BitMine Immersion Technologies has disclosed its current reserves, stating that it holds approximately $5.78 million in ETH as of July 19th. The company's overall crypto assets, cash, and liquid securities are valued at $11.5 billion.
A significant portion of the ETH is locked up in staking, with around $4.91 million blocked for this purpose. During the week, BitMine purchased 7,430 ETH and repurchased 5.5 million common shares worth $4 billion as part of its previously announced buyback program.