Bitmine Immersion Technologies (BMNR) experienced an 8.3% share price surge Monday following the company's announcement of its 5.62 million ETH token position, currently valued at $10.4 billion.
Bitmine's crypto, cash, marketable securities, and strategic holdings now total $10.4 billion, with the company closing a preferred stock offering and continuing to push toward owning 5% of ethereum's total supply. Bitmine Reaches 4.66% of Ethereum Supply as Crypto Holdings Hit $10.4 Billion Bitmine Immersion Technologies said its ether holdings have climbed to 5.
Today's geopolitical breakthrough has triggered a massive short squeeze for Ethereum (ETH), potentially putting a long-term historical buy signal back on track for a retest of the 200-day EMA at $2,400.
Ethereum's proof-of- stake network absorbed more than 4 million additional ETH in the first half of 2026, pushing total staked supply past 39.6 million coins while the liquid staking sector consolidated around a handful of dominant protocols. Staking Growth by the Numbers On Jan. 1, 2026, stats from beaconcha.
BitMine Immersion Technologies expanded its leading Ethereum treasury to more than 5.6 million ETH valued at greater than $10 billion.
Ethereum reaches a key moment of the quarter, as ETH risks recording a sequence never seen in its history. The second cryptocurrency on the market remains down, but it still has a window to reverse the trend.
Liquidation data indicate that bears could soon face increasing pressure. Is a short squeeze imminent?
BitMine says ETH holdings reached 5.62M tokens and total crypto, cash and securities hit $10.4B as BMNR stock traded near flat today.
Bitmine added $136 million in ETH after raising $274 million through a preferred stock sale, increasing holdings to 5.62 million ETH.
Tom Lee's Ethereum treasury firm, through the preferred stock sale, is using a financing tool pioneered by Michael Saylor's bitcoin treasury firm Strategy.
Ethereum remains pinned below its 200-week as its price prediction gets bullish by the day. Can it break away higher?
Aztec Connect's smart contract has reportedly lost $2.1 million after an attacker took advantage of a verification flaw in the privacy bridge that was shut down three years ago. This attack also comes with a twist, as the flaw sits beyond anyone's ability to patch per the Aztec Labs team.