$BMNR

BitMine Immersion Technologies Inc. (BMNR) stock rose 4.85% on October 15, 2026, driven by its Ethereum holdings and staking platform. The company holds 6.0M-6.03M ETH (4.9% of supply) and has a diversified crypto balance sheet. BMNR reported $6.1M quarterly revenue, $83.6M net losses, and $11.6B total assets. B. Riley raised its price target to $34, citing crypto sentiment and macro catalysts.

Bitcoin, Ethereum, and other major cryptocurrencies fell sharply after a higher-than-expected CPI report raised rate hike odds. Bitcoin dropped from $83,000 to the low $81,000s, while Ethereum fell below $2,400. Crypto-linked stocks like MicroStrategy (MSTR) and Bitmine Immersion (BMNR) also declined. Over $450 million in crypto liquidations occurred, with most being long bets, according to Coinglass. The global crypto market cap contracted by 2.20% to $2.84 trillion.

Crypto-linked stocks IREN, ABTC, HOOD, MSTR, CRCL, COIN, BMNR fell on Oct 14 after US inflation rose to 3.7% in September. IREN dropped 12.10% to $30.59, ABTC fell 11.43% to $7.67, HOOD declined 8.73% to $100.87, and MSTR fell 6.41% to $142.42. Bitcoin and Ethereum also declined 1.7% and 3.2% respectively.

BitMine Immersion Technologies (BMNR) completed a $350M share repurchase, buying 21M shares at ~$16.67 each. The buyback is part of its capital strategy, alongside Ethereum accumulation and staking. BMNR holds 5.82M ETH, valued at ~$11.4B. Management believes the buyback addresses a disconnect between share price and asset value.

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNP) filed an SEC Form 8-K — Regulation FD Disclosure. Exhibit 99.1 Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.03 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $16.2 Billion Bitmine owns 4.9% of the total ETH coin supply of 122.1 million Bitmine is 99% of the way to the

Bitmine Immersion Technologies (BMNR) has accumulated $15.5B in Ethereum (ETH), about 4.9% of all ETH in circulation, but plans to stop buying once it reaches 5%. The company will shift to a yield-maximization strategy. SharpLink (SBET), holding 868,699 ETH, is the second-largest Ethereum treasury company. Ethereum ETFs hold $15B in ETH, providing some market support.

Bitcoin, Ethereum, XRP, and Dogecoin declined on Monday due to geopolitical uncertainty and upcoming inflation data. Bitcoin fell near $81,000 before rebounding, while Ethereum dropped to $2,400, down 10% over the week. Over $775 million in crypto positions were liquidated, with long traders losing heavily. Analysts suggest a pullback is not the end, with key levels identified for Bitcoin's potential recovery.

Bitmine's ETH holdings reached 6.03 million tokens, nearing its 5% target of Ethereum's supply. The company's treasury is valued at $16.2 billion, with staked ETH worth $12.9 billion. Chairman Thomas Lee expects a crypto upswing driven by tokenization and AI. BMNP preferred shares gained 24% since issuance, and the company is the largest Ethereum treasury.

Bitmine Immersion Technologies (BMNR) reported ETH holdings of 6.03 million tokens, valued at $16.2 billion, including $12.9 billion in staked ETH. Chairman Tom Lee expects a crypto bull market, citing strategic positioning and recent outperformance. BMNR's preferred stock (BMNP) gained 24% since issuance, outperforming Treasuries. The company holds significant crypto and cash reserves, with plans to expand staking and validation services.

Markets showed caution as oil and bond yields rose. Bitcoin fell below $83,000, while Micron (MU) and SanDisk (SNDK) shares declined. Bitmine (BMNR) bought $32M in ETH, and MicroStrategy (MSTR) acquired 250 bitcoin. IREN (IREN) secured a cloud services deal with Anthropic, boosting its shares.