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BitMine Immersion Technologies ( (BMNR) ) has provided an announcement.
On April 13, 2026, Bitmine Immersion Technologies reported that its combined crypto, cash and “moonshot” holdings reached $11.8 billion, including 4.875 million ETH, 198 BTC, stakes in Beast Industries and Eightco Holdings, and $719 million in cash. The company said its ETH position represents about 4.04% of the total Ethereum supply, underscoring its ambition to become the dominant ETH treasury while benefiting from what its chairman describes as Ethereum’s outperformance as a wartime store of value during the Iran conflict.
The company also highlighted that it uplisted to the New York Stock Exchange from NYSE American on April 9, 2026, marking an upgrade in its market venue and adding liquidity to BMNR shares. Bitmine reported that roughly 3.33 million ETH is already staked, generating an annualized $212 million in staking revenues and positioning the firm as a leading Ethereum staking operator via its MAVAN platform, while ranking among the most heavily traded U.S. stocks by daily dollar volume and attracting backing from prominent institutional investors.
The most recent analyst rating on (BMNR) stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on BitMine Immersion Technologies stock, see the BMNR Stock Forecast page.
More about BitMine Immersion Technologies
Bitmine Immersion Technologies, Inc. is a U.S.-based Bitcoin miner that is redirecting excess capital to build what it positions as the leading Ethereum treasury company globally. Listed on the New York Stock Exchange under the ticker BMNR, the company focuses on holding ETH as its primary treasury reserve asset and operates MAVAN, its own Made-in-America validator network for institutional-grade Ethereum staking.
Bitmine’s strategy targets institutional investors and public market participants seeking exposure to digital assets, emphasizing protocol-level activities such as staking and decentralized finance. With this model, the firm aims to differentiate itself from traditional miners by combining crypto infrastructure operations with a large, actively managed Ethereum balance sheet and staking revenues.
Average Trading Volume: 45,215,617
Technical Sentiment Signal: Sell
Current Market Cap: $9.68B
See more insights into BMNR stock on TipRanks’ Stock Analysis page.