{"id":58911,"date":"2025-11-17T17:01:31","date_gmt":"2025-11-17T17:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=58911"},"modified":"2025-11-17T17:01:31","modified_gmt":"2025-11-17T17:01:31","slug":"bmnr-drops-6-but-tom-lee-adamant-crypto-cycle-top-12-36-months-away","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=58911","title":{"rendered":"BMNR Drops 6%, But Tom Lee Adamant: &#8216;Crypto Cycle Top 12-36 Months Away&#8217;"},"content":{"rendered":"<div>\n<p><strong>BitMine Immersion Technologies Inc.<\/strong> <a class=\"ticker-link\" data-ticker=\"BMNR\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">BMNR<\/a>) is down almost 6% on Monday, despite announcing that its crypto and cash holdings have grown to $11.8 billion in <a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/11\/48901601\/whats-going-on-with-bitmine-immersion-technologies-bmnr-stock\">crypto and cash holdings<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">BMNR Declines Even As BitMine Lifts Ethereum Holdings To 3.6 Million Tokens<\/h3>\n<p>BitMine <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-announces-eth-holdings-reaching-3-6-million-tokens-and-release-of-november-chairmans-message-302617138.html\">disclosed<\/a> holdings of 3,559,879 <strong>Ethereum<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"ETH\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) valued at $3,120 per token, 192 Bitcoin, a $37 million position in Eightco Holdings, and $607 million in cash, according to the company&#8217;s latest filing.\u00a0<\/p>\n<p>The update reaffirmed BitMine&#8217;s status as the world&#8217;s largest Ethereum treasury and the second-largest global crypto treasury behind <strong>Strategy<\/strong>.<\/p>\n<p>The company noted it now owns 2.9% of the total ETH supply and is more than halfway to its goal of reaching what it calls the &#8220;Alchemy of 5%.&#8221;<\/p>\n<p>BitMine remains one of the most actively traded stocks in the U.S. Based on Fundstrat data included in the filing.<\/p>\n<p>The stock averages $1.4 billion in daily dollar volume, ranking &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/11\/48903388\/bmnr-drops-6-but-tom-lee-adamant-crypto-cycle-top-12-36-months-away?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"BMNR\" drops but tom lee adamant: cycle top months away>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies Inc. (NYSE:BMNR) is down almost 6% on Monday, despite announcing that its crypto and cash holdings have grown to $11.8 billion in crypto and cash holdings. BMNR Declines Even As BitMine Lifts Ethereum Holdings To 3.6 Million Tokens BitMine disclosed holdings of 3,559,879 Ethereum (CRYPTO: ETH) valued at $3,120 per token, 192 [&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-58911","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\/58911","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=58911"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58911\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}