{"id":64764,"date":"2025-12-22T18:01:36","date_gmt":"2025-12-22T18:01:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=64764"},"modified":"2025-12-22T18:01:36","modified_gmt":"2025-12-22T18:01:36","slug":"bitmine-adds-98852-eth-but-bmnr-stock-is-just-2-away-from-disaster","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=64764","title":{"rendered":"Bitmine Adds 98,852 ETH, But BMNR Stock Is Just $2 Away From Disaster"},"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>) added 98,852 <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>) in the past week as the stock trades around $31 on Monday, just $2 above a <a href=\"https:\/\/www.benzinga.com\/etfs\/specialty-etfs\/25\/12\/49536154\/rex-shares-t-rex-2x-long-bmnr-daily-target-etf-delivers-an-ethereum-proxy-for-equities-market-speculators\">critical support level<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">BMNR Holdings Hit 4 Million ETH<\/h3>\n<p>Bitmine now owns 3.37% of ETH\u2019s circulating supply, two-thirds of the way to Chairman <strong>Thomas Lee\u2019s<\/strong> \u201cAlchemy of 5%\u201d target.<\/p>\n<p>The company <a href=\"https:\/\/www.prnewswire.com\/in\/news-releases\/bitmine-immersion-bmnr-announces-eth-holdings-reach-4-066-million-tokens-and-total-crypto-and-total-cash-holdings-of-13-2-billion-302647765.html\">crossed<\/a> 4.066 million ETH after just 5.5 months of aggressive accumulation, cementing its position as the world\u2019s largest Ethereum treasury.\u00a0<\/p>\n<p>Total assets including $1 billion cash, 193 <strong>Bitcoin<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), and a $32 million stake in <strong>Eightco Holdings Inc.<\/strong> <a class=\"ticker-link\" data-ticker=\"ORBS\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/ORBS\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ORBS\">ORBS<\/a>) bring the balance sheet to $13.2 billion.<\/p>\n<h3 class=\"wp-block-heading\">Stock Trades Like A Mega-Cap<\/h3>\n<p>Bitmine stock now trades $1.7 billion per day in average dollar &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/12\/49544009\/bitmine-adds-98852-eth-but-bmnr-stock-is-just-2-away-from-disaster?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 stock is just away from disaster>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies Inc (NYSE:BMNR) added 98,852 Ethereum (CRYPTO: ETH) in the past week as the stock trades around $31 on Monday, just $2 above a critical support level. BMNR Holdings Hit 4 Million ETH Bitmine now owns 3.37% of ETH\u2019s circulating supply, two-thirds of the way to Chairman Thomas Lee\u2019s \u201cAlchemy of 5%\u201d target. [&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-64764","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\/64764","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=64764"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/64764\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}