$13.38
-0.64 (-4.56%)
BMNR News30 articles
Bitmine Stock Slides as Ether Decline Slashes Crypto Holdings Value
Bitmine (BMNR) shares fell 4.4% to $13.40 as ether's decline reduced its ETH holdings by $921M, trading 19% below adjusted asset value.
Bitmine Stock Slides 7% as Ether Decline Pressures $10.7B Crypto Holdings
Bitmine stock dropped 7.3% as ether slid 5.1%, threatening the value of its massive $10.7B crypto treasury. The company warned of risks to asset values and capital-raising ability.
Bitmine Stock Rises as Ethereum Holdings Hit 5.62 Million ETH
Bitmine Immersion Technologies (BMNR) jumped 6.21% to $17.11 after revealing its Ethereum treasury reached 5,620,754 ETH, representing 4.66% of total supply.
BitMine's Ethereum Holdings Surge to 5.62M ETH, Stock Climbs Ahead of Preferred Debut
BitMine Immersion Technologies shares jumped 6.7% to $17.19 after revealing a massive Ethereum treasury of 5.62 million ETH, ahead of its Series A preferred stock listing on the NYSE.
Bitmine Stock Climbs After Preferred Share Sale, Ethereum Accumulation
Bitmine Immersion Technologies shares gained 5.6% to $16.52 after closing a $273.8M preferred stock sale, with proceeds likely for Ethereum purchases and staking. The firm now holds 5.54M ETH, or 4.59% of total supply.
BitMine Shares Surge as Ether Holdings Near 5% Supply Goal
BitMine shares jumped 6% as its ether stash hit 5.54 million tokens, nearing its 5% supply target. The company also priced a $273.8 million preferred stock offering.
BitMine Stock Rises on 9.5% Preferred Share Offering Amid Ether Volatility
BitMine Immersion Technologies shares rose after announcing a 9.5% perpetual preferred stock offering, as the company seeks capital to expand its ether treasury amid falling ETH prices.
BitMine's $11.6B Ethereum Bet Faces Market Scrutiny as Ether Slides
BitMine shares dropped 3.2% to $17.39 as ether slid 5.5%, highlighting risks tied to its $11.6 billion crypto balance sheet and transformation into a public Ethereum treasury.
Bitmine Stock Tumbles as $11.6B Ether Bet Sours on Crypto Slide
Bitmine shares slid 6.5% to $17.62 after revealing 5.42 million ETH holdings, with a $502 million paper loss as ether dropped 4%, highlighting the stock's direct exposure to crypto volatility.
Bitmine Eyes Ether Support and Russell Index Inclusion in Pivotal Week
Bitmine Immersion Technologies faces a pivotal week as its $12.3 billion Ether-heavy portfolio and potential Russell 3000 inclusion drive market focus, with shares near $19.27.
Bitmine Stock Gains on $12.3B Crypto Holdings and Russell Index Consideration
Bitmine shares edged up 1% as the company revealed $12.3 billion in crypto and investments, including 5.39 million ETH, and was included on FTSE Russell's draft list for index additions.
Bitmine Stock Dips as Ether Slips Below $2,000; $12.3B Crypto Bet in Focus
Bitmine shares fell 4.6% after ether dipped below $2,000. The company holds $12.3 billion in crypto and is poised for Russell 3000 index rebalancing.
BitMine Stock Gains Russell 3000 Inclusion Ahead of Holiday-Shortened Week
BitMine Immersion Technologies (BMNR) has been named to the preliminary Russell 3000 additions list. Shares closed Friday at $18.88, down 3.7%, losing about 5% for the week.
Bitmine's $13.4B Ether Bet Under Pressure as Weekend Slide Hits $11.4B
Bitmine Immersion Technologies shares fell 9.7% Friday as Ether slid to $2,186, reducing the value of its 5.21 million ETH holdings to about $11.4 billion.
Bitmine Shares Fall 7.7% as Ethereum Slide Tests Tom Lee's $13.4B Treasury Bet
Bitmine shares slid 7.7% Friday as ether dropped 3.4% to $2,221, testing the company's strategy of holding 4.31% of ETH supply. Peer Bit Digital reported Q1 revenue fell 13.6%.
