Bitmine ETH Holdings Reach 5.8M Tokens as Total Crypto & Cash Slip to $11.3B; Buyback Accelerates
BMNR sits 33% above its 52-week low of $12.8.
Summary
Bitmine's latest operational update reveals ETH holdings of 5.8 million tokens, total crypto and cash of $11.3 billion, and an accelerated share buyback of 4.5 million shares in the past week. Staking revenue is projected at $247 million annually.
Updates
· The Block — ETH holdings rose to 5.8 million tokens, now 96% of its 5% supply target. Chairman Tom Lee highlighted ether's 2,500 bps outperformance over the Nasdaq 100 in July.
Key Events · Earnings and Guidance · BMNR
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ETH Holdings Reach 5.8M Tokens
Bitmine now holds 5,797,813 ETH, representing 4.8% of the total ETH supply of 120.7 million, up from 5.78 million two weeks ago.
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Total Crypto & Cash at $11.3B
Total crypto and cash holdings stand at $11.3 billion, down from $11.5 billion on July 20, driven by ETH price fluctuations despite continued accumulation.
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Accelerated Share Buyback
Bitmine repurchased 4.5 million common shares in the past week, bringing total repurchases to 16.1 million since July 1 under the $4 billion buyback program.
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Staking Revenue Projected at $247M Annually
With 4,917,189 ETH staked (85% of holdings), annualized staking revenue is projected at $247 million based on a 2.67% 7-day yield.
Analysis · BMNR · Crypto Assets
Bitmine's latest crypto treasury update reveals ETH holdings climbing to 5.8 million tokens, or 4.8% of supply, while total crypto and cash dipped to $11.3 billion from $11.5 billion two weeks ago, reflecting ETH price volatility. The company aggressively repurchased 4.5 million shares in the past week under its $4 billion buyback program, bringing total repurchases to 16.1 million since July 1. Staked ETH reached 4.9 million, generating an annualized $247 million in staking revenue. Inclusion in the Russell 1000 index and a $61 million stake in Eightco, which provides indirect OpenAI exposure, add strategic depth. The update underscores Bitmine's dual focus on ETH accumulation and shareholder returns, though the $200 million decline in total holdings highlights sensitivity to crypto prices.
How filings like this one have moved
In the 30 days to Oct 24, 2026, 37.1% of the 994 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.77%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BMNR was trading at $16.97 on NYSE in the Crypto Assets sector, with a market capitalization of approximately $10.4B. The 52-week trading range was $12.80 to $71.74. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.