{"id":77351,"date":"2026-03-23T17:01:31","date_gmt":"2026-03-23T17:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=77351"},"modified":"2026-03-23T17:01:31","modified_gmt":"2026-03-23T17:01:31","slug":"why-is-bitmine-stock-gaining-monday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=77351","title":{"rendered":"Why Is BitMine Stock Gaining Monday?"},"content":{"rendered":"<div>\n<p><strong>BitMine Immersion Technologies, Inc.<\/strong> <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.benzinga.com\/quote\/BMNR\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BMNR\" data-exchange=\"AMEX\" rel=\"noopener\">(AMEX:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">BMNR<\/a>) shares rose Monday after the <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/pressreleases\/26\/03\/n51403022\/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-661-million-tokens-and-total-cr\" rel=\"noreferrer noopener\">company reported<\/a> total crypto, cash, and \u201cmoonshot\u201d holdings of $11.0 billion, underscoring its growing Ethereum exposure.<\/p>\n<h2 class=\"wp-block-heading\">Ethereum Holdings And Accumulation Strategy<\/h2>\n<p>The company holds 4.66 million <strong>Ethereum <\/strong><a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" rel=\"noreferrer noopener\"><\/a><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>), including 3,142,643 staked ETH, valued at $6.5 billion, as well as $1.1 billion in cash. BitMine now owns 3.86% of the total ETH supply and is over 77% toward its \u201cAlchemy of 5%\u201d target within eight months.<\/p>\n<p>The company has accelerated accumulation, including a recent weekly purchase of 65,341 ETH.<\/p>\n<h2 class=\"wp-block-heading\">Staking Scale And Revenue Potential<\/h2>\n<p>BitMine generates annualized staking revenue of $184 million, with potential to reach $272 million as staking scales. The MAVAN staking solution remains on track for a first-quarter 2026 launch.<\/p>\n<p>In addition to Ethereum, BitMine holds 196 <strong>Bitcoin <\/strong><a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" rel=\"noreferrer noopener\"><\/a><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>), a $200 million stake in Beast Industries, and $95 million in <strong>Eightco Holdings<\/strong> <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/quote\/ORBS\" rel=\"noreferrer noopener\"><\/a><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>).<\/p>\n<h2 class=\"wp-block-heading\">Regulatory Catalyst And Management Outlook<\/h2>\n<p>Management pointed to regulatory developments, including a 68% probability that the Clarity Act will pass in 2026, as a potential catalyst for Ethereum.<\/p>\n<p>\u201cBitmine has maintained &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/26\/03\/51413430\/why-is-bitmine-stock-gaining-monday?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Why\" is bitmine stock gaining monday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies, Inc. (AMEX:BMNR) shares rose Monday after the company reported total crypto, cash, and \u201cmoonshot\u201d holdings of $11.0 billion, underscoring its growing Ethereum exposure. Ethereum Holdings And Accumulation Strategy The company holds 4.66 million Ethereum (CRYPTO: ETH), including 3,142,643 staked ETH, valued at $6.5 billion, as well as $1.1 billion in cash. BitMine [&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-77351","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\/77351","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=77351"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/77351\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}