Bitmine (BMNR) Stock: Surge as 9,926 ETH Added While Ethereum Holdings Reach 5.82 Million
TLDR
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Bitmine adds 9,926 ETH as total Ethereum holdings reach 5.82 million coins.
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BMNR stock climbs 3.95% to $18.80 following Bitmine’s latest treasury update.
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Bitmine now controls 4.8% of Ethereum’s supply, nearing its targeted 5% level.
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The company has staked 5.07 million ETH worth about $9.6 billion at current prices.
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Bitmine repurchases 1.7 million shares, lifting total buybacks above 20.8 million.
Bitmine Immersion Technologies (BMNR) shares climbed 3.95% to $18.80 as the company expanded its large Ethereum treasury. The company added 9,926 ETH during the past week, extending purchases that began with its 2025 treasury strategy. Bitmine now controls about 5.82 million ETH, representing roughly 4.8% of Ethereum’s current total supply.
Bitmine Immersion Technologies, Inc., BMNR
BMNR Stock Rises as Bitmine Expands Crypto Treasury
Bitmine reported total crypto, cash, securities, and strategic holdings worth approximately $11.4 billion. The company holds $78 million in cash and marketable securities alongside its cryptocurrency assets. Meanwhile, BMNR shares gained early momentum following the latest update on its treasury expansion.
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