketable securities of $173 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 $11.3 billion, including 5.8 million ETH tokens valued at $1,880 each, representing 4.8% of total ETH supply. The company also holds 209 Bitcoin, $180 million in Beast Industries, $61 million in Eightco Holdings, and $173 million in cash and marketable securities. This represents progress toward the company's stated goal of acquiring 5% of total ETH supply.
Added in current filing · view on EDGAR →
“Over the past week, we acquired 10,399 ETH. Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025,” stated Lee.
The company acquired 10,399 ETH in the past week and has maintained weekly ETH purchases since launching its Ethereum Treasury Strategy on June 30, 2025. This demonstrates continued execution of the company's core digital asset accumulation strategy.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 3, 2026 · How we verify