
๐ข ๐๐จ๐ฆ๐ง ๐๐ก: $BitMine Immersion Tech(BMNR.US) Bitmine ETH Holdings Reach $11.8 Billion, Nearing Its 5% Supply Target
๐ ๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:โค ๐๐ถ๐๐บ๐ถ๐ป๐ฒ holds ๐ฑ,๐ณ๐ด๐ณ,๐ฐ๐ญ๐ฐ ๐๐ง๐, representing ๐ฐ.๐ด% of supply.โค Total crypto, cash, securities and โmoonshotsโ equal $๐ญ๐ญ.๐ด ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป.โค Bitmine is ๐ต๐ฒ% toward its targeted ๐ฑ% Ethereum ownership.โค The company repurchased ๐ฒ.๐ญ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป shares last week.โค Total repurchases since July 1 reached ๐ญ๐ญ.๐ฒ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป shares.โค Bitmine has ๐ฐ,๐ต๐ญ๐ณ,๐ญ๐ด๐ต staked ETH worth approximately $๐ต.๐ฒ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป.โค Annualized staking revenue is currently projected at $๐ฎ๐ฑ๐ฐ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป.โค Bitmine added ๐ต,๐ต๐ฐ๐ฒ ๐๐ง๐ during the latest week.โค Bitmine joined the ๐ฅ๐๐๐๐ฒ๐น๐น ๐ญ๐ฌ๐ฌ๐ฌ Large-Cap Index in June 2026.โค Its ๐ฆ๐ฒ๐ฟ๐ถ๐ฒ๐ ๐ preferred stock trades on NYSE as ๐๐ ๐ก๐ฃ.๐ ๐ช๐ต๐ ๐ง๐ต๐ถ๐ ๐ ๐ฎ๐๐๐ฒ๐ฟ๐:โค Bitmine is approaching unprecedented concentration in the ๐๐๐ต๐ฒ๐ฟ๐ฒ๐๐บ supply.โค Large-scale staking could create substantial recurring ๐ฐ๐ฟ๐๐ฝ๐๐ผ-๐ฏ๐ฎ๐๐ฒ๐ฑ revenue.โค Continued buybacks may increase each remaining shareโs exposure to ETH.โค Institutional index inclusion could broaden demand from passive investment funds.โค Bitmineโs strategy strengthens its position as the largest ๐๐ง๐ treasury.๐ ๐๐ ๐ฝ๐ฒ๐ฟ๐ ๐ฆ๐๐ฎ๐๐ฒ๐บ๐ฒ๐ป๐๐:๐ง๐ต๐ผ๐บ๐ฎ๐ โ๐ง๐ผ๐บโ ๐๐ฒ๐ฒ, Chairman of Bitmine:"Bitmine repurchased 6.1 million shares of common stock in the past week, an increase from the 5.5 million purchased the week prior. We increased our equity buyback as we view the rising ETH/BTC ratio, despite the falling odds of passage of the Clarity Act in 2026, as a sign crypto prices are strengthening. In fact, this ratio is now at a 3-month high at 0.3000, which we believe bodes well for future strengthening of ETH prices,""ETH prices are now reaching a 10-week high and as many technical strategists have highlighted, we believe the next key levels to clear are $2,000 and $2,500 for ETH. Our advisor, Tom DeMark of DeMark Analytics, sees these levels as near-term targets if the comparison of ETH to S&P 500 post-Oct 1987 continues to hold,""With over 11 million shares of common stock repurchased, Bitmine has executed the largest ever common stock buyback for any ETH or Bitcoin Digital Asset Treasury,""Over the past week, we acquired 9,946 ETH. Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025,""Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $299 million on an annualized basis (using 2.65% 7-day BMNR yield),""Annualized staking revenues are now projected at $254 million. And this 4.9 million ETH is 85% of the 5.79 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.65% (annualized),"The copyright of this article belongs to the original author/organization.
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