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8-K2026-07-27· deepseek-v4-flash

BMNR · Bitmine Immersion Technologies, Inc.

0001493152-26-034720

SEC filing

Summary

Bitmine announces ETH holdings reach 5.79 million tokens, total crypto and cash holdings of $11.8 billion, and repurchased 6.1 million shares in the past week.

Key takeaways

Full analysis

Bitmine Immersion Technologies disclosed significant operational milestones in a July 27, 2026 press release. The company now holds 5,787,414 ETH (4.8% of total supply), valued at approximately $11.3 billion at $1,948 per ETH, plus 208 Bitcoin, $180 million stake in Beast Industries, $61 million in Eightco Holdings, and $268 million in cash and marketable securities, totaling $11.8 billion. Bitmine repurchased 6.1 million common shares in the past week, accelerating its buyback program, and has bought ETH every week since June 30, 2025. The company's addition to the Russell 1000 Large-cap index signals increased institutional recognition. Additionally, its staked ETH of 4,917,189 tokens (85% of holdings) is expected to generate annualized staking revenues of approximately $254 million. These updates reinforce Bitmine's strategy as the largest Ethereum treasury among public companies, with aggressive capital deployment toward ETH accumulation and share repurchases.