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BitMine adds 10,452 ETH and repurchases 2.04 million shares

BitMine has acquired 10,452 ETH worth approximately $24 million and bought back 2.04 million shares over the past week, bringing its total ether holdings to over 6.05 million coins.

Portrait of Tom Lee wearing glasses and a suit jacket.
Image: @Cointelegraph

BitMine acquired 10,452 ETH over the past week, expanding its treasury to 6,051,933 ETH. The stash accounts for approximately 4.95% of Ethereum's total circulating supply, placing the company just shy of its stated 5% cap, at which point it plans to halt purchases. Market outlets including Watcher.Guru, Kalshi Crypto, and Whale Insider valued the latest purchase at roughly $24 million to $24.29 million.[1][2][3][4][5][6][8][9][10][12]

Alongside the token additions, the Tom Lee-led company repurchased 2.04 million of its own shares at an average price of $22.48. That transaction pushed BitMine's 2026 share buybacks to 22.9 million shares, representing around $399.6 million in total repurchases.[2][5][6][11]

BitMine currently has 5.23 million ETH staked. As of Oct. 25, the firm's combined portfolio of crypto, cash, marketable securities, and other investments stood at roughly $15 billion, with Lee asserting that a crypto bull market is underway.[1][6][7]

Key facts

  • BitMine acquired 10,452 ETH over the past week, valued by commentators between $24 million and $24.29 million.
  • The purchase brings BitMine's total holdings to 6,051,933 ETH, or about 4.95% of Ethereum's supply.
  • BitMine plans to cease ETH purchases once it hits its target of 5% of the total supply.
  • BitMine repurchased 2.04 million shares during the week at an average price of $22.48.
  • BitMine's 2026 share buybacks have reached 22.9 million shares, worth approximately $399.6 million.
  • The company has 5.23 million ETH staked.
  • BitMine's combined crypto, cash, marketable securities, and other investments totaled $15 billion as of Oct. 25.

Sources · 12 sources

  1. CB

    Crypto Banter@crypto_banterPost on X ·

    🚨BITMINE BOUGHT 10,452 ETH LAST WEEK! Bitmine acquired 10,452 ethereum:native over the past week, taking total holdings to 6.05 million ethereum:native, 4.95% of supply and 99% of the way to the Alchemy of 5% target. The company has said it plans to stop buying once it reaches 5%. Crypto, cash, marketable securities and moonshots now total $15B. Bitmine has bought ethereum:native every single week since launching its treasury strategy.

    Open source
  2. TB

    The Block@TheBlockCoPost on X ·

    THE BLOCK: Tom Lee's Bitmine $BMNR bought 10,452 ethereum:native last week, lifting its holdings to 6.05 million ETH. The company also repurchased 2.04 million shares, bringing its 2026 buybacks to 22.9 million shares. https://t.co/q6zrAMSrKN

    Open source
  3. CG

    Crypto GEMs 📈🚀@cryptogems555Post on X ·

    Tom Lee's @BitMNR buys 10,452 $ETH worth $24 million 🚀🚀🚀🚀🚀 https://t.co/xfABuqH5r1

    Open source
  4. CO

    Cointelegraph@CointelegraphPost on X ·

    🔥 JUST IN: Tom Lee’s Bitmine bought 10,452 $ETH last week. Total holdings now stand at 6.05M ETH, or 4.95% of the supply. https://t.co/DoVobyNbn2

    Open source
  5. DN

    DEGEN NEWS@DegenerateNewsPost on X ·

    MONDAY, 26 OCT 2026 DAT ACTIVITY @Strategy BOUGHT NO $BTC THIS WEEK BUT REPURCHASED 2,068,459 SHARES OF $STRC PREFERRED FOR $204.9M, STILL HOLDS 848,517 $BTC @Strive BOUGHT 6,182 $BTC AT ~$82,732 EACH (~$511.4M), NOW HOLDS 43,000 $BTC, AND LAUNCHED A $1B $SATS PREFERRED ATM PROGRAM @BitMNR BOUGHT 10,452 $ETH, NOW HOLDS 6,051,933 $ETH (4.95% OF SUPPLY), AND REPURCHASED 2.04M SHARES AT AN AVERAGE OF $22.48 @defidevcorp ADDED 5,346 $SOL AND SOL EQUIVALENTS, NOW HOLDS 2,595,612 SOURCES: https://t.co/06ye0mhzla; https://t.co/hJRoe6hbHt; https://t.co/ZPO5NAL0ya; https://t.co/QpYY06rNl0; https://t.co/AOIPXdaym3

    Open source
  6. WB

    Wu Blockchain@WuBlockchainPost on X ·

    BitMine Buys 10,452 ETH and Repurchases 2.04M Shares in One Week BitMine said it acquired 10,452 ETH over the past week, bringing total holdings to 6,051,933 ETH, or about 4.95% of Ethereum’s supply. The company also repurchased 2.04 million shares at an average price of $22.48; its 2026 buybacks now total 22.9 million shares, or about $399.6 million. BitMine has 5.23 million ETH staked and reported total crypto, cash, marketable securities and other investments of about $15 billion.

    Open source
  7. TB

    The BlockArticle ·

    Tom Lee insists ‘crypto bull market is underway’ as Bitmine adds 10,452 ETH The company's combined crypto, cash, marketable securities, and other investments totaled $15 billion as of Oct. 25.

    Open source
  8. WG

    Watcher.Guru@WatcherGuruPost on X ·

    JUST IN: Tom Lee's 'BitMine' buys 10,452 $ETH worth $24 million. https://t.co/ICwxV97hg6

    Open source
  9. TW

    The Wolf Of All Streets@scottmelkerPost on X ·

    JUST IN: BITMINE $BMNR BUYS 10,452 $ETH, NOW HOLDS 6,051,933 $ETH, 4.95% OF THE TOTAL SUPPLY https://t.co/KoDi5ziVO4

    Open source
  10. KC

    Kalshi Crypto@Kalshi_CryptoPost on X ·

    JUST IN: Tom Lee's 'BitMine' buys $24M worth of Ethereum

    Open source
  11. CB

    Crypto BriefingArticle ·

    BitMine adds 10,452 ETH and buys back 2.04 million shares in a single week BitMine's strategic asset accumulation and share buybacks signal confidence in Ethereum's value, potentially boosting shareholder returns. The post BitMine adds 10,452 ETH and buys back 2.04 million shares in a single week appeared first on Crypto Briefing .

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  12. WI

    Whale Insider@WhaleInsiderPost on X ·

    JUST IN: Tom Lee’s BitMine acquires $24.29 million in $ETH, bringing total holdings to $14 billion. https://t.co/jOgUcDByUg

    Open source