BitMine Immersion Technologies Inc(BMNR)
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Bitmine Launches New Ethereum Staking Solution
Yahoo Finance· 2026-03-25 13:30
Bitmine Launches New Ethereum Staking Solution Bitmine Immersion Technologies (NYSE: $BMNR) has launched what it claims is the world’s largest Ethereum (CRYPTO: $ETH) staking service. Bitmine, which is run by investor Tom Lee, has launched its new “Made in America Validator Network (MAVAN), a proprietary institutional-grade Ethereum staking platform. “MAVAN represents a critical step in our vision to build one of the leading staking and on-chain infrastructure platforms globally,” said Lee, who is chairm ...
Bitmine Immersion Nears 5% ETH Goal — What Happens Then?
247Wallst· 2026-03-24 12:25
Bitmine Immersion Nears 5% ETH Goal - What Happens Then? - 24/7 Wall St. S&P 5006,582.20 -0.15% Dow Jones46,190.00 -0.19% Nasdaq 10024,191.40 -0.14% Russell 20002,487.89 -0.29% FTSE 1009,931.40 -0.26% Nikkei 22552,805.50 -0.90% Investing Bitmine Immersion Nears 5% ETH Goal — What Happens Then? By Rich DupreyPublished Mar 24, 8:25AM EDT Quick Read Bitmine Immersion Technologies (BMNR) holds 3.9% of Ethereum's circulating supply and is pursuing a "5% Alchemy†strategy that targets 6 million ETH holdings to gen ...
Tom Lee's BitMine Purchases Another $138 million Of Ethereum
Yahoo Finance· 2026-03-23 13:42
Tom Lee's BitMine Purchases Another $138 million Of Ethereum BitMine Immersion Technologies (NYSE: $BMNR) has purchased another 65,341 Ethereum (CRYPTO: $ETH) as it bets that cryptocurrency prices are near a bottom. BitMine, run by investor Tom Lee, has leaned heavily into the market downturn in digital assets and continued buying Ethereum as the price has slumped. The latest acquisition by BitMine, worth $138 million U.S. lifted the company’s total holdings above 4.66 million ETH tokens, equivalent to 3. ...
BitMine stock eyes an explosive surge as Ethereum price forms a bullish pattern
Invezz· 2026-03-19 13:08
Crispus Nyaga Mar 19, 2026, 13:08 PM BitMine stock price remains in a deep slumber this month, continuing a trend that started in February. BMNR was trading at $21.4 on Wednesday, inside a range it has been stuck in since February 5 this year. It remains much lower than the all-time high of $161. This article explores why the stock may rebound soon. BitMine stock eyes an explosive surge as Ethereum price forms a bullish pattern BitMine stock eyes an explosive surge as Ethereum price forms a bullish pattern ...
Bitmine Immersion Technologies (BMNR) Announces $11.5B Crypto Treasury and Alchemy of 5% Milestones
Yahoo Finance· 2026-03-18 20:25
Bitmine Immersion Technologies Inc. (NYSE:BMNR) is one of the most buzzing stocks to buy with the highest upside potential. On March 16, Bitmine Immersion Technologies announced that its total holdings (including cryptocurrency, cash, and strategic ‘moonshot’ investments) reached $11.5 billion. As of March 15, the company’s Ethereum/ETH treasury has grown to 4.596 million tokens, representing ~3.81% of the total global supply. This rapid accumulation is part of Bitmine’s ‘Alchemy of 5%’ strategy, intended ...
Strategy and Bitmine Immersion Technologies Tumble 6%: Is the Crypto Treasury Trade Running Out of Steam?
247Wallst· 2026-03-18 17:22
Strategy and Bitmine Immersion Technologies Tumble 6%: Is the Crypto Treasury Trade Running Out of Steam? - 24/7 Wall St. S&P 5006,679.00 -0.76% Strategy and Bitmine Immersion Technologies Tumble 6%: Is the Crypto Treasury Trade Running Out of Steam? By David MoadelPublished Mar 18, 1:22PM EDT Quick Read Dow Jones46,580.00 -0.95% Nasdaq 10024,631.20 -0.82% Russell 20002,503.00 -0.70% FTSE 10010,295.80 -0.75% Nikkei 22554,255.50 -0.57% Stock Market Live March 18, 2026: S&P 500 (SPY) Flat on Hot Inflation Rea ...
