BMNR — BitMine Immersion Technologies, Inc. Common Stock
Session close: $18.08. Regular-session share volume: 26,374,709. Change from previous close: -2.85%.
Key developments
BitMine reported treasury holdings of roughly fourteen billion dollars as of early November, including over six million ETH, a small Bitcoin position, cash and equity stakes. The company added ETH during the week and now holds nearly five percent of circulating supply, with a large portion staked and generating projected annual staking revenue. Chairman Tom Lee said the company is nearing its stated five-percent target.
Company news Bitmine Immersion Technologies Reports Asset Holdings and Staking Update · Company mentioned — Mentions BMNR in the article text. Bitmine Adds 9,587 ETH as Tom Lee Hails ‘Seismic Shift’ for Ethereum
Lee framed Vitalik Buterin's Devcon remarks calling ETH a store of value as a turning point for the network and for BitMine's treasury strategy. Context reporting noted crypto-related stocks slipped as Ethereum dipped, and one article described the stock trading below key moving averages with a bearish technical setup.
Company mentioned — Mentions BMNR in the article text. Bitmine Adds 9,587 ETH as Tom Lee Hails ‘Seismic Shift’ for Ethereum · Company mentioned — Mentions BMNR in the article text. Bitcoin, Dogecoin Steady, While Ethereum, XRP Dip: Analyst Calls BTC Accumulation by Major Cohorts During Selloff a 'Bullish Signal'
News sources
Company news Bitmine Immersion Technologies Reports Asset Holdings and Staking Update