Bitmine Immersion Technologies Reports 5.82 Million ETH Holdings

Bitmine Immersion Technologies (BMNR), a blockchain company known for its significant Ethereum treasury, has announced the possession of 5.82 million ETH, marking 4.8% of the total ETH supply of 120.7 million. The company’s total holdings, including cash and securities, stand at $11.4 billion. In just over a year, Bitmine has made substantial progress towards its 'Alchemy of 5%' target, indicating its aggressive strategy in the crypto market.

Recently, Bitmine repurchased 1.7 million shares of its common stock, contributing to a total of 20.8 million shares repurchased since July 2026. This move was part of a $4 billion share repurchase program. Additionally, Bitmine was included in the Russell 1000 Large-cap index in June, reflecting its growing market influence.

With 5,067,309 ETH staked through MAVAN, the company aims to position itself as a leader in institutional-grade staking solutions. Its investments also extend to Eightco Holdings, offering diversification and indirect exposure to AI developments.