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Bmnr

All articles tagged with #bmnr

business1 month ago•8 min saved

Bitmine’s ETH Hoard Grows to 5.54 Million, Treasury Nears $9.6B

Bitmine Immersion Technologies reports a crypto+cash treasury of about $9.6 billion, anchored by 5.543 million ETH (4.59% of the 120.7 million ETH supply) and 4.718 million ETH staked (~$7.7B at $1,630/ETH) via its MAVAN platform, plus BTC and stakes in Eightco (ORBS) and Beast Industries totaling $247 million in cash. The company aims to reach the 'Alchemy of 5%' in 2026, is expanding MAVAN for institutional staking, and cites strong investor backing and high liquidity for BMNR stock.

via PR Newswire|

#bmnr #business #eth

business2 months ago•8 min saved

Bitmine Reaches 4.976M ETH and $12.9B Crypto/Cash Treasury After NYSE Uplisting

Bitmine Immersion Technologies announced ETH holdings at 4.976 million (about 4.12% of the ETH supply) and total crypto plus cash holdings of $12.9 billion, following its April 9 uplisting to the NYSE. The treasury includes 199 BTC, stakes in Eightco and Beast Industries, and $1.12 billion in cash. Bitmine’s MAVAN staking platform now holds 3.334 million ETH (≈$7.7 billion), with annual staking revenues around $221 million and a potential $330 million in staking rewards at scale, highlighting its status as a leading Ethereum treasury with strong institutional backing and high liquidity.

via PR Newswire|

#bmnr #business #crypto-treasury

markets3 months ago•16 min saved

BitMine Stock Becomes a Live Ethereum Proxy as ETH Climbs

BMNR has risen about 6–7% over the past five sessions, tracking Ethereum nearly tick-for-tick as BitMine’s massive ETH treasury (about 4.5 million ETH, roughly 3.76% of supply, worth over $10B) drives its moves. The company earns about $174M yearly from staking ETH, a figure expected to rise to around $259M with MAVAN. Heavy institutional interest, including ARK Invest, has pushed BMNR to high daily volumes (around $1B). Analysts on TipRanks rate BMNR as a Moderate Buy with a $34.50 12‑month target, implying roughly 68% upside.

via TipRanks|

#ark-invest #bmnr #ethereum

business5 months ago•23 min saved

Bitcoin Rebound Lifts Strategy, BitMine, and Coinbase as BTC Stabilizes

Bitcoin stabilized near $69k after a dip to about $60k, triggering a rally in crypto stocks as Strategy (MSTR) rose about 18% to roughly $126.60 despite its BTC treasury being underwater, BitMine Immersion Technologies (BMNR) jumped around 14% to about $19.83 on ETH staking plans amid a large unrealized ETH loss, and Coinbase (COIN) gained roughly 10% to around $160.60 as higher volatility boosted trading volumes and revenue.

via Decrypt|

#bitcoin #bmnr #business

business5 months ago•8 min saved

Bitmine Expands Ethereum Treasury to 4.243 Million ETH, Totals $12.8B in Crypto and Cash

Bitmine Immersion Technologies reports total crypto and cash holdings of $12.8 billion, including 4.243 million ETH (about 3.52% of supply), 193 BTC, a $200 million Beast Industries stake, a $19 million Eightco/ORBS stake, and $682 million in cash. Of this, roughly 2.01 million ETH are staked (~$5.7B), with MAVAN (Made-in America Validator Network) slated to launch in early 2026 as the company scales staking infrastructure. The release also notes strong liquidity for BMNR stock and continued institutional backing as it pursues its ETH accumulation strategy.

via PR Newswire|

#bmnr #business #eth