BitMine chairman suggests raising the company’s authorized shares 1,000 times to 50 billion.
BitMine Proposes Major Increase in Authorized Shares Tom Lee, the chairman of BitMine, is urging shareholders to back a significant proposal: increasing the company’s authorized shares from 50 million to a whopping 50 billion. He mentioned that a stock split might be on the horizon, especially with the fluctuations in Ethereum’s price impacting how the […]
Tom Lee Advocates for Significant Share Growth as BitMine Monitors Ethereum Price
BitMine Seeks Approval for Major Share Increase Tom Lee is encouraging BitMine shareholders to support a proposal that would significantly increase the number of approved shares in the company. This move aims to set the stage for future dilution, particularly as BitMine commits to Ethereum as its key financial asset. In his New Year’s message, […]
BitMine secures $98M in ETH as year-end sales limit profits.
Bitmine Immersion Technologies Recovers $97.6 Million in Ether Bitmine Immersion Technologies, an Ethereum treasury firm, managed to recover $97.6 million in ether on Tuesday, even as the cryptocurrency market continues to face challenges as 2025 nears its end. According to data from Nansen, Bitmine acquired 32,938 ETH. Currently, the firm holds approximately 4.07 million ETH, […]
BitMine Starts Earning from Its $12 Billion Ethereum Assets
Bitmine Begins Staking Ethereum Holdings Bitmine, recognized as the leading corporate holder of Ethereum, has recently started staking a segment of its substantial $12 billion Ethereum reserve. On December 27, on-chain analyst Ember CN noted that the company allocated roughly 74,880 ETH, valued at about $219 million, into Ethereum staking contracts. This action, while a […]
BitMine Immersion Technologies (BMNR) Stock: Ethereum-Treasury Company Faces Dilution Vote as Cryptocurrency Declines in Today’s Market
Market Overview and BitMine’s Position As of Friday, December 26, 2025, at 1:52 PM ET, the US market is open, moving through this post-holiday, year-end phase. It’s a time when trading often sees lower liquidity, and stocks related to cryptocurrency can exhibit more volatility compared to the general market. BitMine Immersion Technologies, Inc. (NYSE American: […]
Bitmine Immersion Technologies: Assessing Value After Intense Ethereum Accumulation and Move to Staking Platform
Bitmine Immersion Technologies (BMNR) is making bold moves in the Ethereum market, having acquired a substantial amount of tokens and now owning over 3.2% of the entire ETH supply. Their leadership has set sights on increasing this stake to more than 5%. These aggressive purchases of ETH come at a time when Bitcoin is facing […]
Ark Invest, led by Cathie Wood, purchases the dip in Coinbase, Circle, and Tom Lee’s Ethereum-based BitMine.
Ark Invest Increases Crypto Stock Holdings On Monday, Cathie Wood’s investment firm, Ark Invest, expanded its positions in several well-known cryptocurrency stocks, including Coinbase, Circle, and Bitmine Immersion Technologies, despite a downturn in stock prices. The firm made significant investments, most notably in Bitmine and Coinbase. Specifically, over 550,000 shares of Bitmine (BMNR) were acquired, […]
Tom Lee’s BitMine Acquires More Ethereum, Yet Both ETH and BMNR Are Falling
Simply put BitMine Immersion, a Bitcoin mining firm, purchased additional Ethereum last week. The company, listed on the New York Stock Exchange, has assets exceeding $10 billion. Unfortunately, both its stock and the price of Ethereum fell sharply on Monday. On Monday, BitMine Immersion revealed that it invested over $265 million in Ethereum. However, this […]
BitMine and Bitcoin Miners’ Stocks Rise as BTC, Ethereum Bounce Back
Crypto Market Update BitMine Immersion Technologies, along with major players like CleanSpark and Riot Platforms, are experiencing a surge as the cryptocurrency market climbs above $92,000 early Friday, while Ethereum has also bounced back above $3,000. BitMine (BMNR) shares are up 4.47% today, marking a significant increase of over 27% in the last business week, […]
BitMine and Bitcoin Miners’ Stocks Rise as BTC and Ethereum Bounce Back
Simply put Cryptocurrency stocks saw a surge on Friday, buoyed by Bitcoin and Ethereum regaining traction. Companies such as BitMine Immersion Technologies (BMNR) and CleanSpark (CLSK) reported increases of 27% and 54%, respectively, over the last five trading days. Other Bitcoin mining companies like Riot Platforms, MARA Holdings, and Cipher Mining also experienced gains. Stocks […]