BITMINE IMMERSION TECHNOLOGIES, INC. 8K
0001493152-26-034720
View on SEC EDGARBitmine Immersion Technologies reported $11.8 billion in combined crypto, cash, and investments, large ETH and staked ETH positions with significant projected staking revenues, and substantial share repurchases under its $4 billion buyback program as of late July 2026.
On July 27, 2026, Bitmine Immersion Technologies, Inc. announced that as of July 26, 2026 it holds approximately 5.79 million ETH (4.8% of total ETH supply), total crypto plus cash, marketable securities and “moonshot” investments of about $11.8 billion, and has staked roughly 4.92 million ETH through its MAVAN platform, projecting annualized staking rewards of about $299 million when fully staked and current annualized staking revenues of about $254 million. The company also disclosed that, under its previously authorized $4 billion share repurchase program, it repurchased 6.1 million shares of common stock in the past week and 11.6 million shares since July 1, 2026, positioning this as the largest common stock buyback by any ETH or Bitcoin digital asset treasury. Management emphasized its ongoing weekly ETH accumulation under its Ethereum treasury strategy, highlighted Bitmine’s recent addition to the Russell 1000 Large-Cap Index, noted that its Series A preferred stock trades on the NYSE under the symbol BMNP, and described MAVAN’s intended expansion to serve institutional investors while outlining bullish views on ETH price levels, the ETH/BTC ratio, and the broader regulatory and market backdrop for digital assets.
Filing Facts
- CIK
- 1829311
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001493152-26-034720
- Alert Tier
- 7