BitMine stock jumped to $20.85, its highest level since May 15, up sharply from the year-to-date low of $12.54. This rebound happened as Ethereum price jumped above the crucial resistance level of $2,000 amid a crypto resurgence.
Tech stocks are generally in the red this morning, but cryptocurrency stocks are deep in the green.
Bitmine's staking and validation revenue reached $45.7 million in Q3 FY26, representing 98% of total quarterly topline after MAVAN's launch. The company now holds 5.79 million ETH, roughly 4.8% of Ethereum's circulating supply, supporting a scalable institutional staking platform. Bitmine maintains an exceptionally conservative balance sheet with just $30.1 million of liabilities against $11.63 billion of total assets and no debt.
| Capital Markets Industry | Financials Sector | Chi Tsang CEO | XMUN Exchange | US09175A2069 ISIN |
| US Country | 3 Employees | 8 Dec 2025 Last Dividend | 27 Apr 2021 Last Split | - IPO Date |
Bitmine Immersion Technologies, Inc. is a blockchain technology company based in the United States. Founded in 1995 and headquartered in Atlanta, Georgia, Bitmine specializes in the hosting of third-party equipment for the mining of digital asset coins and tokens, with a primary focus on Bitcoin. The company is also engaged in mining digital assets for its own account. By offering comprehensive services in the digital asset mining sector, Bitmine Immersion Technologies, Inc. positions itself as a key player in the blockchain technology industry.