Bitmine Surpasses 4% of Total ETH Supply
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy BMNR?
Source: PRnewswire
- Significant ETH Holdings: Bitmine currently holds 3,334,637 ETH, valued at $7.4 billion based on the current price of $2,206, demonstrating its substantial influence in the Ethereum market and laying a foundation for future investment growth.
- Exchange Migration Plan: Bitmine plans to transition from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, which is expected to enhance its market image and potentially attract more investor attention, further boosting its liquidity.
- Launch of MAVAN Platform: Bitmine has introduced MAVAN (Made in America Validator Network) to provide efficient Ethereum staking services for institutional investors, with projected annual staking revenues of $310 million, enhancing its competitive position in the market.
- Outstanding Market Performance: Bitmine's stock is performing exceptionally well in the U.S. market, with an average daily trading volume of $747 million, ranking 117th, indicating its popularity among investors and market recognition.
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Analyst Views on BMNR
Wall Street analysts forecast BMNR stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 21.480
Low
39.00
Averages
43.00
High
47.00
Current: 21.480
Low
39.00
Averages
43.00
High
47.00
About BMNR
Bitmine Immersion Technologies Inc. is a Bitcoin (BTC) and Ethereum (ETH) network company, focusing on the accumulation of Crypto for long-term investment. The Company’s business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies, and general Bitcoin advisory to public companies. Its business integrates a digital asset treasury anchored in ETH with an operating platform historically focused on BTC mining and hosting. Through its legacy mining-as-a-service business, it provided turnkey infrastructure and management solutions for institutional clients seeking BTC mining exposure without direct operational obligations. The mining-as-a-services include hardware sales and deployment support; operations management, uptime maximization, and pool payout optimization; and financial reporting and compliance support.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Bitmine Immersion Technologies Holds $11.8B in Assets
- Total Asset Value: Bitmine Immersion Technologies announced that its total assets have reached $11.8 billion, including 4.87 million Ethereum (ETH), 198 Bitcoin (BTC), $719 million in cash, and $200 million in Beast Industries and $85 million in Eightco (ORBS), showcasing the company's strong position in the digital asset space.
- Ethereum Staking Returns: As of April 13, approximately 3.33 million Ethereum (about 68%) are already staked, generating $212 million annually, with potential growth to $310 million, indicating the company's deep involvement in the Ethereum ecosystem and its profit potential.
- Market Performance: Bitmine Immersion Technologies' stock is currently up about 1.5%, trading at approximately $21.54, reflecting positive market sentiment regarding its asset portfolio and future growth potential, while Ethereum's trading price has also slightly increased to around $2,210.
- Listing Impact: The company recently uplisted to the NYSE under the ticker “BMNR,” a move that not only enhances its market visibility but may also inject new momentum into its future capital operations and investor confidence.
See More
Bitmine Holds Over 4% of Total ETH Supply
- ETH Holdings Surge: Bitmine currently holds 3,334,637 ETH valued at $7.4 billion, representing 4.04% of the total ETH supply, which solidifies its position as the largest ETH treasury globally and enhances its market influence.
- Rapid Growth Target: In just nine months, Bitmine has achieved 81% of its “Alchemy of 5%” goal, demonstrating strong growth potential in ETH accumulation, which is likely to attract more investor interest in its long-term investment strategy.
- Exchange Listing Change: Bitmine transitioned from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, a move that not only enhances its market image but may also improve stock liquidity and attract more institutional investors.
- Liquidity and Market Performance: Bitmine's total cryptocurrency and liquidity amount to $11.8 billion, with its stock averaging $747 million in daily trading volume, ranking 117th in the U.S. market, reflecting its active market presence and investor confidence.
See More
Bitcoin Price Fluctuations and Market Sentiment
- Bitcoin Price Dynamics: Bitcoin fell by 1.2% in the last 24 hours, currently trading at $73,717 after briefly reaching a one-month high of $75,000, yet retail sentiment remains in the 'bullish' zone, indicating investor expectations for a price rebound.
- Market Sentiment Analysis: Discussions around Bitcoin on Stocktwits maintain a 'high' level of engagement, reflecting sustained interest from retail investors, and despite the recent price drop, overall sentiment remains optimistic about future performance.
- Company Stock Performance: Coinbase Global, Inc. and Strategy Inc. both experienced declines in pre-market trading, with Coinbase down over 1% and Strategy down 0.57%, indicating a cautious market outlook for crypto-related companies, despite Coinbase's previous day gain of over 5%.
