Why Is BitMine Immersion Stock Gaining Monday? - BitMine Immersion (AMEX:BMNR)
The company said 3.98% of ether supply is now in its treasury, while annualized staking revenue reached $196 million.
- On Thursday, April 9, 2026, Bitmine Immersion Technologies will commence trading on the New York Stock Exchange after uplisting from NYSE American, managing $11.4 billion in total crypto and cash holdings.
- Bitmine is executing its "alchemy of 5%" strategy to accumulate 5% of the total Ethereum supply, currently holding 3.98% of the 120.7 million ETH circulating supply.
- The company launched MAVAN on Monday to manage staking operations, with 3.33 million ETH now staked through the platform generating $196 million in annualized revenue.
- Chairman Thomas "Tom" Lee stated that ETH acts as a "wartime store of value," noting it gained 6.8% since the Iran conflict began, outperforming the S&P 500 by 1,130 basis points.
- Backed by institutional investors including ARK Invest and Founders Fund, Bitmine ranks as the 96th most traded U.S. stock, averaging $987 million in daily trading volume.
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Why Is BitMine Immersion Stock Gaining Monday? - BitMine Immersion (AMEX:BMNR)
BitMine Immersion Technologies Inc. (NYSE:BMNR) shares rose Monday, riding Bitcoin's rally above $69,000 and a fresh company update highlighting total holdings of $11.4 billion. Holdings Surge to $11.4 Billion On Monday, BitMine said its total crypto, cash, and "moonshot" holdings reached $11.4 billion, driven by a growing Ethereum treasury and continued accumulation. The company will uplist from the NYSE American to the New York Stock Exchange …
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.803 Million Tokens, and Total Crypto and Total Cash Holdings of $11.4 Billion
Bitmine has been approved for uplisting to the New York Stock Exchange ("NYSE") from the NYSE American effective at the opening of trading on April 9, 2026...
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.803 Million Tokens, and Total Crypto and Total Cash Holdings of $11.4 Billion - BlockTelegraph
Bitmine has been approved for uplisting to the New York Stock Exchange (“NYSE”) from the NYSE American effective at the opening of trading on April 9, 2026 Bitmine has 3,334,637 staked ETH, representing $7.1 billion at $2,123 per ETH MAVAN (Made in America VAlidator Network) is the premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience Bitmine now owns 3.98% of the ETH tok…
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