{"id":55086,"date":"2025-10-27T17:01:44","date_gmt":"2025-10-27T17:01:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=55086"},"modified":"2025-10-27T17:01:44","modified_gmt":"2025-10-27T17:01:44","slug":"bmnr-up-5-after-77000-eth-purchase-and-another-120-move-may-be-in-play","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=55086","title":{"rendered":"BMNR Up 5% After 77,000 ETH Purchase\u2014And Another 120% Move May Be In Play"},"content":{"rendered":"<div>\n<p>Shares of <strong>BitMine Immersion Technologies Inc. <\/strong>(NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">BMNR<\/a>) advanced over 5% on Monday after its record <strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) accumulation reignited bullish sentiment in <a href=\"https:\/\/www.benzinga.com\/markets\/equities\/25\/10\/48422982\/bitmines-tom-lee-predicts-crypto-surge-expects-sp-500-to-climb-up-to-another-10-report\">crypto-linked equities<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">BitMine Expands Ethereum Treasury to 3.31 Million Tokens<\/h3>\n<p>The company <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-announces-eth-holdings-exceeding-3-31-million-tokens-and-total-crypto-and-cash-holdings-of-14-2-billion-302594857.html\">announced<\/a> it now holds 3.31 million Ethereum valued near $13.8 billion.<\/p>\n<p>It also holds $305 million in unencumbered cash and additional crypto assets, totaling $14.2 billion in combined value.<\/p>\n<p>Chairman <strong>Thomas Lee<\/strong> confirmed the purchase of 77,055 ETH last week.<\/p>\n<p>The move increased BitMine&#8217;s ownership to 2.8% of Ethereum&#8217;s supply as it advances toward its &#8220;alchemy of 5%&#8221; goal.<\/p>\n<p>Lee called U.S.\u2013China trade progress &#8220;positive for Ethereum and crypto broadly.&#8221;<\/p>\n<p>He said recent deleveraging created &#8220;an attractive risk-reward&#8221; opportunity for long-term investors.<\/p>\n<h3 class=\"wp-block-heading\">Triangle Compression Builds Toward Breakout<\/h3>\n<p><figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"694\" src=\"https:\/\/editorial-assets.benzinga.com\/wp-content\/uploads\/2025\/10\/27122112\/image-690-1024x694.png\" alt=\"\" class=\"wp-image-1133369\" srcset=\"https:\/\/editorial-assets.benzinga.com\/wp-content\/uploads\/2025\/10\/27122112\/image-690-1024x694.png ...&lt;\/figure&gt;&lt;\/p&gt;&lt;p&gt;&lt;a href=https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/10\/48440146\/bmnr-up-5-after-77000-eth-purchase-and-another-120-move-may-be-in-play?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel alt=BMNR Up 5% After 77,000 ETH Purchase\u2014And Another 120% Move May Be In Play&gt;Full story available on Benzinga.com&lt;\/a&gt;&lt;\/p&gt;&lt;\/div&gt;&lt;\/body&gt;&lt;\/html&gt;\"><\/figure>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shares of BitMine Immersion Technologies Inc. (NYSE:BMNR) advanced over 5% on Monday after its record Ethereum (CRYPTO: ETH) accumulation reignited bullish sentiment in crypto-linked equities. BitMine Expands Ethereum Treasury to 3.31 Million Tokens The company announced it now holds 3.31 million Ethereum valued near $13.8 billion. It also holds $305 million in unencumbered cash and [&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-55086","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\/55086","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=55086"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55086\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}