Why Bitmine Immersion Technologies Stock Rocked the Market on Monday
Yahoo Finance· 2026-03-16 23:04
An investment in crypto company BitMine Immersion Technologies (NYSEMKT: BMNR) is one of the top sideways plays on the value of Ethereum. So when the currency does well, as it has lately, investors tend to welcome any move BitMine makes to expand its holdings. Sure enough, the company's regular Monday update indicated exactly that, and the market reacted by trading its stock up by almost 14%. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, c ...
Bitmine Soars 11% — Tom Lee's Ethereum Bet Just Got Even Bigger
247Wallst· 2026-03-16 15:47
Core Insights - Bitmine Immersion Technologies (BMNR) shares increased by 11% following the acquisition of 60,999 Ethereum (ETH), bringing total holdings to 4.596 million ETH, which is 3.81% of the total ETH supply [1][4][7] - The company is generating an estimated $180 million in annualized staking revenues from 3.04 million staked ETH [1][9] - Chairman Tom Lee linked the ETH accumulation to geopolitical tensions and rising oil prices, suggesting that these factors are driving institutional investors towards crypto assets [2][10] Company Developments - Bitmine's total treasury now stands at $11.5 billion, which includes cryptocurrency, cash, and other holdings [4][7] - The company aims to reach 5% of the total ETH supply, positioning itself as the largest Ethereum treasury globally [7] - Bitmine acquired 5,000 ETH directly from the Ethereum Foundation, indicating a strong relationship with the Foundation [8] Investment Strategy - The company has increased its investment in Eightco (ORBS) with a $75 million commitment, alongside ARK Invest and Payward, diversifying its portfolio [2][12] - Eightco has invested in OpenAI and MrBeast's Beast Industries, adding a layer of exposure beyond pure crypto holdings [12][13] Market Context - Tom Lee's analysis suggests that rising oil prices, which increased from $63.77 to $94.65, are causing a shift towards crypto assets as growth stocks amid economic concerns [10] - Ethereum has seen a year-to-date decline of 23% but has recently bounced back by 11.6% over the past week [11] Institutional Interest - ARK Investment Management holds approximately 9.4 million BMNR shares, and BlackRock has increased its stake by 165.6% [15] - Analyst consensus is "Buy" with an average price target of $34.50, significantly above the current trading price of $22.91 [15] Future Catalysts - The launch of the MAVAN staking infrastructure is planned for 2026, which is expected to enhance the company's staking yield [9] - Monitoring ETH's price action will be crucial, as sustained increases could significantly amplify the value of Bitmine's ETH holdings [17]
Bitmine Soars 11% — Tom Lee’s Ethereum Bet Just Got Even Bigger
Yahoo Finance· 2026-03-16 15:47
Of the 4.596 million ETH held, 3.04 million tokens are currently staked, generating what the company estimates as $180 million in annualized staking revenues. That is the part of the story that separates Bitmine from a simple crypto holding company.One detail worth noting: Bitmine acquired 5,000 ETH directly from the Ethereum Foundation, a transaction structured so the Foundation can fund its core activities without selling into the open market. That kind of direct deal with the Ethereum Foundation is not s ...
X @BSCN
BSCN· 2026-03-16 12:52
🚨JUST IN: BITMINE REVEALS $11.5B CRYPTO HOLDINGS WITH OVER 4.5M $ETHBitmine ( $BMNR ) has released its March 16 holdings update, disclosing $11.5B in total crypto and moonshot assets.The portfolio is anchored by the following:- 4,595,562 $ETH valued at $2,185 each- 196 $BTC- $200M stake in @MrBeast's Beast Industries- $83M in Eightco Holdings- $1.2B in cash. ...