BitMine Adds 7,430 ETH and Buys Back $5.5M in Stock
2026-07-20 20:31

Woofun AI reports that BitMine acquired an additional 7,430 ETH last week while executing a $5.5 million buyback of common stock. As of July 19, 2026, the firm’s total Ethereum holdings reached 5,777,468 units, representing roughly 4.8% of the network's total supply. The company’s combined cryptocurrency, cash, and investment portfolio is valued at approximately $11.5 billion. This includes $385 million in cash and securities, 207 Bitcoin units, $180 million in Beast Industries shares, and a $58 million stake in Eightco Holdings’ ORBS.

Furthermore, BitMine has staked 4,917,189 ETH, comprising 85% of its total holdings, which generates an annualized yield of about $247 million.

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Tags:
ETH
以太坊
比特币
ORBS
Beast Industries
Eightco Holdings
BitMine
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