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.
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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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