BitMine Nears 5% ETH Supply Goal, May Scale Back Weekly Purchases
BitMine Immersion Technologies may slow its weekly ether purchases as it nears a target of owning 5% of ETH supply, Chairman Tom Lee said. The company holds 5.18 million ETH, 4.29% of supply.
Bitmine's $23M Private ETH Deal Boosts Stake to 5M Tokens
Bitmine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $22.9M, boosting its total ETH holdings to over 5M tokens, or 4.2% of supply. BMNR closed at $21.88.
BitMine's $24M Ethereum Purchase Bolsters 5% Supply Target
BitMine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $23.9M, pushing its holdings closer to the 5% supply target as BMNR shares trade near $22.
Bitmine's Ether Treasury Hits $10.7B Amid Stock Decline
Bitmine Immersion Technologies shares declined despite revealing a substantial treasury of $10.7 billion in crypto, cash, and related assets. The company's ether holdings reached 4.73 million tokens, with over 3.1 million staked for network rewards.
Bitmine Immersion Shares Drop Despite Ethereum Staking Platform Launch
Bitmine Immersion Technologies shares declined 8% to $19.47 on Thursday, even as the company launched its MAVAN Ethereum staking platform and received a price target hike from B. Riley.
Bitmine Expands Ethereum Treasury Amid Market Downturn, Staking Revenue Hits $184M
Bitmine Immersion Technologies boosted its Ethereum reserves to 4.66 million tokens, though its overall crypto and cash portfolio value slipped to $11 billion due to price declines. The company staked 67% of its ETH, generating annualized revenues of $184 million.
Bitmine Shares Drop as Ethereum Retreats, Treasury Holdings in Focus
Bitmine Immersion Technologies shares declined approximately 3% in Thursday trading, mirroring a drop in Ethereum's price. The company's substantial treasury, holding 4.6 million ETH, ties its stock performance closely to the cryptocurrency's movements.
Bitmine Shares Drop 7.8% as Ether Slumps Following Fed Decision
Bitmine shares declined 7.8% in extended trading Wednesday, pressured by a 5.9% drop in ether following the Federal Reserve's policy announcement. The company holds 4.6 million ETH and reported $11.5 billion in total assets.
Bitmine's $11.5B Crypto Treasury Fuels Ether Bet, Stock Gains
Bitmine Immersion Technologies disclosed a $11.5 billion crypto and cash reserve, including 4.6 million ether, with staking generating $180M in annualized revenue. Shares advanced.
Bitmine Shares Dip on $75M Eightco Investment as Ether Strategy Expands
Bitmine Immersion Technologies shares declined 3% Thursday after the company committed $75 million to lead a $125 million funding round for Eightco Holdings. The move comes as Bitmine continues to emphasize its ether treasury strategy while expanding into AI and blockchain infrastructure.
BitMine's $9.9B Crypto Treasury Reveal Fuels BMNR Rally with Ethereum Surge
BitMine Immersion Technologies reported holdings worth $9.9 billion as of March 1, including 4.47 million ether and $868 million cash. Its stock rose 9.7% alongside a 9.9% jump in Ethereum's price.
Bitmine's $9.9B Crypto Treasury Revealed as Shares Retreat Pre-Market
Bitmine Immersion Technologies shares declined 3.8% in pre-market trading following a filing that detailed a $9.9 billion crypto and cash treasury. The company reported substantial ether holdings and staking revenue.
Bitmine Immersion Rises on Ether Rally, Eyes Inflation Data
Bitmine Immersion Technologies shares advanced in Thursday's premarket session, extending gains after a 10.6% jump. The move aligns with a rally in Ethereum, which climbed 6.7% to $2,067, lifting stocks tied to digital assets.
BitMine Immersion Holdings Surge on $10B Crypto Asset Disclosure
BitMine Immersion Technologies shares advanced 5.6% after revealing $10 billion in combined cryptocurrency and cash holdings, including substantial Ethereum positions and new acquisitions.
Bitmine Shares Dip Premarket as $10B Crypto Treasury Highlights Ether Focus
Bitmine Immersion Technologies shares fell approximately 3% in premarket trading after disclosing $10 billion in combined crypto and cash holdings, including over 4.3 million ether tokens.