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Categories: BUSINESS · TECHNOLOGY

BitMine boosts ETH stake, treasury to $11.8 B

Entities: Bitcoin · Tom Lee · Ethereum · ETH/BTC ratio · Bitmine Immersion Technologies

Overview

BitMine Immersion Technologies continued expanding its Ethereum position in late July 2026. After holding roughly 5.78 million ETH in mid‑July – about 4.8 % of circulating supply – the firm added another ~10,000 ETH during the week of July 25, bringing the treasury to about 5.79 million ETH and valuing crypto‑related assets at $11.8 billion.

Around 4.9 million ETH remains staked through the Made‑in‑America Validator Network (MAVAN), which the company hopes will generate up to $299 million in annual rewards once fully deployed. The staking effort supports BitMine’s goal of controlling roughly 5 % of the Ethereum network.

Institutional interest grew as Weiss Asset Management and other investors increased their holdings, with Weiss now owning about 4.33 million shares (≈0.76 % of equity). The firm also accelerated its $4 billion share‑repurchase programme, buying back 6.1 million shares in the latest week and reaching a cumulative 11.6 million shares repurchased.

The market responded positively: BMNR shares rose as much as 13 % in morning trade on July 27, while the stock traded near $15.80, down modestly from earlier levels. Chairman Tom Lee highlighted a three‑month high in the ETH/BTC ratio and set short‑term Ethereum price targets between $2,000 and $2,500.

Overall, BitMine’s shift toward a crypto‑focused model, expanded ETH treasury, and heightened institutional backing reinforce its strategy of generating yield from staking rather than relying solely on traditional mining operations.

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

Timeline

  1. 6 days ago

    [BUSINESS] 5 sources
    Bitmine Immersion Technologies Expands Ether Treasury to 5.79 million ETH

    Bitmine Immersion Technologies now holds 5.79 million ETH (4.8 % of supply), with 85 % staked and projected $299 M annual rewards; its chairman cites a three‑month high ETH/BTC ratio and the firm completed a 6.

  2. 8 days ago

    [BUSINESS] 11 sources
    BitMine Immersion Technologies expands Ethereum treasury and staking amid institutional buying

    Institutional investors boosted stakes in BitMine Immersion as the company shifted to a $10 bn Ethereum treasury, staking 4.9 million ETH through its MAVAN initiative.

  3. 10 days ago

    [BUSINESS] 2 sources
    BitMine Immersion Shifts to Ethereum, Acquires $73 Million in ETH

    BitMine Immersion (BMNR) pivots from Bitcoin to Ethereum, buying $73 M of ETH and staking most of it, while its shares tumble over 50 % amid a weak ETH market.

  4. 13 days ago

    [BUSINESS] 6 sources
    Bitmine Immersion Nears 5% Ethereum Supply as $11.5 B Treasury Grows

    Bitmine Immersion holds 4.8% of Ethereum supply, with a $11.5 B crypto treasury, 85% of ETH staked, and continues a $4 B share‑buyback while buying more ETH.

  5. 15 days ago

    [BUSINESS] 14 sources
    BitMine Immersion Technologies Holds 4.8% of Ethereum Supply

    BitMine Immersion Technologies now holds 5.78 million ETH (~4.8% of supply), has staked over 85%, repurchased 5.5 M shares, and is within 0.5 M ETH of its 5% target.

  6. 18 days ago

    [BUSINESS] 4 sources
    BitMine Immersion Technologies’ Ethereum Treasury Push Sends Stock Tumbling

    BitMine bought $73 M of ETH, holding 4.8 % of supply and targeting 5 % by 2026, but its stock fell sharply as investors question the treasury strategy.

  7. 20 days ago

    [BUSINESS] 3 sources
    BitMine holds 4.8% of ETH supply as Bitwise reports strong crypto fundamentals

    BitMine now holds 4.8% of Ethereum, staking most of it, while Bitwise’s latest report finds strong crypto fundamentals despite price drops.

  8. 27 days ago

    [BUSINESS] 7 sources
    Bitmine Approaches 5% of Ethereum Supply, Holding About $10 B in ETH

    Bitmine, led by Tom Lee, now holds about 5.7 million ETH (~$10 billion), roughly 5% of the circulating supply, after multiple purchases including 20,500 ETH from Galaxy Digital.

