BitMine Immersion Applied sciences (BMNR) has repurchased 1.7 million frequent shares within the week ending August 16. That is the smallest weekly buyback for the reason that program started on July 1 and the third consecutive weekly decline, whereas the corporate’s Ethereum (ETH) treasury grew to five,815,164 tokens.
Whole crypto, money, and “moonshot” holdings got here to $11.4 billion, down from $11.6 billion every week earlier, though BitMine added 9,926 ETH over the interval. The corporate marked its ETH at $1,893 per token on August 16, towards $1,928 every week earlier than. As reported, BitMine bought a 7,391 ETH batch that took the treasury previous 5.8 million tokens final week.
“We’re inspired to see the ETH/BTC ratio at 0.02994 and rising,” acknowledged Thomas “Tom” Lee, Chairman of BitMine, who linked the transfer to tokenization and agentic-AI functions.
Buyback Slows for Third Week
BitMine’s holdings equal 4.8% of the 120.7 million ETH provide, leaving it 96% of the way in which to its acknowledged goal of proudly owning 5%. Lee stated the corporate has purchased ETH each week for the reason that treasury technique started on June 30, 2025.
BitMine has repurchased 20.8 million frequent shares since July 1 beneath a $4 billion authorization. Weekly totals disclosed in its filings peaked at 6.1 million shares within the week to July 26, then fell to 4.5 million, 3 million, and 1.7 million. Lee has referred to as the inventory undervalued or attractively valued in every of these three releases, and described this system as the biggest ever executed by any crypto digital asset treasury.
Again in July, BitMine reduce its weekly ETH shopping for to 7,430 tokens from greater than 30,500, a slowdown Lee attributed on the time to capital redirected towards repurchasing shares.
Money Falls to $78 Million
Whole money and marketable securities stood at $78 million on August 16, a line that has declined in each weekly disclosure since June 28, when BitMine reported $527 million, passing by means of $482 million, $385 million, $268 million, $173 million, and $104 million.
Alongside the ETH, the corporate reported 210 Bitcoin (BTC), a $180 million stake in Beast Industries, and a $73 million stake in Eightco Holdings (ORBS).
BitMine’s board declared seventeen weekly money dividends on its 9.50% Sequence A Perpetual Most popular Inventory on August 14, most at $0.1847 per share, payable from September 4 by means of December 28.
That safety trades on the NYSE as BMNP towards a $100 acknowledged worth.
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