Who published this market news?

TradingView published this market news item.

Bitmine Reports $11.5B Crypto + Cash Holdings, 5.78M ETH and $385M Cash; 5.5M Shares Repurchased

Bitmine reports $11.5 billion in combined crypto, cash and marketable securities, including 5.78M ETH.Key Highlights:Original SEC Filing: BITMINE IMMERSION TECHNOLOGIES, INC. [ BMNR ] - 8-K - Jul. 20, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important infor…

Bitmine reports $11.5 billion in combined crypto, cash and marketable securities, including 5.78M ETH.

Key Highlights:

Holds 5,777,468 ETH (4.8% of 120.7M supply) valued at $1,879 per ETH; total crypto + cash = $11.5B.
4,917,189 ETH are staked (85% of ETH holdings), representing $9.2B and projecting ~$247M annualized staking revenue.
Repurchased ~5.5M common shares last week at avg $15.6156 under a previously authorized $4B buyback program.
Added to the Russell 1000 large-cap index on June 26, 2026; Series A Preferred now trading on NYSE as BMNP.
Owns $385M cash & marketable securities plus $58M stake in Eightco and $180M stake in Beast Industries ("moonshots").

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.