{"id":68521,"date":"2026-01-20T17:16:47","date_gmt":"2026-01-20T17:16:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=68521"},"modified":"2026-01-20T17:16:47","modified_gmt":"2026-01-20T17:16:47","slug":"bitmines-eth-holdings-hit-14-5b-but-bmnr-plunges-7","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=68521","title":{"rendered":"BitMine&#8217;s ETH Holdings Hit $14.5B, But BMNR Plunges 7%"},"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 Tuesday dropped 7% despite revealing it now owns 4.203 million <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>), representing 3.48% of all ETH in existence.<\/p>\n<h3 class=\"wp-block-heading\">BitMine Now Owns 3.48% Of All Ethereum<\/h3>\n<p>BitMine <a href=\"https:\/\/www.prnewswire.com\/apac\/news-releases\/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-203-million-tokens-and-total-crypto-and-total-cash-holdings-of-14-5-billion-302665137.html\">disclosed<\/a> total crypto and cash holdings of $14.5 billion as of January 19, comprised of 4.203 million ETH at $3,211 per token, 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>), $22 million in <strong>Eightco Holdings<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/ORBS\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"ORBS\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ORBS\">ORBS<\/a>), and $979 million in cash.<\/p>\n<p>The company acquired 35,268 ETH in the past week alone, maintaining aggressive accumulation despite the stock\u2019s 80% collapse from June\u2019s $140 peak.<\/p>\n<p>BitMine now controls 3.48% of Ethereum\u2019s total supply of 120.7 million tokens\u2014nearly 70% of the way to chairman <strong>Thomas \u201cTom\u201d Lee\u2019s<\/strong> stated goal of acquiring 5% of all ETH.<\/p>\n<h3 class=\"wp-block-heading\">Shareholders Approve Share Increase Despite Stock Collapse<\/h3>\n<p>Despite the stock trading near lows, BitMine stockholders voted overwhelmingly to support management\u2019s plans &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/01\/50012793\/bitmines-eth-holdings-hit-14-5b-but-bmnr-plunges-7?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"BitMine's\" eth holdings hit but bmnr plunges>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies Inc. (NYSE:BMNR) on Tuesday dropped 7% despite revealing it now owns 4.203 million Ethereum (CRYPTO: ETH), representing 3.48% of all ETH in existence. BitMine Now Owns 3.48% Of All Ethereum BitMine disclosed total crypto and cash holdings of $14.5 billion as of January 19, comprised of 4.203 million ETH at $3,211 per [&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-68521","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\/68521","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=68521"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/68521\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}