  9. 29 days ago

    [BUSINESS] 12 sources
    Bitmine Immersion Nears 5% of Ethereum Supply with 5.74 M ETH Holdings

    Bitmine Immersion now holds 5.74 M ETH (~4.8% of supply), $11.1 B total assets, 95% of its 5% target, with most ETH staked for $235‑$277 M annual yield; CEO cites U.S. Clarity Act hopes.

  10. about 1 month ago

    [BUSINESS] 7 sources
    Ethereum posts daily gains and a rare monthly buy signal as Q3 recovery gains steam

    Ethereum up 2.4% to $1,748, shows rare monthly buy signal, ETH/BTC breakout and record Binance withdrawals signal a Q3 recovery.

  11. about 1 month ago

    [BUSINESS] 11 sources
    Bitmine Raises Ethereum Treasury to 5.7 Million ETH, Joins Russell 1000 Index

    Bitmine added 27,084 ETH for $42‑43 M, lifting its stash to 5.7 M ETH (4.7 % of supply) and joining the Russell 1000, prompting expectations of new institutional investors despite a recent 7‑8 % ETH price dip.

  12. about 1 month ago

    [BUSINESS] 2 sources
    Galaxy Digital joins Russell 1000, marking major milestone for crypto firms

    Galaxy Digital and Ethereum‑focused Bitmine were added to the Russell 1000, giving crypto firms large‑cap status and boosting institutional exposure.

  13. about 1 month ago

    [BUSINESS] 3 sources
    BitMine added to Russell 1000 Index, boosting institutional Ethereum exposure

    BitMine will join the Russell 1000 on June 26 2026, holding 5.67 M ETH and staking 4.88 M ETH, which could drive billions of institutional funds into Ethereum exposure.

  14. about 1 month ago

    [TECHNOLOGY] 2 sources
    Ethereum Whale Activity Signals Deep Losses Amid Price Decline

    Ethereum whales hold unrealized losses for the first time since 2019, while a major whale opened a $19.7 M short near $1,500 support, betting on further price declines.

  15. about 1 month ago

    [BUSINESS] 6 sources
    Bitmine Immersion Technologies adds $92 million of Ethereum, now holds 4.7% of circulating supply

    Bitmine Immersion Technologies bought $92 million of ETH, bringing its holdings to 4.7% of supply and supporting its dividend‑paying preferred stock through staking revenue.

  16. about 1 month ago

    [BUSINESS] 4 sources
    Ethereum slides below $1,700 as ETF outflows curb market sentiment

    Ethereum fell to about $1,670, pressured by $66‑$82 million of spot ETF outflows and low open interest; analysts watch $1,750‑$1,800 resistance while Bitmine added $92 million of ETH.

  17. about 1 month ago

    [TECHNOLOGY] 7 sources
    Ethereum slides 43% YTD as $1,800 resistance holds and traders watch support zones

    Ethereum is down 43% YTD, trapped below $1,800 resistance, with RSI ~40, $1,400 support, mixed whale shorts vs. 73% long positions, and key short‑term support near $1,747.

  18. about 1 month ago

    [TECHNOLOGY] 4 sources
    Bitcoin miners pivot to AI and tokenized assets as Bitmine launches preferred stock dividend

    Bitmine declared a 9.5% perpetual preferred stock dividend as Bitcoin miners turn to AI infrastructure; Nvidia plans a $20 bn bond, tokenized assets hit $43 bn, Ripple backs Flutterwave, and Sam Bankman‑Fried’s

  19. about 2 months ago

    [BUSINESS] 3 sources
    BitMine's Ethereum Treasury Nears 5% of Supply, Valued at $10 B

    BitMine added 76,881 ETH, raising its holdings to 5.62 million (≈4.66% of supply) and valuing the portfolio at $10.2 billion, while staking over 4.1 million ETH for yield amid a crypto bear market.

  20. about 2 months ago

    [BUSINESS] 2 sources
    Ethereum nears $1,800 as BitMine expands holdings, Hedera token rallies

    Ethereum climbs toward $1,800 as BitMine adds 76,881 ETH; Hedera’s HBAR jumps 7.7% to $0.0835, hinting at further gains.

