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[SITUATION] · [ACTIVE]
43 clusters · 117 sources · 108 days · First seen · Last updated
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.
- [● 4 SOURCES] Bitmine Immersion Technologies holds 5.79 million Ether, about 4.8 % of the total circulating supply. (All articles)
- [● 4 SOURCES] Approximately 4.9 million ETH, or 85 % of Bitmine’s holdings, are staked through validator operations. (All articles)
- [● 4 SOURCES] Bitmine expects about $299 million in annualized staking rewards once all Ether is fully deployed. (All articles)
- [● 4 SOURCES] The company’s total crypto, cash and marketable‑securities holdings were valued at $11.8 billion as of 26 July. (All articles)
- [● 4 SOURCES] Bitmine purchased nearly 10,000 ETH during the past week. (All articles)
- [● 4 SOURCES] Ether outperformed Bitcoin over the past week, gaining about 2.4 % while Bitcoin fell roughly 0.7 %. (All articles)
- [● 4 SOURCES] Tom Lee said the ETH/BTC ratio reached a three‑month high near 0.30, indicating strengthening momentum for Ethereum. (All articles)
- [○ 1 SOURCE] Bitmine accelerated its $4 billion share‑repurchase program, buying back 6.1 million shares, for a total of 11.6 million shares repurchased since early July, the largest buyback by any public Ethereum (75a5c374-0b81-430e-b75a-01fa3a24518c)
Timeline
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6 days ago
[BUSINESS] 5 sourcesBitmine Immersion Technologies Expands Ether Treasury to 5.79 million ETHBitmine 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.
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8 days ago
[BUSINESS] 11 sourcesBitMine Immersion Technologies expands Ethereum treasury and staking amid institutional buyingInstitutional 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.
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10 days ago
[BUSINESS] 2 sourcesBitMine Immersion Shifts to Ethereum, Acquires $73 Million in ETHBitMine 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.
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13 days ago
[BUSINESS] 6 sourcesBitmine Immersion Nears 5% Ethereum Supply as $11.5 B Treasury GrowsBitmine 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.
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15 days ago
[BUSINESS] 14 sourcesBitMine Immersion Technologies Holds 4.8% of Ethereum SupplyBitMine 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.
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18 days ago
[BUSINESS] 4 sourcesBitMine Immersion Technologies’ Ethereum Treasury Push Sends Stock TumblingBitMine 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.
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20 days ago
[BUSINESS] 3 sourcesBitMine holds 4.8% of ETH supply as Bitwise reports strong crypto fundamentalsBitMine now holds 4.8% of Ethereum, staking most of it, while Bitwise’s latest report finds strong crypto fundamentals despite price drops.
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27 days ago
[BUSINESS] 7 sourcesBitmine Approaches 5% of Ethereum Supply, Holding About $10 B in ETHBitmine, 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.
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29 days ago
[BUSINESS] 12 sourcesBitmine Immersion Nears 5% of Ethereum Supply with 5.74 M ETH HoldingsBitmine 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.
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about 1 month ago
[BUSINESS] 7 sourcesEthereum posts daily gains and a rare monthly buy signal as Q3 recovery gains steamEthereum up 2.4% to $1,748, shows rare monthly buy signal, ETH/BTC breakout and record Binance withdrawals signal a Q3 recovery.
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about 1 month ago
[BUSINESS] 11 sourcesBitmine Raises Ethereum Treasury to 5.7 Million ETH, Joins Russell 1000 IndexBitmine 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.
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about 1 month ago
[BUSINESS] 2 sourcesGalaxy Digital joins Russell 1000, marking major milestone for crypto firmsGalaxy Digital and Ethereum‑focused Bitmine were added to the Russell 1000, giving crypto firms large‑cap status and boosting institutional exposure.
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about 1 month ago
[BUSINESS] 3 sourcesBitMine added to Russell 1000 Index, boosting institutional Ethereum exposureBitMine 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.
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about 1 month ago
[TECHNOLOGY] 2 sourcesEthereum Whale Activity Signals Deep Losses Amid Price DeclineEthereum 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.
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about 1 month ago
[BUSINESS] 6 sourcesBitmine Immersion Technologies adds $92 million of Ethereum, now holds 4.7% of circulating supplyBitmine 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.
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about 1 month ago
[BUSINESS] 4 sourcesEthereum slides below $1,700 as ETF outflows curb market sentimentEthereum 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.
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about 1 month ago
[TECHNOLOGY] 7 sourcesEthereum slides 43% YTD as $1,800 resistance holds and traders watch support zonesEthereum 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.
