Bitmine Immersion Technologies, Inc. issued a press release on October 26, 2026, disclosing total assets of $15 billion, a weekly share repurchase of 2.04 million shares, and updated Ethereum holdings of 6,051,933 ETH as of October 25, 2026.

Key Highlights

  • Weekly repurchase: Bitmine acquired 2.04 million shares at an average price of $22.48 during the most recent week covered by the filing.
  • Year-to-date buybacks: The company repurchased 22.9 million common shares in 2026 at an average price of $17.48, totaling $399.6 million.
  • ETH holdings: As of October 25, 2026, Bitmine held 6,051,933 ETH, representing 4.95% of total ETH supply across 122.2 million ETH, priced at $2,356 per ETH according to Coinbase.
  • Staking position: Bitmine had 5,227,037 ETH in staking as of October 25, 2026, valued at $12.3 billion at $2,356 per ETH.
  • Total assets: Crypto holdings, cash, marketable securities, and "moonshot" investments combined to $15 billion, including $514 million in cash and marketable securities.
  • Eightco stake: Bitmine held a $76 million position in Eightco Holdings (NASDAQ:ORBS) as of the filing date.
  • Russell 1000 inclusion: Bitmine was added to the Russell 1000 large-cap index on June 26, 2026, according to the filing.

Bitmine Reports $15 Billion in Assets and Record 2026 Share Repurchases

According to the October 26, 2026 announcement, Bitmine Immersion Technologies, Inc. (NYSE:BMNR), headquartered in Norwalk, Connecticut, disclosed that its total assets - comprising cryptocurrencies, treasury holdings, marketable securities, and "moonshot" investments - reached $15 billion. The company's ETH holdings of 6,051,933 units, valued using a CoinBase price of $2,356 per ETH, represent 4.95% of the total ETH supply of 122.2 million tokens. Bitmine also holds 215 Bitcoin, a $180 million participation in Beast Industries, and a $76 million position in Eightco Holdings (NASDAQ:ORBS), which the filing describes as among "the only publicly traded stocks in the world offering investors indirect exposure to OpenAI."

The filing attributes the following statement to Thomas "Tom" Lee, Chairman of Bitmine: "Bitmine conducted share repurchases last week, acquiring 2.04 million shares, repurchased at an average price of $22.48." For the full year 2026, the company disclosed it repurchased 22.9 million common shares at an average of $17.48, totaling $399.6 million, which Lee described as "the largest common stock repurchase ever completed by a crypto treasury company." The filing states repurchases are subject to market conditions and the existing repurchase authorization.

On the staking side, Bitmine reported 5,227,037 ETH staked as of October 25, 2026, through its MAVAN (Made in America VAlidator Network) platform and staking partners. The filing states that annualized staking rewards, assuming all Bitmine ETH were fully staked, would be approximately $368 million based on a 7-day BMNR yield of 2.58%. On the basis of 5.2 million ETH staked (86% of holdings), annualized staking revenues are cited as approximately $318 million. The filing also notes that Bitmine's Series A Preferred Stock trades on the New York Stock Exchange under the symbol BMNP. The filing contains forward-looking statements, which the company cautions are subject to its cautionary language under the Private Securities Litigation Reform Act of 1995.

What Was Disclosed

Bitmine disclosed $15 billion in total assets, a 2.04 million share repurchase at $22.48 average, 6,051,933 ETH held at $2,356 per ETH, 5,227,037 ETH staked, and year-to-date buybacks of 22.9 million shares totaling $399.6 million as of October 25-26, 2026.