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Get filing alertsBitmine discloses 5.81M ETH holdings ($11.2B), 19M shares repurchased, $257M staking revenue
Filed August 10, 2026 · Period ending August 10, 2026 · ~1 min read
Key Changes
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Bitmine holds 5.81M ETH tokens valued at $11.2B (4.8% of total ETH supply), plus 209 BTC, $180M in Beast Industries, $69M in Eightco Holdings, and $104M cash—totaling $11.6B in crypto and liquid assets.
Exhibit 99.1 view on EDGAR → -
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Company repurchased 19.1M common shares since July 1, 2026 under its $4B buyback program, including 3M shares in the past week, citing management's view that shares are undervalued.
Exhibit 99.1 view on EDGAR → -
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Bitmine has staked 5.07M ETH (87% of holdings) generating $257M in projected annualized staking revenue at a 7-day yield of 2.63%; at full scale through MAVAN partners, projected staking rewards would reach $294M annually.
Exhibit 99.1 view on EDGAR → -
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Company acquired 7,391 ETH in the past week and has purchased ETH every week for 14 months since launching its Ethereum Treasury Strategy on June 30, 2025; now 96% of the way to its 5% supply target.
Exhibit 99.1 view on EDGAR → -
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Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026, potentially increasing institutional ownership through index-tracking funds.
Exhibit 99.1 view on EDGAR →
Summary
Bitmine disclosed a substantial crypto treasury position and aggressive capital deployment strategy. The company holds 5.81 million ETH tokens worth $11.2 billion at current prices, representing 4.8% of total Ethereum supply and positioning it as the world's largest Ethereum treasury. Combined with Bitcoin, equity stakes, and cash, total holdings reach $11.6 billion.
The company has staked 87% of its ETH (5.07 million tokens) and is generating $257 million in projected annualized staking revenue at a 2.63% yield, with potential to reach $294 million at full scale. Simultaneously, Bitmine has executed an aggressive share repurchase program, buying back 19.1 million shares since July 1, 2026 under its $4 billion authorization.
Management characterizes this as the largest buyback ever by a crypto treasury company and states it reflects their view that shares are undervalued. The dual strategy of accumulating ETH weekly (7,391 tokens purchased in the past week alone) while repurchasing shares suggests management sees value in both the underlying crypto asset and its own equity. Retail holders should monitor whether the staking revenue projections materialize and how the company balances continued ETH accumulation against share buybacks as the treasury approaches its 5% supply target.
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 10, 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 this filing excerpt.
Event · Exhibit 99.1
Bitmine announces ETH holdings of 5.81M tokens ($11.2B), repurchased 19M shares under $4B buyback, and projects $294M annual staking revenue.
Added in current filing · view on EDGAR →
As of August 9, 2026 at 6:30pm ET, the Company’s crypto holdings are comprised of 5,805,238 ETH at $1,928 per ETH (per Coinbase NASDAQ: COIN), 209 Bitcoin (BTC), $180 million stake in Beast Industries, $69 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and total cash & marketable securities of $104 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 $11.6 billion, including 5.81 million ETH tokens valued at $11.2 billion (at $1,928 per token), representing 4.8% of total ETH supply. The company also holds 209 Bitcoin, $180 million in Beast Industries, $69 million in Eightco Holdings, and $104 million in cash and marketable securities. This positions Bitmine as the world's largest Ethereum treasury and second-largest global crypto treasury behind Strategy Inc.
Added in current filing · view on EDGAR →
“Over the past week, we acquired 7,391 ETH. Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025 about 14 months ago,” stated Lee.
Bitmine acquired 7,391 ETH in the past week and has purchased ETH every week for 14 months since launching its Ethereum Treasury Strategy on June 30, 2025. The company is 96% of the way to its stated goal of acquiring 5% of total ETH supply, currently holding 4.8% of the 120.7 million ETH in circulation.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 11, 2026 · How we verify