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Bitmine Immersion Technologies reports holding 5.79 million ETH (4.8% of supply) and a $11.8 billion crypto‑cash treasury

Executive summary: Bitmine Immersion Technologies announced it holds 5.79 million ETH (4.8 % of the total Ether supply) and that its total cryptocurrency and cash holdings amount to $11.8 billion, while also revealing a repurchase of 6.1 million ordinary shares. The holding makes Bitmine one of the top corporate Ether owners, giving it potential market influence and a large liquidity reserve that could affect its financial strategy and attract regulatory attention.

Who is involved: Bitmine Immersion Technologies (BMNR), its shareholders, and the Ethereum network.

Likely next: The company may continue its share‑buy‑back program and could disclose further updates on its crypto holdings in upcoming regulatory filings.

Bitmine Immersion Technologies (BMNR) disclosed that its Ethereum holdings have grown to 5.79 million tokens, representing 4.8 % of the total Ether supply of 120.7 million. The firm also said its combined cryptocurrency and liquidity position equals $11.8 billion, and that it repurchased 6.1 million ordinary shares during the prior week under its authorized buy‑back program. These figures place Bitmine among the largest corporate holders of Ether and signal a sizable balance‑sheet reserve that could be deployed for investments or capital returns.

Timeline

2026-07-29 — Bitmine Immersion Technologies (BMNR) announces that its ETH holdings reach 5.79 million tokens, while its total crypto and liquidity holdings amount to $11.8 billion (PR Newswire)
2026-07-28 — Morgan Stanley’s MSSE Offers Ethereum Exposure at Market‑Leading 0.14% Cost (Yahoo Finance)
2026-07-28 — Bitcoin and ethereum prices today, Tuesday, July 28, 2026: Crypto prices slide ahead of Fed meeting (Yahoo Finance)
2026-07-22 — Bitmine Immersion Technologies (BMNR) annuncia che le sue partecipazioni in ETH raggiungono i 5,78 milioni di token e che le partecipazioni totali in criptovalute e liquidità ammontano a 11,5 miliardi di dollari (PR Newswire)