  21. about 2 months ago

    [BUSINESS] 7 sources
    Ethereum price hovers near $1,770 as traders await breakout

    Ethereum trades near $1,770, trapped between $1,754 support and $1,798 resistance. Bears dominate on daily charts, while brief whale buying and ETF outflows keep the outlook cautious.

  22. about 2 months ago

    [BUSINESS] 3 sources
    Bitmine Immersion Technologies Lists Preferred Stock on NYSE, Announces Dividends

    Bitmine Immersion Technologies announced its 9.5% Series A perpetual preferred stock will list on NYSE under BMNP on June 16 2026, with an initial dividend of $0.316667 per share payable June 22 and a second $0

  23. about 2 months ago

    [TECHNOLOGY] 3 sources
    Ethereum faces price pressure as Bitmine scales back large ETH purchases amid broader crypto market gains

    Bitmine’s >5.5 M ETH holdings (≈4.6 % supply) may halt aggressive buying, threatening ETH price, while Bitcoin sits at $63.8 k and Ethereum at $1.67 k with record staking tightening supply.

  24. about 2 months ago

    [BUSINESS] 2 sources
    BitMine nears 5% of Ethereum supply with $205 million purchase

    BitMine bought 25,000 ETH (~$41 M), lifting its holdings to about 5.54 M ETH (~4.6% of supply) and edging toward a 5% target, even as Ethereum’s price fell 44% this year and the firm faces large unrealized net‑

  25. about 2 months ago

    [BUSINESS] 4 sources
    Ethereum price holds above $1,500 as bearish pressure builds

    Ethereum hovers above $1,500 support; a drop below could lead to $1,260, while a $700 Delta Price signals deeper risk. Bitmine owns ~4.6% of supply; the foundation holds 0.16% and prioritises longevity.

  26. about 2 months ago

    [BUSINESS] 2 sources
    Bitmine expands Ethereum holdings despite $10 billion unrealized loss

    Bitmine added 25,000 ETH, raising its holdings to 5.54 million (≈4.6 % of supply) despite over $10 billion in unrealized losses and cites AI‑driven demand and staking revenue.

  27. about 2 months ago

    [BUSINESS] 6 sources
    BitMine expands Ethereum holdings with largest purchase of the year

    BitMine bought 126,971 ETH, raising its holdings to 5.5 million (≈4.6% of supply) despite a $9.7 bn unrealized loss, citing fundamentals and AI‑driven demand.

  28. about 2 months ago

    [TECHNOLOGY] 11 sources
    Ethereum price falls to 7‑year low amid volatility and whale trading

    Ethereum drops to a 7‑year low near $1,500‑$1,600; institutional funds fail to stabilize, a major whale sells $188 M then buys back lower, BitMine adds $214 M, and a short‑liquidation imbalance hints at a short

  29. about 2 months ago

    [TECHNOLOGY] 2 sources
    Ethereum price nears $1,600 support; potential rebound to $1,800‑$1,950

    Ethereum fell to $1,600, triggering a TD Sequential buy signal; support could spur a rise to $1,800‑$1,950. Bitmine holds 5.42 M ETH and seeks SEC approval for a dividend‑bearing Series A preferred stock.

  30. about 2 months ago

    [BUSINESS] 2 sources
    BitMine raises $273M, buys ETH, hits 92% of accumulation goal

    BitMine raised $273 million via a preferred‑stock offering and bought 127,000 ETH, reaching 92% of its accumulation target and expanding its $9.6 billion crypto treasury.

  31. about 2 months ago

    [BUSINESS] 2 sources
    Bitmine Immersion Technologies secures $280 million Series A preferred stock to expand Ethereum infrastructure

    Bitmine Immersion Technologies priced a $280 million Series A perpetual preferred stock offering at $80 per share, earmarking the funds for Ethereum‑related GPU infrastructure and staking expansion.

  32. about 2 months ago

    [BUSINESS] 8 sources
    Bitmine Immersion Technologies Launches $300M Series A Perpetual Preferred Stock Offering

    Bitmine Immersion Technologies is raising about $300 million via a 9.5% Series A perpetual preferred stock, pricing at $80 per share for 3.5 million shares, to fund further ETH purchases, staking infrastructure

  33. 2 months ago

    [BUSINESS] 5 sources
    Bitmine expands Ethereum holdings, targeting 5% of supply despite price dip

    Bitmine now holds over 5.4 M ETH (~$10.5 B), aiming for 5 % of supply by 2026, and keeps buying despite a price dip.

