TechFlow news, July 29 — According to Prnewswire, BitMine Immersion Technologies (NYSE AMERICAN: BMNR) today announced that its board of directors has approved a share repurchase program authorizing the company to repurchase up to $1 billion of its outstanding common stock. The program is open-ended, allowing the company to repurchase shares in the open market and through private negotiated transactions.
As of July 28, 2025, BitMine held 625,000 ether (ETH), with a total value of approximately $2.35 billion, as well as 192 bitcoin (BTC), valued at about $22.68 million. The company currently holds more than $401.4 million in unencumbered cash.
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