BMNR Stock Price Gains Over 7% as BitMine Adds 32,447 Ethereum Tokens
Key Insights:
- BMNR stock price gained 7.10% after BitMine expanded its Ethereum treasury.
- BitMine now holds 5,847,611 ETH, representing about 4.8% of Ethereum’s supply.
- The company has staked 5,067,309 ETH, projecting $330 million in annualized revenue.
BMNR stock price rose 7.10% to $24.45 after BitMine Immersion Technologies expanded its Ethereum treasury during the past week. The company acquired 32,447 ETH, raising its total holdings to 5,847,611 tokens.
That position represents about 4.8% of Ethereum’s 120.7 million-token supply. The disclosure also detailed BitMine’s staking balance, liquidity, other investments, and total asset value.
BitMine Expands Its Ethereum Position
In the Press Release published on 24th August, 2026, BitMine valued the Ether position at a $2,440 Coinbase reference price. At that price, the holding carried an indicated value of about $14.27 billion.
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