  34. 2 months ago

    [BUSINESS] 4 sources
    Bitmine adds over 25,000 ETH to its treasury, pushing holdings toward 5% of supply

    Bitmine bought 26,497 ETH ($53 m) and earlier 25,000 ETH ($50.5 m), raising its holdings to 5.4 million ETH (~4.5 % of supply) as it targets >5 % by year‑end, highlighting strong institutional confidence.

  35. 2 months ago

    [BUSINESS] 3 sources
    BitMine acquires 111,942 ETH for $237 million, now holds about 4.5% of supply

    BitMine bought 111,942 ETH for $237 million, raising its stake to about 4.5% of total supply and signaling strong institutional conviction amid weak prices.

  36. 2 months ago

    [TECHNOLOGY] 5 sources
    Ethereum price drop threatens Bitmine's $10 billion paper loss

    Ethereum fell below $2,100, with $1,600 as key support. Bitmine's 5.28 million ETH stake could incur up to $10 billion unrealized loss, though staking yields $289 million annually.

  37. 2 months ago

    [BUSINESS] 2 sources
    BitMine added to Russell indices as its Ethereum holdings drive market‑cap surge

    BitMine (BMNR) joins the Russell 3000 and is slated for Russell 1000 after its market cap tops $5.7 bn, driven by its 5.3 m ETH holdings, boosting institutional exposure to the crypto‑linked stock.

  38. 2 months ago

    [BUSINESS] 2 sources
    BitMine adds $126 M of Ethereum, eyes Russell 1000 index inclusion

    BitMine bought $126 M of ETH, raising its holdings to over 5.2 M ETH and positioning the firm for inclusion in the Russell 1000, linking crypto treasury moves to mainstream equity indexes.

  39. 3 months ago

    [BUSINESS] 5 sources
    BitMine boosts Ethereum holdings amid price dip

    BitMine bought $151 million of ETH as prices fell, raising its total to 5.28 million ETH and betting on a crypto spring.

  40. 3 months ago

    [BUSINESS] 30 sources
    Ethereum and Bitcoin Hover Near Critical Support Levels

    Ethereum steadies near $2.2k support amid ETF outflows, while Bitcoin slides below $78k, testing $74.9k support and $82k resistance.

  41. 3 months ago

    [BUSINESS] 2 sources
    Bitmine Immersion Technologies reports record ETH holdings, assets total $13.3 billion

    BMNR reports a record ETH stake of 5.078 million tokens and total crypto and cash assets of $13.3 billion as of April 29, 2026.

  42. 4 months ago

    [BUSINESS] 2 sources
    BitMine stock confronts Ethereum-driven losses amid strategic shift to staking

    BitMine reports Ethereum-related losses while pursuing staking-driven growth with high margins.

  43. 4 months ago

    [BUSINESS] 2 sources
    Blue Sky Capital Expands Holdings in BitMine Immersion Technologies, Inc.

    Blue Sky Capital boosts BitMine stake 340.5% to 95,799 shares in Q4 13F filing.

Sources

247wallst · ad-hoc-news · aktiencheck · ambcrypto.com · analyticsinsight.net · antaranews.com · avronline.de · bitcoinaddict.org · bitcoinethereumnews.com · bitcoinist.com · bitcoinsistemi.com · blockcast.cc · blockchain-hero.com · blockchainreporter.net · blocktempo.com · blockzeit.com · bpmoney.com.br · brca.org · btc-echo.de · btcmanager.com · bygumbygolly.com · cahighways.org · canceractive.com · captainaltcoin.com · charlesyang.substack.com · coin-turk.com · coincu.com · coinedition.com · coinfomania.com · coingape.com · coinidol.com · coinkurier.de · coinotag.com · coinpaper.com · coinpedia.org · cointelegraph.com · criptoinforme.com · criptonoticias.com · criptotendencias.com · crypto-economy.com · crypto-insiders.nl · crypto-reporter.com · crypto-times.jp · crypto.news · cryptobreaking.com · cryptobriefing.com · cryptonomist.ch · cryptoSlate.com