BitMine ETH Holdings Reach 5.78M After Another Ethereum Purchase
- On Monday, July 20, 2026, Bitmine reported its latest holdings update, revealing it owns 5,777,468 ETH as the company moves closer to its target of controlling 5% of the total Ethereum supply.
- Bitmine reduced its weekly ETH purchases to 7,430 tokens, redirecting capital toward a $4 billion share repurchase program; Chairman Tom Lee stated the company repurchased 5.5 million shares, viewing the action as accretive to shareholder value.
- Staking 4.92 million ETH, or about 85% of its treasury, via the Made-in America VAlidator Network generates roughly $247 million in projected annualized revenue for the company.
- Investments outside Ethereum include a $180 million stake in Beast Industries and a $58 million position in Eightco Holdings, bringing total portfolio value to $11.5 billion alongside $385 million in cash.
- Bitmine has reached 96% of its goal to corner 5% of Ethereum's supply, continuing to prioritize ETH as its primary treasury reserve asset while guided by its "Alchemy of 5%" philosophy.
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BitMine Nears 5% of Ethereum supply with 5.78M ETH Treasury
Top Ethereum treasury company Bitmine said Monday its Ether holdings had reached 5.78 million tokens, representing about 4.8% of Ethereum’s circulating supply, as the company closed in on its stated goal of accumulating 5% of all ETH. According to Monday’s announcement, the company added 7,430 ETH (ETH) over the past week. About 4.9 million ETH, or roughly 85% of its treasury, is currently staked through its validator network and partners. Bitmi…
Tom Lee’s BitMine Taps the Brakes on Ethereum Buys to Fuel Stock Repurchases
BitMine Immersion Technologies just hit the pause button. After months of aggressive Ethereum accumulation that pushed it close to controlling 5% of the entire supply, the company slowed its purchases last week. Instead, it redirected tens of millions into buying back its own shares. The move marks a shift. BitMine bought only 7,430 ETH. That’s worth about $14 million at current prices. The addition brings its total holdings to 5.78 million toke…
PR Newswire
The Manila TimesBitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.78 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 Billion
Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the 'Alchemy of 5%' in just 12 months Bitmine repurchased 5.5...
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.78 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 Billion - BlockTelegraph
Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the ‘Alchemy of 5%’ in just 12 months Bitmine repurchased 5.5 million common stock in the past week, authorized under the previously announced $4 billion share repurchase program Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026 Bitmine’s Series A Preferred Stock is trading on the NYSE under the symbol BMNP Bitmine has 4,917,189 stak…
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