Bitmine Repurchases 5.5M Shares, Adds 7,430 ETH Last Week

According to BlockBeats, Bitmine repurchased approximately 5.5 million common shares last week at an average price of $15.6156 per share, as stated by chairman Thomas Lee on July 20. The company also added 7,430 ETH to its holdings, part of its ongoing Ethereum treasury strategy launched in June 2025.

As of July 19, Bitmine has staked 4,917,189 ETH worth approximately $9.2 billion, representing 85% of its total ETH holdings and exceeding any other entity globally, the company said.