{"id":53987,"date":"2025-10-21T13:01:50","date_gmt":"2025-10-21T13:01:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53987"},"modified":"2025-10-21T13:01:50","modified_gmt":"2025-10-21T13:01:50","slug":"bmnr-eyes-breakout-above-54-as-bitmine-buys-over-200000-eth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53987","title":{"rendered":"BMNR Eyes Breakout Above $54 As BitMine Buys Over 200,000 ETH"},"content":{"rendered":"<div>\n<p><strong>BitMine Immersion Technologies Inc. <\/strong>(NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">BMNR<\/a>) on Monday announced that its crypto and cash holdings have reached $13.4 billion, including 3.24 million <strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/09\/47922765\/bitmine-jumps-5-as-ethereum-treasury-surges-past-2-65-million-eth\">tokens worth $13 billion<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">BitMine Becomes The Top Ethereum Treasury<\/h3>\n<p>The company <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-announces-eth-holdings-reaching-3-24-million-tokens-and-total-crypto-and-cash-holdings-of-13-4-billion-302588585.html\">disclosed<\/a> that its holdings now include 3,236,014 ETH valued at $4,022 each, 192 <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), $219 million in cash, and a $119 million equity stake in <strong>Eightco Holdings<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ORBS\">ORBS<\/a>).<\/p>\n<p>This positions BitMine as the world&#8217;s largest ETH treasury and second-largest overall after <strong>Strategy Inc.<\/strong>.<\/p>\n<p>BitMine&#8217;s Ethereum holdings represent roughly 2.7% of the total ETH supply, moving the firm past the halfway mark toward its goal of controlling 5%.\u00a0<\/p>\n<p>&#8220;This price dislocation represents an attractive risk\/reward,&#8221; said <strong>Thomas &#8220;Tom&#8221; Lee<\/strong>, Chairman of BitMine and founder &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/10\/48325223\/bmnr-eyes-breakout-above-54-as-bitmine-buys-over-200000-eth\" alt=\"BMNR\" eyes breakout above as bitmine buys over eth>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies Inc. (NYSE:BMNR) on Monday announced that its crypto and cash holdings have reached $13.4 billion, including 3.24 million Ethereum (CRYPTO: ETH) tokens worth $13 billion. BitMine Becomes The Top Ethereum Treasury The company disclosed that its holdings now include 3,236,014 ETH valued at $4,022 each, 192 Bitcoin (CRYPTO: BTC), $219 million in [&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-53987","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\/53987","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=53987"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53987\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}