Bitmine Immersion Technologies reports $11.8B crypto & cash holdings, 5.79M ETH and major buyback

Bitmine Immersion Technologies announced crypto plus cash holdings of $11.8 billion, including 5.79 million ETH and $268M cash & marketable securities.Key Highlights:Original SEC Filing: BITMINE IMMERSION TECHNOLOGIES, INC. [ BMNR ] - 8-K - Jul. 27, 2026This is an AI-powered summary. It may contain…

Bitmine Immersion Technologies announced crypto plus cash holdings of $11.8 billion, including 5.79 million ETH and $268M cash & marketable securities.

Key Highlights:

Holds 5,787,414 ETH (4.8% of 120.7M supply) valued at $1,948 per ETH, part of $11.8B total crypto and cash holdings.
4,917,189 ETH are staked (85% of holdings), representing $9.6B and projecting annualized staking revenue ~$254M.
Repurchased 6.1M common shares in the past week; 11.6M shares repurchased since July 1 under $4B buyback program.
Added to the Russell 1000 Large-cap index on June 26, 2026; Series A preferred trades on NYSE as BMNP.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.