Tom Lee of BMNR Highlights 'Softer' Inflation Trends Before Weekly ETH Purchase Update
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 23 2026
0mins
Should l Buy BMNR?
Source: stocktwits
Inflation Trends: Tom Lee suggests that inflation may soften more than expected, indicating a potential significant decline over the next six months, which could influence interest rate cuts by the Federal Reserve.
Market Reactions: Traders are closely monitoring Bitmine's upcoming Ethereum purchase update, anticipating it to be the largest since mid-December, amidst a backdrop of bearish sentiment in the Ethereum market.
Current Inflation Data: Recent U.S. CPI numbers show inflation cooling more than anticipated, yet still above the Federal Reserve's 2% target, with a notable gap between CPI and truflation metrics.
Ethereum Performance: BMNR's stock has seen a decline of over 28% this year, while Ethereum's price has dropped nearly 37%, reflecting ongoing challenges in the cryptocurrency market.
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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: 22.790
Low
39.00
Averages
43.00
High
47.00
Current: 22.790
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 Announces $13.1B Crypto Holdings
- Total Crypto Holdings: Bitmine Immersion Technologies announced a total of $13.1 billion in crypto assets and cash, including 5.18 million ETH valued at $2,336 each, showcasing the company's robust position in the crypto market.
- Ethereum Supply Share: As of May 3, 2026, Bitmine's Ethereum holdings represent 4.29% of the total ETH supply, indicating the company's significant role in the Ethereum ecosystem, which may support future value appreciation.
- Launch of MAVAN Platform: Bitmine recently launched MAVAN (Made in American Validator Network) to provide best-in-class staking infrastructure for institutional investors and ecosystem partners, further enhancing its competitive edge in the crypto market.
- Aggressive Accumulation Strategy: The company has maintained an increased pace of ETH purchases over the past four weeks, acquiring an additional 101,745 ETH last week, demonstrating its proactive positioning as the mini-crypto winter concludes, potentially preparing for future market rebounds.
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- Market Overview: The NYSE order imbalance indicates a significant sell-side pressure with a total of 5,138,990 shares on the sell side.
- Implications for Investors: This imbalance may suggest potential downward pressure on stock prices, prompting investors to reassess their positions.
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Bitmine Holds 4.29% of Total Ethereum Supply
- Ethereum Holdings: Bitmine currently holds 4,362,757 ETH, valued at $10.2 billion based on a price of $2,336 per ETH, which positions it as a leader in Ethereum reserves and strengthens its standing in the crypto market.
- Exchange Upgrade: Bitmine upgraded from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, marking an increase in the company's recognition in capital markets and is expected to attract more investor attention to its stock.
- Revenue Growth Potential: Bitmine's ETH staking rewards are projected to reach $352 million annually based on its staking activities on the MAVAN platform, which not only enhances the company's cash flow but also strengthens its competitive edge in crypto asset management.
- Market Support: Bitmine is backed by several prominent institutional investors, including Cathie Wood from ARK, indicating strong market confidence in its long-term growth strategy, especially amid the recovery of the cryptocurrency market.
See More
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- Market Indicator Surge: The NASDAQ 100 Pre-Market Indicator rises by 205.3 points to 27,857.12, indicating a positive shift in market sentiment that may attract more investor interest in tech stocks.
- Active Stock Performance: GraniteShares 2x Long COIN Daily ETF (CONL) increases by 0.7 to $9.72 with a trading volume of 5,185,460 shares, representing a 93.63% rise from its 52-week low, reflecting sustained investor interest in cryptocurrencies.
- Intel Earnings Forecast Revisions: Intel Corporation (INTC) sees its stock price rise by 3.73 to $99.51 with 4,203,982 shares traded, as it has had 10 upward revisions in earnings forecasts over the past four weeks, showcasing market confidence in its future financial performance.
- Circle Internet Earnings Report Preview: Circle Internet Group, Inc. (CRCL) shares rise by 5.55 to $125.08 with a trading volume of 2,278,329 shares, scheduled to report earnings on May 11, 2026, with a consensus EPS forecast indicating a staggering 99,900% increase, highlighting strong growth potential.
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Bitmine Holds 4.29% of Total ETH Supply
- Significant ETH Holdings: Bitmine currently holds over 4.29% of the total Ethereum (ETH) supply, equating to 5,180,131 ETH valued at approximately $12.1 billion, highlighting its significant position in the Ethereum market.
- Exchange Upgrade: Bitmine successfully transitioned from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, which not only enhances its market image but may also attract more institutional investors to its stock.
- Diversified Investment Portfolio: Bitmine's total assets amount to $13.1 billion, including 4,362,757 staked ETH and $700 million in liquid assets, demonstrating its strong capabilities and diversified investment strategy in the digital asset space.
- Market Confidence and Outlook: Despite the current bearish market sentiment, Bitmine's CEO Thomas Lee remains optimistic about Ethereum's future, expecting continued benefits from Wall Street's asset tokenization and the demand for public blockchains by autonomous AI systems.
See More
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Market Overview: Pre-market trading of U.S. stocks related to the cryptocurrency market has seen a general increase.
