Bitmine Adds 10,399 ETH, Repurchases 4.5M Shares

Bitmine valued its crypto, cash and other investments at $11.3 billion and said it has repurchased 16.1 million shares since July 1.

Bitmine Adds 10,399 ETH, Repurchases 4.5M Shares

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Written by

Ezra Reguerra

staff writer

Reviewed by

Felix Ng

staff editor

Written by

Ezra Reguerra

staff writer

Reviewed by

Felix Ng

staff editor

Bitmine adds $19.6M in ETH, repurchases 4.5M shares

Latest News

Published

Aug 4, 2026

Bitmine said it now holds about 4.8% of Ether’s circulating supply as it pursues its 5% acquisition target.

Ether treasury company Bitmine Immersion Technologies bought another 10,399 Ether last week and repurchased 4.5 million of its shares as it continued its crypto accumulation and stock-buyback program.

On Monday, Bitmine

said

it held 5,797,813 Ether (ETH) worth $10.9 billion. The company said its ETH holdings represent about 4.8% of Ether’s 120.7 million circulating supply. Bitmine is pursuing a target of 5% of the total ETH supply.

The company also held 209 Bitcoin (BTC), $173 million in cash and marketable securities, and equity stakes in Beast Industries and Eightco Holdings. Its combined crypto, cash, securities and other investments were valued at $11.3 billion.

Bitmine said it has repurchased 16.1 million common shares since July 1 under its previously authorized $4 billion buyback program. This includes the 4.5 million shares purchased last week.

The latest disclosure follows Bitmine’s

purchase of nearly 10,000 ETH

, announced on July 28. At the time, the company said roughly 85% of its ETH holdings were staked through its validator operations.

Related:

Ethereum nears market bottom against Bitcoin, though key signals remain unconfirmed: CryptoQuant

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