$BMNP

Strategy (MSTR), Circle Internet (CRCL), Bitmine Immersion Technologies (BMNR) and other crypto-linked stocks rose after Bitcoin (BTC) reclaimed $65,000, despite the CLARITY Act’s Senate vote being delayed to September. MSTR gained over 7% and crossed $100; CRCL rose over 6%. Coinbase (COIN) and Robinhood (HOOD) rose over 3%, according to the report.

Tom Lee of BitMine Immersion (BMNR) said Ethereum is exiting a multi-year consolidation and could rise sharply. He set ETH targets of $12,000, $22,000, and $62,000 based on ETH/BTC ratios and a scenario where ETH becomes a primary financial tool. ETH was about $2,328. BMNR said it increased holdings to 5.2M ETH and aims for 5% supply in 2026.

Binance said it will add 10 tokenized stock products, called bStocks, to its spot market on Aug. 5, 2026, including ASML and Netflix. The bStocks are designed to track underlying share prices without granting ownership rights, voting, or dividends. Binance also enabled its spot algo trading bot for each and offered limited free conversions into supported crypto.

Bitmine Immersion Technologies (NYSE: BMNR) said it accelerated its $4 billion share repurchase program, buying back 4.5 million BMNR shares in the past week and 15 million since July 1. It also bought 10,399 ETH worth $19.5 million, holding 5.8 million ETH. BMNR stock is $17.42, down 44% YTD.

Bitmine Immersion Technologies (NYSE: BMNR) said that as of Aug. 2, 2026 it held 5,797,813 ETH, valued at about $10.9B using a $1,880 reference price from Coinbase data. Combined crypto and cash/marketable securities totaled $11.3B. The firm reported buying 10,399 ETH in the prior week, with 4,917,189 ETH staked, and continued share repurchases.

Strive (ASST), American Bitcoin (ABTC) and Bitmine (BMNR) increased crypto treasuries while Strategy (STRC) sold 1,638 BTC for about $104.7 million to fund dividends and cash reserves, according to a Strategy 8-K. Strive bought 20 BTC for about $1.3 million. American Bitcoin topped 8,000 BTC. Bitmine raised its ETH treasury to 5,797,813 ETH.

Bitmine (BMNR) said in a Monday update that it bought 10,399 ETH for about $19.1 million. The company cited ETH’s July outperformance versus the Nasdaq 100 and its history of preceding BMNR share gains. Bitmine holds 5,797,813 ETH (~$10.9B), with 96% toward its 5% supply goal, and repurchased 4.5M shares under a $4B buyback.

Bitmine Immersion (BMNR) said it bought 10,399 ETH worth about $19.1 million last week, raising holdings to nearly 5.8 million ETH, and also repurchased 4.5 million shares, totaling 16 million recent buybacks. Chairman Tom Lee cited ETH’s July outperformance versus the Nasdaq as improving crypto fundamentals. Strategy (MSTR) sold 1,638 BTC.

In July 2026, spot crypto rose while many crypto-linked equities fell. Bitcoin gained 5.61% to $62,614.06 and Ethereum rose 16.29% to $1,850.61, but nine of 11 major crypto stocks ended lower. BMNR rose 26.56% while ABTC fell 44.00%. The article cites $242.24M in 24-hour liquidations and highlights miners’ post-halving margin pressure and treasury financing effects, including MSTR’s Q2 2026 net loss of about $8.22B.

Crypto markets stayed rangebound as Bitcoin traded around $60,000 to $65,000, with BTC at about $62,850 on July 31. Ethereum, Solana, and Dogecoin also sat below key resistance. Coinbase shares fell 6% after a wider-than-expected loss and $1.2B revenue. Circle secured a New York trust charter; Strategy raised cash to $3.75B without changing BTC holdings.