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

on October 26, 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 total ETH supply of 122.2 million coins, approximately 99% toward its 5% target. The company also holds 215 BTC, $180 million worth of Beast Industries equity, $76 million in Eightco (ORBS) equity, and $514 million in cash and marketable securities. These assets total approximately $15 billion.

Last week, the company acquired an additional 10,452 ETH, stating that it has made weekly purchases since launching its ETH treasury strategy on June 30, 2025. During the same period, the company repurchased 2.04 million shares at an average price of $22.48. With cumulative repurchases for 2026 reaching 22.9 million shares worth approximately $399.6 million, the company stated this is the largest stock buyback executed by a crypto treasury company to date.

Regarding staking, the company has staked 5,227,037 ETH, valued at approximately $12.3 billion, accounting for 86% of its holdings. Based on a seven-day yield of 2.58%, the current staking position is estimated to generate around $318 million in annualized revenue. If fully staked, the annualized revenue is projected to reach approximately $368 million.