Bitmine adds 10,452 ETH as share buybacks approach $400M

Bitmine Immersion Technologies has purchased another 10,452 Ethereum over the past week, bringing its total holdings to 6.05 million ETH. Bitmine purchased another 10,452 ETH over the past week, bringing its total Ethereum holdings to 6.05 million tokens worth approximately $14.26 billion. The company now controls 4.95% of Ethereum's total supply and is approaching its long standing target of owning 5% of all ETH. Bitmine repurchased 2.04 million shares over the past week, taking its total buybacks in 2026 to 22.9 million shares worth $399.6 million. More than 5.22 million ETH are currently staked, with Bitmine estimating annualized staking revenue of approximately $318 million.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to crypto.news.