BitMine adds 10,452 ETH and buys back 2.04 million shares in a single week

Bitmine Immersion Technologies had another busy week. The company added 10,452 ETH to its treasury and repurchased 2.04 million of its own shares. Neither number is dramatic on its own. Together, they show the company running two plays at once: buying the asset it believes in, and buying the stock it believes is cheap. What Bitmine did this week The 10,452 ETH purchase continues a weekly habit that has become as predictable as a Monday standup. Bitmine has bought ETH every week since June 30, 2025. By mid-2026, that streak had stretched past 58 consecutive weeks. The buyback side is just as steady. The 2.04 million shares retired this week fall under a $4 billion repurchase authorization. Since July 2026, the company has repurchased somewhere between 16 million and 21 million shares. Some weeks have been heavier than this one, including one stretch with 4.5 million shares bought back and another with 3 million. The size of the pile The weekly additions feed into a very large stockpile. As of October 18/19, 2026, Bitmine held 6,041,481 ETH. That works out to 4.9% of Ethereum’s total supply. The company’s total portfolio was valued at around $15.1 billion, with the figure moving betw...