▲ 27 r/BMNRInvestors
mNAV safely reached 1. BMNR will have plenty of cash to acquire ETH and buyback shares this week.
Go BMNR!!
u/BlueSkyRighteous — 1 day ago
"Bitmine repurchased 6.1 million shares of common stock in the past week, an increase from the 5.5 million purchased the week prior. We increased our equity buyback as we view the rising ETH/BTC ratio"
""Bitmine repurchased 6.1 million shares of common stock in the past week, an increase from the 5.5 million purchased the week prior. We increased our equity buyback as we view the rising ETH/BTC ratio, despite the falling odds of passage of the Clarity Act in 2026, as a sign crypto prices are strengthening. In fact, this ratio is now at a 3-month high at 0.3000, which we believe bodes well for future strengthening of ETH prices," stated Thomas "Tom" Lee, Chairman of Bitmine.
"ETH prices are now reaching a 10-week high and as many technical strategists have highlighted, we believe the next key levels to clear are $2,000 and $2,500 for ETH. Our advisor, Tom DeMark of DeMark Analytics, sees these levels as near-term targets if the comparison of ETH to S&P 500 post-Oct 1987 continues to hold," continued Lee.
"With over 11 million shares of common stock repurchased, Bitmine has executed the largest ever common stock buyback for any ETH or Bitcoin Digital Asset Treasury," stated Lee. Since July 1, 2026, Bitmine has repurchased 11.6 million shares of common stock under the previously authorized $4 billion share repurchase program.
"Over the past week, we acquired 9,946 ETH. Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025," stated Lee."
u/BlueSkyRighteous — 24 days ago
▲ 13 r/BMNRInvestors
Alchemy of 5% is within reach in the next several months.
Theoretically, they have enough to own 4.89% of Ethereum if they use all of the $502M cash to buy Ethereum at the current price of $1792. Add another $240.09M to reach 5% at the current price. They'll probably reach 5% Alchemy within the next 2 to 3 months at the current pace. It'll take longer if the Ethereum price goes up. It is in their best interest to acquire as much Ethereum at this low price point. Otherwise, it may take 3 to 5 months to reach Alchemy of 5%.
Once 5% is reached, the rate of share distribution slows, and funds can be allocated to more projects/Moonshots. Bitmine would have a fairly large influence on the price and the future of Ethereum. Staking reward is going to be huge with increasing Ethereum price and staking. There is a good possibility of increasing dividends. Their influence would grow even further with increasing revenue, and it seems that their goal appears to be higher than 5%.
u/BlueSkyRighteous — 2 months ago
▲ 32 r/BMNRInvestors
Acquired 126,971 ETH in one week! Highest amount in 2026. 92% of the way to the Alchemy of 5%.
reddit.com
u/BlueSkyRighteous — 2 months ago
▲ 17 r/BMNRInvestors
BMNR acquired 111,942 ETH over the past week. The highest acquisition during 2026 as they view the recent pullback of ETH to below $2,200 as an attractive opportunity.
"Bitmine owns more than 4.47% of the total ETH coin supply of 120.7 million
Bitmine is 89% of the way to the 'Alchemy of 5%' in just 11 months
Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains
Bitmine uplisted to the New York Stock Exchange ("NYSE") from the NYSE American effective as of April 9, 2026
Bitmine has 4,712,917 staked ETH, representing $10.1 billion at $2,134 per ETH
MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience"
"Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $276 million annually (using 2.75% 7-day BMNR yield),"
u/BlueSkyRighteous — 3 months ago