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BitMine Returns to Massive Share Buybacks Staking 5.23 Million ETH BitMine Immersion Technologies repurchased 2.04 million shares at an average price of $22.48, bringing the total buyback for 2026 to 22.9 million shares for $399.6 million. The company reported 5.23 million ETH in holdings, with annual revenue estimated at $318 million, while its treasury grew to 6,051,933 ETH. Chairman Tom Lee noted that the crypto market is experiencing a bull phase, despite recent declines in ethereum and semiconductor stocks, with BitMines' total assets valued at $15 billion.

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CryptoPotato · Crypto · · Source

BitMine Returns to Massive Share Buybacks Staking 5.23 Million ETH BitMine Immersion Technologies repurchased 2.04 million shares at an average price of $22.48, bringing the total buyback for 2026 to 22.9 million shares for $399.6 million. The company reported 5.23 million ETH in holdings, with annual revenue estimated at $318 million, while its treasury grew to 6,051,933 ETH. Chairman Tom Lee noted that the crypto market is experiencing a bull phase, despite recent declines in ethereum and semiconductor stocks, with BitMines' total assets valued at $15 billion.

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