We recently published 10 Stocks Powering Into 2026 With Explosive Gains. Bitmine Immersion Technologies, Inc. (NYSEAmerican:BMNR) is one of the top performers on Friday. Bitmine Immersion snapped two days of losses on Friday, surging 14.88 percent to finish at $31.19 apiece as investors took heart from higher Ethereum prices during the session, while digesting the company's calls to approve a plan to raise its authorized capital stock to 50 billion. As of writing, prices of Ethereum were up by 4.09 perce ...

Core Viewpoint - BitMine Immersion Technologies is seeking shareholder approval to increase its authorized shares from 500 million to 50 billion, with a deadline of January 14, 2026, to support its capital-raising and expansion efforts [1][6]. Group 1: Business Model and Strategy - BitMine Immersion has transitioned from Bitcoin mining to establishing an Ethereum treasury, aiming to acquire 5% of the total ETH supply, similar to Michael Saylor's strategy for Bitcoin [3][4]. - As of December 28, 2025, BitMine holds 4,110,525 ETH, representing 3.41% of the total ETH supply, making it the largest corporate Ethereum treasury globally [4]. Group 2: Shareholder Proposal and Rationale - Tom Lee, the chairman of BitMine, argues that increasing the share count will not dilute existing share value and is essential for future capital market activities, including potential acquisitions and share splits [5][8]. - The proposed increase in authorized shares is intended to facilitate various financial strategies, such as at-the-money transactions and convertible instruments [6][8].

BitMine Immersion（BMNR）董事长 Tom Lee 在新年致股东信中呼吁股东支持董事会提出的授权股本调 整方案，拟将公司可授权股份数量从 5 亿股提高至 500 亿股，并明确表示该调整并非用于直接稀释现有 股东，而是为未来融资安排、潜在并购交易以及可能实施的股票拆分预留制度空间；相关提案的股东投 票截止日期为 1 月 14 日，年度股东大会计划于 1 月 15 日在拉斯维加斯举行。（CoinDesk） （来源：吴说） ...

In the video, Chairman Tom Lee explains the rationale behind Proposal 2, which seeks shareholder approval to amend the Company's Amended and Restated Certificate of Incorporation to increase authorized shares from 500 million to 50 billion. There are three reasons the Company needs to increase authorized shares: It would allow Bitmine to conduct capital markets activities, including at-the-market offerings, convertibles, and warrants. It would provide flexibility to pursue opportunistic deals, including po ...

Group 1 - BitMine Immersion Technologies is expected to be one of the most popular foreign stocks among South Korean investors in 2025, ranking second after Alphabet [1] - The company, supported by billionaire Peter Thiel and led by Wall Street analyst Tom Lee, saw its stock price surge over 3000% after announcing a shift from Bitcoin mining to accumulating Ethereum [1] - Despite a subsequent decline of approximately 82% from its peak, South Korean retail investors have invested a net total of $1.4 billion into BitMine by December 29, 2025 [1] Group 2 - Retail investors have increased their bets using higher-risk tools, injecting $566 million into the "2x Long BitMine Daily Target ETF," which aims to provide double the daily returns of the underlying asset [2] - BitMine currently holds approximately $12 billion worth of Ethereum, making it the largest digital asset treasury company focused on this token [2] - Ethereum itself has seen a decline of about 11% in 2025, with its price dropping to $2,979 after reaching a historical high of nearly $5,000 in August [2]

Core Insights - Bitmine has announced its total crypto and cash holdings amounting to $13.2 billion, which includes 4.11 million ETH tokens and $1.0 billion in cash [1][2] - The company holds 3.41% of the total ETH supply, which is 120.7 million ETH, and aims to reach 5% of the ETH supply [1][2] - Bitmine's annual shareholders meeting is scheduled for January 15, 2026, at Wynn Las Vegas, where shareholders are encouraged to vote on four key proposals [4][9] Financial Performance - As of December 28, 2025, Bitmine's crypto holdings include 4,110,525 ETH valued at $2,948 per ETH, 192 BTC, and a $23 million stake in Eightco Holdings [2] - The total staked ETH is 408,627, valued at approximately $1.2 billion, with a composite Ethereum staking rate (CESR) of 2.81% [5] - If fully staked, Bitmine's ETH could generate annual staking fees of $374 million, equating to over $1 million per day [5] Market Position - Bitmine is ranked as the 1 Ethereum treasury and 2 global treasury, following Strategy Inc. [6] - The company is the largest ETH treasury in the world and has a significant trading volume, averaging $980 million per day, making it the 46th most traded stock in the U.S. [8] Strategic Initiatives - Bitmine is working with three staking providers to launch its Made in America Validator Network (MAVAN) in 2026, which aims to provide a secure staking infrastructure [5][6] - The company emphasizes shareholder value creation through ETH acquisition, optimizing returns on ETH holdings, and strategic investments in "moonshots" [4] Shareholder Engagement - The upcoming annual meeting will address the election of eight directors, an increase in authorized common shares, approval of the Omnibus Incentive Plan 2025, and a performance-based compensation plan for the executive chairman [9]

