Bitmine Immersion Technologies, Inc. (NYSE: BMNR) announced on October 26, 2026, that its total crypto, cash, and marketable securities holdings reached $15 billion as of October 25, 2026. The company reported holding 6,051,933 Ethereum (ETH) tokens valued at $2,356 per ETH, representing 4.95% of the total ETH supply. In addition to its ETH holdings, the company holds 215 Bitcoin (BTC), a $180 million stake in Beast Industries, a $76 million stake in Eightco Holdings (NASDAQ: ORBS), and $514 million in total cash and marketable securities.
The company also disclosed significant equity repurchases. In the week leading up to the announcement, Bitmine repurchased 2.04 million shares at an average price of $22.48. Cumulatively, Bitmine has repurchased 22.9 million common shares in 2026 at an average price of $17.48, totaling $399.6 million. The company stated this is the largest common equity buyback executed by a crypto treasury company to date.
Bitmine’s Chairman, Thomas "Tom" Lee, noted that the company is 99% of the way to its "Alchemy of 5%" goal of acquiring 5% of the total ETH supply, having achieved this milestone in just 15 months. The company also highlighted its institutional staking infrastructure, MAVAN (Made in America VAlidator Network), which currently stakes 5,227,037 ETH valued at $12.3 billion. Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026.
