BitMine Adds 9,926 ETH as BMNR Stock Gains 3.7%
BitMine Immersion Technologies acquired 9,926 ETH last week, bringing its treasury balance to over 5.81 million tokens as BMNR stock closed up 3.68% at $18.73.
Cryptocurrency news, market insight, company coverage, and practical guides related to bitmine.
Ether slid to a yearly low of $1,510. The crash pushed ETH’s market cap below USDt's steady $186 billion pool, highlighting an aggressive shift toward capital…
BitMine is associated with A Bitcoin network company.
Tom Lee's BitMine faces $7.3 billion in unrealized losses on its massive Ethereum treasury as weak market sentiment and bearish charts threaten a drop to $1,600.
Bitmine begins trading on the NYSE and boosts its share buyback program to $4 billion, signaling confidence despite recent stock declines.
Leading institutional investors, including Morgan Stanley and ARK, increased stakes in BitMine during Q4 2025 despite a 48% stock decline, highlighting sustained demand.
BitMine increased its staked Ether holdings to more than 1.5 million ETH, reinforcing its position as the largest Ethereum-focused treasury.
BitMine added approximately $88 million worth of ether to its balance sheet, further expanding one of the largest corporate ETH treasuries.