- BMNR Interest Surge: Bitmine Immersion Technologies, Inc. saw a 347% increase in message volume over the past week, even though its stock dipped by 0.14%, the market perceives its potential value positively, especially with Ethereum's price rallying, positioning BMNR as a potential high-return investment.
See More
Bitmine Holds Over 4% of ETH Supply and Upgrades to NYSE
- Significant ETH Holdings: Bitmine currently holds 4,874,858 ETH, representing approximately 4.04% of the total supply, positioning it as a leading Ethereum treasury and reinforcing its market dominance.
- Surging Trading Volume: The company's stock has an average trading volume of $747 million over the past five days, ranking it as the 117th most traded stock in the U.S., indicating strong market interest in its growth potential and likely attracting more investor attention.
- Earnings Growth Potential: With a total of 3,334,637 ETH staked, Bitmine anticipates annual staking revenues of $212 million, showcasing its profitability and sustainability in the cryptocurrency market, which enhances its investment appeal.
- Strategic Upgrade: Bitmine successfully upgraded to the New York Stock Exchange on April 9, 2026, marking an elevation in its capital market status, expected to attract more institutional investors and enhance the company's brand image.
See More
Bitmine Surpasses 4% of Total ETH Supply
- Significant ETH Holdings: Bitmine currently holds 3,334,637 ETH, valued at $7.4 billion based on the current price of $2,206, demonstrating its substantial influence in the Ethereum market and laying a foundation for future investment growth.
- Exchange Migration Plan: Bitmine plans to transition from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, which is expected to enhance its market image and potentially attract more investor attention, further boosting its liquidity.
- Launch of MAVAN Platform: Bitmine has introduced MAVAN (Made in America Validator Network) to provide efficient Ethereum staking services for institutional investors, with projected annual staking revenues of $310 million, enhancing its competitive position in the market.
- Outstanding Market Performance: Bitmine's stock is performing exceptionally well in the U.S. market, with an average daily trading volume of $747 million, ranking 117th, indicating its popularity among investors and market recognition.
See More
Bitmine Holds Over 4% of Total ETH Supply
- Significant ETH Holdings: Bitmine currently holds 4,874,858 ETH valued at $7.4 billion, representing 4.04% of the total ETH supply, which positions it as a leading entity among global ETH holders and reinforces its status as a primary ETH reserve.
- Institutional Investor Support: Bitmine has garnered backing from top institutional investors, including Cathie Wood of ARK and Pantera, aiming to achieve its goal of acquiring 5% of total ETH, which not only boosts market confidence but could also drive stock price appreciation.
- Launch of MAVAN Platform: Bitmine officially launched MAVAN (Made in America Validator Network) to provide efficient ETH staking services for institutional investors, which is expected to attract more capital inflows and enhance the company's market competitiveness.
- High Trading Volume Ranking: Bitmine's stock achieves an average daily trading volume of $747 million, ranking 117th in the U.S. market, indicating its popularity among investors and market activity, potentially laying the groundwork for future capital appreciation.
See More
Bitmine Immersion Technologies Holds $11.8B in Assets
- Total Asset Value: Bitmine Immersion Technologies announced that its total assets have reached $11.8 billion, including 4.87 million Ethereum (ETH), 198 Bitcoin (BTC), $719 million in cash, and $200 million in Beast Industries and $85 million in Eightco (ORBS), showcasing the company's strong position in the digital asset space.
- Ethereum Staking Returns: As of April 13, approximately 3.33 million Ethereum (about 68%) are already staked, generating $212 million annually, with potential growth to $310 million, indicating the company's deep involvement in the Ethereum ecosystem and its profit potential.
- Market Performance: Bitmine Immersion Technologies' stock is currently up about 1.5%, trading at approximately $21.54, reflecting positive market sentiment regarding its asset portfolio and future growth potential, while Ethereum's trading price has also slightly increased to around $2,210.
- Listing Impact: The company recently uplisted to the NYSE under the ticker “BMNR,” a move that not only enhances its market visibility but may also inject new momentum into its future capital operations and investor confidence.
See More
Bitmine Holds Over 4% of Total ETH Supply
- ETH Holdings Surge: Bitmine currently holds 3,334,637 ETH valued at $7.4 billion, representing 4.04% of the total ETH supply, which solidifies its position as the largest ETH treasury globally and enhances its market influence.
