Bitmine Immersion Lifts ETH Holdings to 5.81M in Major Update

TL;DR

• Bitmine Immersion Technologies raised its ETH holdings to 5.81 million tokens, equivalent to 4.8% of Ethereum’s total supply.
• The company accumulates crypto assets, cash and stakes totaling $11.6 billion, holds 5.06 million staked ETH generating approximately $257 million in annual income.
• Under its $4 billion buyback program, Bitmine acquired 19.1 million of its own shares during July 2026, the largest buyback executed by any digital asset treasury company.

Bitmine Immersion Technologies announced that its total holdings of cryptocurrencies, cash, marketable securities and strategic stakes reach $11.6 billion. The figure includes 5,805,238 ETH valued at $1,928 per token according to Coinbase, 209 Bitcoin, a $180 million stake in Beast Industries, $69 million in Eightco Holdings (NASDAQ: ORBS), and $104 million in cash and marketable securities.

With that volume, the company controls 4.8% of Ethereum’s circulating supply, estimated at 120.7 million tokens, and is approaching its goal of reaching 5%, internally dubbed the “Alchemy of 5%,” in just 14 months since it transformed into an ETH treasury-based company on June 30, 2025.

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