BITMINE IMMERSION TECHNOLOGIES, INC. 8K

Bitmine Immersion Technologies reported $11.4 billion in combined crypto, cash, and investments, significant ETH holdings and staking revenues, ongoing weekly ETH accumulation, and substantial share repurchases under its $4 billion buyback program.

Bitmine Immersion Technologies, Inc. announced that as of August 16, 2026 it holds total crypto, cash, marketable securities, and moonshot investments of approximately $11.4 billion, including 5.82 million ETH tokens (4.8% of the total ETH supply) of which about 5.07 million ETH is staked via its MAVAN platform, yielding projected annualized staking revenues of roughly $250–287 million. The company reported continued weekly ETH purchases since June 30, 2025, including 9,926 ETH acquired in the past week, and highlighted that ETH outperformed the Nasdaq 100 in July 2026 and that the ETH/BTC ratio has broken a long-term downtrend, which management believes reflects strengthening fundamentals and future tokenization and AI-driven blockchain use cases. Bitmine also disclosed that it repurchased 1.7 million shares of common stock in the past week, bringing cumulative repurchases to over 20.8 million shares under its previously authorized $4 billion share repurchase program, and noted its inclusion in the Russell 1000 index, the trading of its Series A Preferred Stock on the NYSE under the symbol BMNP, its stakes in Beast Industries and Eightco Holdings, and its view that its common stock remains undervalued.

Filing Facts

CIK

1829311

Ticker

-

Form

8K

Source Type

sec

Accession

0001493152-26-038652

Alert Tier

7