Key Performers: Circle (CRCL) surged by 5.32%, following a previous increase of 19.89%.
Other Notable Increases: American Bitcoin (ABTC) rose by 4.91%, MicroStrategy (MSTR) by 2.45%, and Coinbase (COIN) by 2.02%.
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See More
Bitmine Announces $13.1B Crypto Holdings
- Total Crypto Holdings: Bitmine Immersion Technologies announced a total of $13.1 billion in crypto assets and cash, including 5.18 million ETH valued at $2,336 each, showcasing the company's robust position in the crypto market.
- Ethereum Supply Share: As of May 3, 2026, Bitmine's Ethereum holdings represent 4.29% of the total ETH supply, indicating the company's significant role in the Ethereum ecosystem, which may support future value appreciation.
- Launch of MAVAN Platform: Bitmine recently launched MAVAN (Made in American Validator Network) to provide best-in-class staking infrastructure for institutional investors and ecosystem partners, further enhancing its competitive edge in the crypto market.
- Aggressive Accumulation Strategy: The company has maintained an increased pace of ETH purchases over the past four weeks, acquiring an additional 101,745 ETH last week, demonstrating its proactive positioning as the mini-crypto winter concludes, potentially preparing for future market rebounds.
See More
NYSE Reports Sell-Side Order Imbalance of 513,899 Shares
- Market Overview: The NYSE order imbalance indicates a significant sell-side pressure with a total of 5,138,990 shares on the sell side.
- Implications for Investors: This imbalance may suggest potential downward pressure on stock prices, prompting investors to reassess their positions.
See More
Bitmine Holds 4.29% of Total Ethereum Supply
- Ethereum Holdings: Bitmine currently holds 4,362,757 ETH, valued at $10.2 billion based on a price of $2,336 per ETH, which positions it as a leader in Ethereum reserves and strengthens its standing in the crypto market.
- Exchange Upgrade: Bitmine upgraded from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, marking an increase in the company's recognition in capital markets and is expected to attract more investor attention to its stock.
- Revenue Growth Potential: Bitmine's ETH staking rewards are projected to reach $352 million annually based on its staking activities on the MAVAN platform, which not only enhances the company's cash flow but also strengthens its competitive edge in crypto asset management.
- Market Support: Bitmine is backed by several prominent institutional investors, including Cathie Wood from ARK, indicating strong market confidence in its long-term growth strategy, especially amid the recovery of the cryptocurrency market.
See More
NASDAQ 100 Pre-Market Indicator Rises Significantly
- Market Indicator Surge: The NASDAQ 100 Pre-Market Indicator rises by 205.3 points to 27,857.12, indicating a positive shift in market sentiment that may attract more investor interest in tech stocks.
- Active Stock Performance: GraniteShares 2x Long COIN Daily ETF (CONL) increases by 0.7 to $9.72 with a trading volume of 5,185,460 shares, representing a 93.63% rise from its 52-week low, reflecting sustained investor interest in cryptocurrencies.
- Intel Earnings Forecast Revisions: Intel Corporation (INTC) sees its stock price rise by 3.73 to $99.51 with 4,203,982 shares traded, as it has had 10 upward revisions in earnings forecasts over the past four weeks, showcasing market confidence in its future financial performance.
- Circle Internet Earnings Report Preview: Circle Internet Group, Inc. (CRCL) shares rise by 5.55 to $125.08 with a trading volume of 2,278,329 shares, scheduled to report earnings on May 11, 2026, with a consensus EPS forecast indicating a staggering 99,900% increase, highlighting strong growth potential.
See More
Bitmine Holds 4.29% of Total ETH Supply
- Significant ETH Holdings: Bitmine currently holds over 4.29% of the total Ethereum (ETH) supply, equating to 5,180,131 ETH valued at approximately $12.1 billion, highlighting its significant position in the Ethereum market.
- Exchange Upgrade: Bitmine successfully transitioned from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, which not only enhances its market image but may also attract more institutional investors to its stock.
- Diversified Investment Portfolio: Bitmine's total assets amount to $13.1 billion, including 4,362,757 staked ETH and $700 million in liquid assets, demonstrating its strong capabilities and diversified investment strategy in the digital asset space.
- Market Confidence and Outlook: Despite the current bearish market sentiment, Bitmine's CEO Thomas Lee remains optimistic about Ethereum's future, expecting continued benefits from Wall Street's asset tokenization and the demand for public blockchains by autonomous AI systems.
See More
US Pre-market: Crypto Stocks Soar, CRCL Jumps Over 5%
Market Overview: Pre-market trading of U.S. stocks related to the cryptocurrency market has seen a general increase.
Key Performers: Circle (CRCL) surged by 5.32%, following a previous increase of 19.89%.
Other Notable Increases: American Bitcoin (ABTC) rose by 4.91%, MicroStrategy (MSTR) by 2.45%, and Coinbase (COIN) by 2.02%.
Additional Gains: Bullish (BLSH) increased by 1.89%, Bitmine (BMNR) by 1.75%, and Robinhood (HOOD) by 1.70%.
See More
