{"id":41520,"date":"2025-08-11T14:01:52","date_gmt":"2025-08-11T14:01:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41520"},"modified":"2025-08-11T14:01:52","modified_gmt":"2025-08-11T14:01:52","slug":"bitmines-eth-holdings-near-5b-after-latest-purchase-bmnr-tops-big-names-in-trading-volume","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41520","title":{"rendered":"BitMine&#8217;s ETH Holdings Near $5B After Latest Purchase; BMNR Tops Big Names in Trading Volume"},"content":{"rendered":"<div>\n<p>BitMine Immersion Technology (BMNR), the bitcoin miner turned ether (ETH) treasury under Fundstrat&#8217;s Tom Lee&#8217;s leadership, <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-eth-holdings-exceed-1-15-million-tokens-valued-in-excess-of-4-96-billion-and-largest-eth-treasury-in-world-302526216.html\">said<\/a> it added roughly $2 billion of tokens over the past week, bringing total holdings to near $5 billion.<\/p>\n<p>Bitmine&#8217;s ETH stash exceeded 1.15 million tokens as of Sunday evening, up from 833,137 the week before.<\/p>\n<p>BMNR shares were up over 10% pre-market at $57, extending Friday&#8217;s almost 25% advance.<\/p>\n<p>The firm added that its stock has become one of the most traded in the U.S. market averaging $2.2 billion in daily trading volume last week. That ranks BMNR 25th among U.S.-listed firms, topping bank giant JPMorgan (JPM) and chipmaker Micron Technology (MU).<\/p>\n<p>&#8220;We are leading crypto treasury peers by both the velocity of raising crypto NAV [net asset value] per share and by the high trading liquidity of our stock,&#8221; Chairman Tom Lee said.<\/p>\n<p>Bitmine pursues a strategy to accumulate ETH and stake tokens for a yield, competing with rivals such as SharpLink Gaming (SBET) and others. The firm ultimately aims to acquire 5% of the total ETH supply, valued at over $25 billion at current market prices.<\/p>\n<p>The buying frenzy by digital asset treasury companies helped ETH rally to new cycle highs, topping $4,300 over the weekend.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technology (BMNR), the bitcoin miner turned ether (ETH) treasury under Fundstrat&#8217;s Tom Lee&#8217;s leadership, said it added roughly $2 billion of tokens over the past week, bringing total holdings to near $5 billion. Bitmine&#8217;s ETH stash exceeded 1.15 million tokens as of Sunday evening, up from 833,137 the week before. BMNR shares were [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41520","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41520"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41520\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}