- Rapid Growth Target: In just nine months, Bitmine has achieved 81% of its “Alchemy of 5%” goal, demonstrating strong growth potential in ETH accumulation, which is likely to attract more investor interest in its long-term investment strategy.
- Exchange Listing Change: Bitmine transitioned from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, a move that not only enhances its market image but may also improve stock liquidity and attract more institutional investors.
- Liquidity and Market Performance: Bitmine's total cryptocurrency and liquidity amount to $11.8 billion, with its stock averaging $747 million in daily trading volume, ranking 117th in the U.S. market, reflecting its active market presence and investor confidence.
See More
Bitcoin Price Fluctuations and Market Sentiment
- Bitcoin Price Dynamics: Bitcoin fell by 1.2% in the last 24 hours, currently trading at $73,717 after briefly reaching a one-month high of $75,000, yet retail sentiment remains in the 'bullish' zone, indicating investor expectations for a price rebound.
- Market Sentiment Analysis: Discussions around Bitcoin on Stocktwits maintain a 'high' level of engagement, reflecting sustained interest from retail investors, and despite the recent price drop, overall sentiment remains optimistic about future performance.
- Company Stock Performance: Coinbase Global, Inc. and Strategy Inc. both experienced declines in pre-market trading, with Coinbase down over 1% and Strategy down 0.57%, indicating a cautious market outlook for crypto-related companies, despite Coinbase's previous day gain of over 5%.
- BMNR Interest Surge: Bitmine Immersion Technologies, Inc. saw a 347% increase in message volume over the past week, even though its stock dipped by 0.14%, the market perceives its potential value positively, especially with Ethereum's price rallying, positioning BMNR as a potential high-return investment.
See More
Bitmine Holds Over 4% of ETH Supply and Upgrades to NYSE
- Significant ETH Holdings: Bitmine currently holds 4,874,858 ETH, representing approximately 4.04% of the total supply, positioning it as a leading Ethereum treasury and reinforcing its market dominance.
- Surging Trading Volume: The company's stock has an average trading volume of $747 million over the past five days, ranking it as the 117th most traded stock in the U.S., indicating strong market interest in its growth potential and likely attracting more investor attention.
- Earnings Growth Potential: With a total of 3,334,637 ETH staked, Bitmine anticipates annual staking revenues of $212 million, showcasing its profitability and sustainability in the cryptocurrency market, which enhances its investment appeal.
- Strategic Upgrade: Bitmine successfully upgraded to the New York Stock Exchange on April 9, 2026, marking an elevation in its capital market status, expected to attract more institutional investors and enhance the company's brand image.
See More
Bitmine Surpasses 4% of Total ETH Supply
- Significant ETH Holdings: Bitmine currently holds 3,334,637 ETH, valued at $7.4 billion based on the current price of $2,206, demonstrating its substantial influence in the Ethereum market and laying a foundation for future investment growth.
- Exchange Migration Plan: Bitmine plans to transition from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, which is expected to enhance its market image and potentially attract more investor attention, further boosting its liquidity.
- Launch of MAVAN Platform: Bitmine has introduced MAVAN (Made in America Validator Network) to provide efficient Ethereum staking services for institutional investors, with projected annual staking revenues of $310 million, enhancing its competitive position in the market.
- Outstanding Market Performance: Bitmine's stock is performing exceptionally well in the U.S. market, with an average daily trading volume of $747 million, ranking 117th, indicating its popularity among investors and market recognition.
See More
Bitmine Holds Over 4% of Total ETH Supply
- Significant ETH Holdings: Bitmine currently holds 4,874,858 ETH valued at $7.4 billion, representing 4.04% of the total ETH supply, which positions it as a leading entity among global ETH holders and reinforces its status as a primary ETH reserve.
- Institutional Investor Support: Bitmine has garnered backing from top institutional investors, including Cathie Wood of ARK and Pantera, aiming to achieve its goal of acquiring 5% of total ETH, which not only boosts market confidence but could also drive stock price appreciation.
- Launch of MAVAN Platform: Bitmine officially launched MAVAN (Made in America Validator Network) to provide efficient ETH staking services for institutional investors, which is expected to attract more capital inflows and enhance the company's market competitiveness.
- High Trading Volume Ranking: Bitmine's stock achieves an average daily trading volume of $747 million, ranking 117th in the U.S. market, indicating its popularity among investors and market activity, potentially laying the groundwork for future capital appreciation.
See More
