US EditionPublished • loading... • Updated
What's Going On With BitMine Stock? - BitMine Immersion (AMEX:BMNR)
- Bitmine said on February 1, 2026 that its crypto holdings include 4,285,125 ETH and 193 BTC, with 2,897,459 ETH staked, up 888,192 in a week.
- Over the weekend, crypto liquidations and market pressures prompted Bitmine to view the ETH pullback as attractive, amid prices dropping from about $3,000 to $2,300 in the past month.
- On‑chain data shows that `In the past week, we acquired 41,788 ETH`, and annualized staking revenues are now $188 million, up +18%.
- Monday, BitMine shares fell 7.05% to $23.33 amid the ETH slump, with Fundstrat showing an average daily dollar volume of $1.1 billion; the company owns 3.55% of ETH supply.
- At scale, MAVAN aims to deliver $374 million in annual ETH staking rewards, supported by 3 staking providers, as Bitmine plans early 2026 deployment.
Insights by Ground AI
21 Articles
21 Articles
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.285 Million Tokens, and Total Crypto and Total Cash Holdings of $10.7 Billion
Bitmine staked ETH stands at 2,873,459 and MAVAN staking solution on track to launch Q1 2026 Bitmine now owns 3.55% of the ETH token supply, over 70% of the...
·United States
Read Full Article
BitMine Faces $6B Unrealized Hit, but Tom Lee Says Immersion Plan Still Sound
BitMine Immersion Technologies (BMNR) deepened its Ethereum accumulation despite the market downturn, purchasing 41,788 ETH last week. The operation, valued at $96 million, raised its total holdings to 4,285,125 tokens, equivalent to 3.55% of Ethereum’s circulating supply. The drop in ETH price to $2,300 generated unrealized losses of approximately $6 billion on the company’s treasury. The combined value of its crypto, cash, and equity holdings …
Coverage Details
Total News Sources21
Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
Factuality
To view factuality data please Upgrade to Premium