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about 1 month ago
[TECHNOLOGY] 4 sourcesBitcoin miners pivot to AI and tokenized assets as Bitmine launches preferred stock dividendBitmine 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
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about 2 months ago
[BUSINESS] 3 sourcesBitMine's Ethereum Treasury Nears 5% of Supply, Valued at $10 BBitMine 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.
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about 2 months ago
[BUSINESS] 2 sourcesEthereum nears $1,800 as BitMine expands holdings, Hedera token ralliesEthereum climbs toward $1,800 as BitMine adds 76,881 ETH; Hedera’s HBAR jumps 7.7% to $0.0835, hinting at further gains.
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about 2 months ago
[BUSINESS] 7 sourcesEthereum price hovers near $1,770 as traders await breakoutEthereum 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.
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about 2 months ago
[BUSINESS] 3 sourcesBitmine Immersion Technologies Lists Preferred Stock on NYSE, Announces DividendsBitmine 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
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about 2 months ago
[TECHNOLOGY] 3 sourcesEthereum faces price pressure as Bitmine scales back large ETH purchases amid broader crypto market gainsBitmine’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.
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about 2 months ago
[BUSINESS] 2 sourcesBitMine nears 5% of Ethereum supply with $205 million purchaseBitMine 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‑
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about 2 months ago
[BUSINESS] 4 sourcesEthereum price holds above $1,500 as bearish pressure buildsEthereum 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.
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about 2 months ago
[BUSINESS] 2 sourcesBitmine expands Ethereum holdings despite $10 billion unrealized lossBitmine 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.
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about 2 months ago
[BUSINESS] 6 sourcesBitMine expands Ethereum holdings with largest purchase of the yearBitMine 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.
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about 2 months ago
[TECHNOLOGY] 11 sourcesEthereum price falls to 7‑year low amid volatility and whale tradingEthereum 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
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about 2 months ago
[TECHNOLOGY] 2 sourcesEthereum price nears $1,600 support; potential rebound to $1,800‑$1,950Ethereum 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.
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about 2 months ago
[BUSINESS] 2 sourcesBitMine raises $273M, buys ETH, hits 92% of accumulation goalBitMine 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.
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about 2 months ago
[BUSINESS] 2 sourcesBitmine Immersion Technologies secures $280 million Series A preferred stock to expand Ethereum infrastructureBitmine 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.
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about 2 months ago
[BUSINESS] 8 sourcesBitmine Immersion Technologies Launches $300M Series A Perpetual Preferred Stock OfferingBitmine 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
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2 months ago
[BUSINESS] 5 sourcesBitmine expands Ethereum holdings, targeting 5% of supply despite price dipBitmine now holds over 5.4 M ETH (~$10.5 B), aiming for 5 % of supply by 2026, and keeps buying despite a price dip.
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2 months ago
[BUSINESS] 4 sourcesBitmine adds over 25,000 ETH to its treasury, pushing holdings toward 5% of supplyBitmine 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.
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2 months ago
[BUSINESS] 3 sourcesBitMine acquires 111,942 ETH for $237 million, now holds about 4.5% of supplyBitMine 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.
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2 months ago
[TECHNOLOGY] 5 sourcesEthereum price drop threatens Bitmine's $10 billion paper lossEthereum 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.
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2 months ago
[BUSINESS] 2 sourcesBitMine added to Russell indices as its Ethereum holdings drive market‑cap surgeBitMine (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.
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2 months ago
[BUSINESS] 2 sourcesBitMine adds $126 M of Ethereum, eyes Russell 1000 index inclusionBitMine 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.
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3 months ago
[BUSINESS] 5 sourcesBitMine boosts Ethereum holdings amid price dipBitMine bought $151 million of ETH as prices fell, raising its total to 5.28 million ETH and betting on a crypto spring.
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3 months ago
[BUSINESS] 30 sourcesEthereum and Bitcoin Hover Near Critical Support LevelsEthereum steadies near $2.2k support amid ETF outflows, while Bitcoin slides below $78k, testing $74.9k support and $82k resistance.
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3 months ago
[BUSINESS] 2 sourcesBitmine Immersion Technologies reports record ETH holdings, assets total $13.3 billionBMNR 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.
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4 months ago
[BUSINESS] 2 sourcesBitMine stock confronts Ethereum-driven losses amid strategic shift to stakingBitMine reports Ethereum-related losses while pursuing staking-driven growth with high margins.
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4 months ago
[BUSINESS] 2 sourcesBlue 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