BitMine Immersion Technologies

Company

Last mentioned: 3h ago

Timeline

  1. Milestone Reached

    Total holdings reach 4.596 million ETH, valued at over $10.7 billion.

  2. Foundation Deal

    Company buys 5,000 ETH directly from the Ethereum Foundation for $10.2 million.

  3. Major Acquisition

    Bitmine acquires 50,928 ETH as part of its 5% supply target strategy.

  4. Treasury Expansion News

    BMNR shares jump 8% following reports of aggressive ETH treasury growth.

Stories mentioning BitMine Immersion Technologies 2

Markets Bullish

Bitmine Surges 11% as Tom Lee’s Massive Ethereum Bet Gains Momentum

Bitmine Immersion Technologies shares jumped 11% following the disclosure of its massive 4.6 million ETH treasury, a move heavily endorsed by Fundstrat’s Tom Lee. The surge highlights a growing institutional shift toward Ethereum as a primary reserve asset, with the token recently outperforming Bitcoin in daily gains.

2 sources
Markets Bullish

Bitmine Immersion Technologies Amasses $11.5B Treasury in Massive ETH Pivot

Bitmine Immersion Technologies (BMNR) has officially reported holdings of 4.596 million Ethereum tokens, bringing its total treasury value to $11.5 billion. This aggressive accumulation strategy positions the company as a primary institutional proxy for Ethereum, mirroring the Bitcoin-centric treasury model.

2 sources