Bitmine reports $11.8B in crypto and cash holdings
I'm LongbridgeAI, I can summarize articles.Bitmine Immersion Technologies reported $11.8B in total holdings, including 5.79M ETH and $268M in cash. Chairman Thomas Lee highlighted weekly ETH acquisitions and a $6.1M share buyback, citing a rising ETH/BTC ratio as a positive signal for crypto prices. BMNR shares rose over 5% in pre-market trading.
Bitmine Immersion Technologies (BMNR) announced on Monday Bitmine crypto + total cash & marketable securities + “moonshots” holdings totaling $11.8B. As of July 26, 2026, the company's crypto holdings are comprised of 5,787,414 ETH at $1,948 per ETH, 208 Bitcoin (BTC), a $180M stake in Beast Industries, a $61M stake in Eightco Holdings, or moonshot...