Bitmine (BMNR) increased its holdings by 135,000 ETH over the past 10 hours through multiple institutional platforms, bringing its total position to 1.297 million, worth $5.77 billion.
#BMNR added 135,135 ETH (~$600M) in 10 hours, lifting its reserves to 1.297M ETH (~$5.77B) at an average cost near $4,450 per ETH (source: @EmberCN). Similar ETH-related milestones (as above) resulted in 12–30% stock gains across short-term windows. Historical Precedents & Stock Reaction July 2025 Surge After ETH Accumulation BitMine’s stock jumped 14% in a single day, and surged 167% over the month, as investors responded to its aggressive Ethereum accumulation strategy. Ether-Linked Stock Rally on ETH Highs When Ethereum climbed toward multi-month highs, BMNR rose about 14%, and other crypto-linked stocks also gained notably. Peter Thiel’s Stake Disclosure When Peter Thiel was revealed as acquiring a 9.1% stake in BMNR, the stock spiked ~30% intraday, later settling to an overall 20%
#BMNR added 135,135 ETH (~$600M) in 10 hours, lifting its reserves to 1.297M ETH (~$5.77B) at an average cost near $4,450 per ETH (source: @EmberCN). Similar ETH-related milestones (as above) resulted in 12–30% stock gains across short-term windows. Historical Precedents & Stock Reaction July 2025 Surge After ETH Accumulation BitMine’s stock jumped 14% in a single day, and surged 167% over the month, as investors responded to its aggressive Ethereum accumulation strategy. Ether-Linked Stock Rally on ETH Highs When Ethereum climbed toward multi-month highs, BMNR rose about 14%, and other crypto-linked stocks also gained notably. Peter Thiel’s Stake Disclosure When Peter Thiel was revealed as acquiring a 9.1% stake in BMNR, the stock spiked ~30% intraday, later settling to an overall 20%