Bitmine increased its holdings by 10,452 ETH last week, bringing the total to 6.05 million ETH.

According to PR Newswire, Bitmine Immersion Technologies (BMNR) disclosed on October 26 that as of October 25, the company held 6,051,933 ETH valued at $2,356 per coin, representing 4.95% of the 122.2 million ETH in total supply, approximately 99% toward its 5% target. The company also holds 215 BTC, $180 million in Beast Industries equity, $76 million in Eightco (ORBS) equity, and $514 million in cash and securities, with total assets amounting to approximately $15 billion. Last week, the company added 10,452 ETH and stated it has purchased ETH weekly since launching its ETH treasury strategy on June 30, 2025. In the same period, the company repurchased 2.04 million shares at an average price of $22.48. Year-to-date 2026 repurchases totaled 22.9 million shares worth approximately $399.6 million, which the company described as the largest share buyback by any cryptocurrency treasury company. Regarding staking, the company has staked 5,227,037 ETH worth approximately $12.3 billion, accounting for 86% of its holdings. Based on a seven-day yield of 2.58%, the annualized income from the current staked position is estimated at approximately $318 million.