{"id":62484,"date":"2025-12-08T18:01:35","date_gmt":"2025-12-08T18:01:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=62484"},"modified":"2025-12-08T18:01:35","modified_gmt":"2025-12-08T18:01:35","slug":"bitmine-adds-138000-eth-but-bmnr-still-down-60-from-the-highs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=62484","title":{"rendered":"BitMine Adds 138,000 ETH, But BMNR Still Down 60% From The Highs"},"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>) on Monday announced having purchased 138,452 <strong>Ethereum <\/strong><a class=\"ticker-link\" data-ticker=\"ETH\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) as BMNR attempts to stabilize after a steep <a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/12\/49173262\/why-bitmine-immersion-technologies-bmnr-stock-skyrocketed-today\">multi-month decline<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">Company Expands Crypto Treasury To More Than 3.86 Million ETH<\/h3>\n<p>According to a <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-announces-eth-holdings-exceed-3-86-million-tokens-and-total-crypto-and-total-cash-holdings-of-13-2-billion-302635031.html\">press release<\/a>, BitMine now holds 3.86 million ETH, or more than 3.2% of the total supply, alongside $1 billion in cash and 193 <strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>).<\/p>\n<p>The company said its combined crypto, cash, and &#8220;moonshot&#8221; assets total $13.2 billion.\u00a0<\/p>\n<p>Chairman <strong>Thomas &#8220;Tom&#8221; Lee<\/strong> said the accelerating accumulation reflects confidence that Ethereum prices will strengthen on the back of multiple catalysts.<\/p>\n<p>Lee pointed to the December &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/12\/49263428\/bitmine-adds-138000-eth-but-bmnr-still-down-60-from-the-highs?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"BitMine\" adds eth but bmnr still down from the highs>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 having purchased 138,452 Ethereum (CRYPTO: ETH) as BMNR attempts to stabilize after a steep multi-month decline. Company Expands Crypto Treasury To More Than 3.86 Million ETH According to a press release, BitMine now holds 3.86 million ETH, or more than 3.2% of the total supply, alongside $1 [&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-62484","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\/62484","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=62484"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/62484\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}