{"id":72823,"date":"2026-02-17T18:32:56","date_gmt":"2026-02-17T18:32:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=72823"},"modified":"2026-02-17T18:32:56","modified_gmt":"2026-02-17T18:32:56","slug":"bitmine-buys-record-45759-eth-can-it-stop-bmnr-breaking-below-15-support","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=72823","title":{"rendered":"BitMine Buys Record 45,759 ETH\u2014Can It Stop BMNR Breaking Below $15 Support?"},"content":{"rendered":"<div>\n<p><strong>BitMine Immersion Technologies<\/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>) bought 45,759 <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>) last week for over $90 million\u2014its largest weekly purchase this year.<\/p>\n<h3 class=\"wp-block-heading\">The Buying Spree Continues<\/h3>\n<p>BitMine\u2019s total ETH holdings <a href=\"https:\/\/www.prnewswire.com\/in\/news-releases\/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-371-million-tokens-and-total-crypto-and-total-cash-holdings-of-9-6-billion-302689311.html\">reached<\/a> 4,371,497 tokens worth $8.7 billion at current prices, representing 3.62% of total ETH supply.\u00a0<\/p>\n<p>The company also raised its cash pile to $670 million alongside a $200 million stake in <strong>Beast Industries<\/strong>, bringing total assets to $9.6 billion.<\/p>\n<p>Staking generates meaningful revenue despite losses. BitMine has staked 3,040,483 ETH\u201469% of total holdings\u2014generating $176 million in annualized rewards at a 2.89% yield.\u00a0<\/p>\n<p>When MAVAN, the company\u2019s proprietary staking solution, launches in Q1, annual staking rewards could reach $252 million.<\/p>\n<p>Chairman <strong>Tom Lee<\/strong> defended the accumulation after attending Consensus Hong Kong, citing three long-term growth drivers &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/02\/50663024\/bitmine-buys-record-45759-eth-can-it-stop-bmnr-breaking-below-15-support?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"BitMine\" buys record eth it stop bmnr breaking below support>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies (NYSE:BMNR) bought 45,759 Ethereum (CRYPTO: ETH) last week for over $90 million\u2014its largest weekly purchase this year. The Buying Spree Continues BitMine\u2019s total ETH holdings reached 4,371,497 tokens worth $8.7 billion at current prices, representing 3.62% of total ETH supply.\u00a0 The company also raised its cash pile to $670 million alongside a [&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-72823","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\/72823","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=72823"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/72823\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}