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An announcement from BitMine Immersion Technologies ( (BMNR) ) is now available.
On February 2, 2026, Bitmine Immersion Technologies reported that as of February 1, 2026, its combined crypto, cash and high-risk “moonshot” investments totaled $10.7 billion, including 4.285 million ETH (3.55% of total ETH supply), 193 bitcoin, a $200 million stake in Beast Industries, a $20 million position in Eightco Holdings and $586 million in cash. The company disclosed that it has 2.897 million ETH staked, generating annualized staking revenues of about $188 million and potentially $374 million at full deployment under its MAVAN infrastructure, reinforcing its status as the world’s largest Ethereum treasury and the second-largest global corporate crypto treasury behind Strategy Inc. Bitmine highlighted that it has been aggressively buying ETH during a price pullback despite rising on-chain activity, and emphasized its strong stock-market profile, noting that BMNR ranks among the most heavily traded U.S. equities with roughly $1.1 billion in average daily trading volume and backing from prominent institutional investors, underscoring its growing influence in crypto treasury management and public markets.
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 that positions itself as the leading Ethereum treasury platform, implementing a digital asset strategy geared toward institutional investors and public market participants. Centered on its philosophy of the “alchemy of 5%,” the company uses ETH as its primary treasury reserve asset and engages in native protocol-level activities such as staking and decentralized finance, and plans to deploy its own Made-in-America Validator Network (MAVAN) staking infrastructure in early 2026.
Average Trading Volume: 45,682,523
Technical Sentiment Signal: Sell
Current Market Cap: $11.42B
For an in-depth examination of BMNR stock, go to TipRanks’ Overview page.