Core Viewpoint - Some cryptocurrency-related stocks experienced an initial rise on Monday, indicating positive market sentiment towards the sector [1] Group 1: Stock Performance - IREN Ltd (IREN.US) and Bitmine Immersion Technologies (BMNR.US) both rose over 1.7%, with a peak increase of over 4% earlier in the day [1] - Circle (CRCL.US) saw a slight increase, previously rising over 2% [1] - CleanSpark (CLSK.US) increased by 0.87% [1]

格隆汇12月29日｜据Bitmine官方新闻稿披露，截至2025年12月28日，Bitmine Immersion Technologies （BMNR）一周内新增购入44,463枚以太坊（约1.3亿美元），当前ETH持仓达4,110,525枚，市值约 120.4亿美元，占以太坊总供应的3.41%。其中40.9万枚ETH已参与质押，年收益率预估为2.81%。 Bitmine正推进其MAVAN（美国本土验证网络）质押解决方案，计划于2026年Q1上线。此外，Bitmine 总加密资产与现金储备合计达132亿美元，并计划于2026年1月15日在拉斯维加斯召开年度股东大会，推 动授权股本扩增与激励计划等四项议案。公司目标是实现持有ETH总供应的5%，成为全球最大以太坊 金库。 ...

Core Viewpoint - Bitmine is positioning itself as a leading player in the cryptocurrency market, focusing on accumulating Ethereum (ETH) and enhancing shareholder value through strategic investments and staking solutions. Group 1: Company Holdings and Financials - Bitmine's total crypto and cash holdings amount to $13.2 billion, which includes 4.11 million ETH tokens valued at approximately $2,948 each, $1.0 billion in cash, and additional investments in other cryptocurrencies [1][2] - The company currently holds 3.41% of the total ETH supply, which is 120.7 million ETH, indicating significant market presence [2] - Bitmine's total staked ETH stands at 408,627, valued at $1.2 billion, with a staking rate of 2.81% [3][4] Group 2: Market Position and Trading Activity - Bitmine is the 47th most traded stock in the US, with an average daily trading volume of $980 million [6] - The company is recognized as the largest ETH treasury globally, surpassing other competitors in terms of crypto asset accumulation [4] Group 3: Strategic Initiatives and Future Plans - Bitmine is set to launch its MAVAN (Made in America Validator Network) staking solution in Q1 2026, aiming to provide a secure staking infrastructure [3][4] - The company is actively encouraging shareholders to vote on key proposals at the upcoming Annual Stockholder Meeting scheduled for January 15, 2026, to support its strategic goal of acquiring 5% of ETH [3][7] Group 4: Leadership and Institutional Support - Bitmine is backed by prominent institutional investors, including ARK's Cathie Wood and Pantera, which enhances its credibility and market position [1] - The company emphasizes the importance of shareholder engagement and support for its strategic initiatives [3]

Accumulation and Investment Trends - Trend Research withdrew 20,850 ETH worth $63.28 million from Binance and borrowed an additional $40 million in USDT, indicating aggressive accumulation as Ethereum trades near $3,000 [1] - Easy Come Easy Go's institutional arm controls 601,074 ETH valued at $1.83 billion, having borrowed $958 million in stablecoins for purchases at an average price of approximately $3,265 per token [2] - BitMine Immersion Technologies staked an additional $780 million in ETH, bringing its total to $1 billion over two days, solidifying its position as the largest Ethereum treasury holder with 4.07 million ETH [4] Market Dynamics and Staking - Entry queues for Ethereum have surged to 745,619 ETH with a 13-day wait, while exit queues have dropped to 360,518 ETH, potentially easing sell pressure by early January [3] - BitMine's aggressive staking activity has led to the addition of 98,852 ETH in the past week, surpassing the 4 million ETH threshold in just 5.5 months [5] - Approximately 70% of the 5% of Ethereum supply that changed hands since July was absorbed by BitMine, offsetting a large unstaking event [6] Future Projections - Joseph Chalom, co-CEO of Sharplink Gaming, forecasts Ethereum's total value locked could rise tenfold by 2026, with stablecoin issuance targeting $500 billion and tokenized real-world assets reaching $300 billion [7] - Chalom predicts that sovereign wealth funds will increase their Ethereum holdings and tokenization exposure by 5 to 10 times over the next year due to competitive pressure among large allocators [8]