# Bitmine Repurchased 2.04 Million Shares Last Week and 22.9 Million So Far in 2026 By Enna Lee Canonical URL: https://www.tokenpost.com/news/business/41431 Published: 2026-10-26T23:20:27.000Z Updated: 2026-10-26T23:20:27.000Z Section: Business > Over the past week, Bitmine acquired 10,452 ETH. Bitmine remains the #1 Ethereum treasury and #2 global treasury. “When management believes Bitmine shares are relatively undervalued, the Company intends to accretively repurchase shares, subject to market conditions and under the existing repurchase authorization. Optimizing shareholder value remains our top objective,” stated Thomas “Tom” Lee, Chairman of Bitmine. “This is the largest crypto treasury company common equity buyback ever executed, and reflects our commitment to shareholders,” stated Lee. “Crypto got pulled down by the same ‘risk off’ forces behind the AI sell-off. In contrast to late-2025 and early 2026, crypto pullbacks have been comparatively shallow. ETH has fallen 13% from its recent peak while US semiconductors ($SOXX) is down 20% in that same timeframe. We believe this is further evidence that a crypto bull market is underway,” stated Lee. Over the past week, Bitmine acquired 10,452 ETH. Bitmine has bought ETH each and every week since the inception of its ETH Treasury Strategy on June 30, 2025, a track record of consistent buying the Company describes as unmatched by any public company in the world. Bitmine remains the #1 Ethereum treasury and #2 global treasury. ![Bitmine Repurchased 2.04 Million Shares Last Week and 22.9 Million So Far in 2026]() ## WEEKLY TREASURY HIGHLIGHTS As of October 25, 2026 TREASURY TOTAL VALUE: $15.0B ETH HELD: 6,051,933 — 4.95% of ETH supply ACQUIRED: 10,452 this week ## BUYBACK PAST WEEK: 2.04M shares YTD 2026: 22.9M shares aggregate amount of $399.6 million ## STAKING STAKED: 5,227,037 $12.3B, 86% of ETH held REVENUE: $318M Projected, 2.58% 7-day yield ALCHEMY OF 5% PROGRESS · 99% Crypto holdings as of October 25, 2026 at 2:00pm ET. ETH valued at $2,356 per Coinbase. Staking revenue is projected annualized at a 2.58% 7-day yield. ## LATEST CHAIRMAN’S MESSAGE · OCTOBER 7, 2026 Tom Lee’s October message is now live. Watch the video