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The latest announcement is out from BitMine Immersion Technologies ( (BMNR) ).
On January 23, 2026, Bitmine Immersion Technologies appointed its current Chief Financial Officer and Chief Operating Officer, Young Kim, to the company’s board of directors, formalizing his expanded governance role without any special arrangements or related-party ties disclosed. In a January 26, 2026 operational update, Bitmine reported total crypto, cash and “moonshot” holdings of $12.8 billion, including 4.243 million ETH—equivalent to 3.52% of total ETH supply—193 Bitcoin, $682 million in cash, and minority stakes in Beast Industries and Eightco Holdings, reinforcing its status as the world’s largest Ethereum treasury and the second-largest global corporate crypto treasury. The company highlighted that it has staked over 2 million ETH, is progressing toward full staking of its ETH via its forthcoming MAVAN platform, and estimates that fully staking its holdings at the current composite Ethereum staking rate could generate roughly $374 million in annual staking fees, while its stock’s elevated trading volume has made BMNR one of the 100 most traded U.S. equities, underscoring growing market interest in its aggressive ETH accumulation strategy amid broader institutional and policy momentum around digital assets.
The most recent analyst rating on (BMNR) stock is a Buy with a $39.00 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. (NYSE American: BMNR) is a Bitcoin and Ethereum network company and the world’s leading Ethereum treasury, focused on accumulating ETH as its primary treasury reserve asset for long-term investment on behalf of institutional and public-market investors. The company pursues an innovative digital-asset strategy centered on protocol-level activities such as staking and decentralized finance, and plans to launch its dedicated Made-in America Validator Network (MAVAN) staking infrastructure in the first quarter of 2026.
Average Trading Volume: 44,906,749
Technical Sentiment Signal: Sell
Current Market Cap: $13.1B
For detailed information about BMNR stock, go to TipRanks’ Stock Analysis page.