Bitmine reports 5.8M ETH holdings, total assets at $11.3B

Bitmine Immersion Technologies (NYSE: BMNR) reported holdings of 5,797,813 Ethereum tokens as of August 2, 2026, valued at approximately $10.9 billion at $1,880 per ETH, according to a company press release. The figure represents 4.8% of the total ETH supply of 120.7 million tokens.

Combined crypto holdings, cash and marketable securities, and other investments totaled $11.3 billion. The company also holds 209 Bitcoin, a $180 million stake in Beast Industries, a $61 million stake in Eightco Holdings (NASDAQ: ORBS), and $173 million in cash and marketable securities.

Of the total ETH held, 4,917,189 tokens, valued at $9.2 billion, are staked through the company's MAVAN (Made in America Validator Network) platform and staking partners. The company reported a 7-day annualized staking yield of 2.67%, with projected annualized staking revenues of $247 million.

Bitmine repurchased 4.5 million shares of common stock in the week ended August 2, bringing total repurchases to 16.1 million shares since July 1, 2026, under a previously authorized $4 billion share repurchase program.

"In July, ETH outperformed the Nasdaq 100 by 2,500bp (or 25 percentage points). This is the largest outperformance since July 2025," said Thomas Lee, Chairman of Bitmine.

The company acquired 10,399 ETH during the most recent week and states it has purchased ETH every week since initiating its ETH treasury strategy on June 30, 2025.

Bitmine was added to the Russell 1000 Large-Cap Index on June 26, 2026. The company's Series A Preferred Stock trades on the NYSE under the symbol BMNP.

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