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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
33 Articles
33 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...
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Read Full ArticleTom Lee’s BitMine Buys 41,788 ETH Worth $97 Million as Treasury Expansion Continues
BitMine buys 41,788 ETH worth $97 million as Tom Lee increases exposure during a crypto market pullback. The purchase lifts BitMine Ethereum holdings above 4.28 million ETH, strengthening its position as the largest ETH treasury. Strong cash reserves and rising staking income allow BitMine to expand Ethereum holdings without debt pressure. BitMine Immersion Technologies purchased 41,788 Ethereum worth about $97 million over the past week. The ac…
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Total News Sources33
Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
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