bitmine immersion technologies, inc.07

what's bitmine immersion technologies, inc.?

BitMine Immersion Technologies is a publicly traded cryptocurrency investment and technology company specializing in building one of the largest ETH treasuries globally, positioning itself as a leader in corporate crypto adoption through aggressive accumulation of Ethereum tokens. Its core value proposition lies in leveraging immersion cooling innovations for efficient crypto mining operations while transforming into a high-velocity ETH holder, surpassing 2% of total ETH supply and maintaining billions in combined crypto and cash reserves. Key technical features include strategic ETH staking and treasury management, enabling it to outpace peers like MicroStrategy in ETH velocity and liquidity among digital asset treasuries. The company targets institutional investors and Wall Street integration by tokenizing assets on Ethereum, with notable leadership from Chairman Tom Lee of Fundstrat, fostering ecosystem growth through partnerships with Ethereum developers and blockchain events like Token2049.

Snapshot

Bitmine staked 109,504 ETH ($340.6M) on Jan 12, bringing total to 1.19M ETH ($3.7B).

1D ago
WHALE ACTIVITY

Staked 109,504 ETH (valued at $340.6M) in a 4-hour period on January 12, 2026, bringing total staked ETH holdings to 1.19 million ETH (valued at $3.7 billion).

2D ago
ONCHAIN METRICS

Staked an additional $266,300,000 in ETH on 2026-01-11.

1W ago
ONCHAIN METRICS

Staked $600 million worth of ETH on January 6, 2026.

WHALE ACTIVITY

Staked an additional 186,336 ETH (worth $604.5M) in a four-hour period, bringing total staked ETH to 779,488 ETH ($2.51B).

FINANCIAL EVENT

Received a proposal to increase the shares cap from 500M to 50B.

MARKET ACTIVITY

Received $1.4 billion in inflows from South Korean retail traders, becoming the 2nd most popular overseas stock among that investor group.

2W ago
WHALE ACTIVITY

Staked $219,200,000 worth of ETH on December 27, 2025.

FINANCIAL EVENT

Raised capital through structured capital markets in 2025 to build a large Bitcoin position as part of a corporate crypto treasury strategy.

3W ago
WHALE ACTIVITY

Purchased $88,380,000 worth of ETH from BitGo and Kraken on December 23, 2025.

WHALE ACTIVITY

Acquired 48,049 ETH worth approximately $140 million and added it to the company treasury.

1M ago
WHALE ACTIVITY

Received $17 million in share purchases from Ark Invest ETFs during a market downturn on Monday, December 16, 2025.

Ark Invest purchases BitMine shares during a price dip, alongside Coinbase and Circle.

Total crypto, cash, and "moonshots" holdings reach $13.3B as of Dec 14, including 193 BTC and a $38M stake in Eightco Holdings (NASDAQ: ORBS), alongside the 3.97M ETH and $1.0B cash previously reported.

BMNR trades at a 3% mNAV premium at current prices ($31 share price, $2939 ETH price) and will stop buying ETH through share issuance if the stock continues to underperform ETH.

BitMine acquires 102,259 ETH over the past week, bringing total treasury holdings to 3.97 million ETH (tweets 2000560961602925032, 2000561878192492842).

The firm targets a 5% share of total ETH supply based on Fundstrat's thesis on Wall Street-led tokenization driving Ethereum adoption.

A wallet withdrew 23,637 ETH ($73M) from Kraken, with total 2-day ETH accumulation reaching 38,596 ETH.

Chairman Tom Lee confirms on Rug Radio that the company will never sell its ETH holdings, which now represent near 4% of total ETH supply, with $1B still remaining to deploy.

Chairman Tom Lee confirms the company dramatically increases its ETH purchases compared to a week ago, stating they are "putting our money where our mouth is" on the Rug Radio podcast.

Treasury holdings exceed 3.8M ETH while $BMNR gains 22% and outperforms ETH and the entire DAT sector over the past week.

The company provides a 2% staking yield to Fundstrat as part of its planned evolution from a DAT company to an onchain financial service and product company.

BMNR's ETH holdings are not staked according to analysis, contradicting previous reports of staking operations generating $1M daily revenue. Company confirms no plans to use debt or leverage in treasury strategy, purchasing approximately 9 figures worth of ETH weekly through stock sales.

Company reports $1B cash position and 1.17X MNav ratio, with projections to hold 4M ETH by next Monday's disclosure.

The company acquires 33,504 ETH worth $112 million from FalconX today.

ETH staking operations generate approximately $1M daily in revenue. Fundstrat continues buying for the eighth consecutive week, targeting 5% of total supply.

BMNR gains 31.49% over the last week, ranking as the #2 performer among Bitcoin treasury companies.

BMNR stock rises almost 10% today while an ATM offering is active.

Treasury company inflows reach $1.38B this week from Strategy and Bitmine, marking the largest weekly inflow since September.

Holdings show an unrealized loss of $3.095 billion with average acquisition cost at $3,925 per ETH. Reports claim the funding mechanism driving the company's acquisition strategy has collapsed and forces a desperate pivot to survive.

Company purchases 97,650 ETH this week and holds 3.16% of total Ethereum supply valued at $12 billion. Additionally, company adds 300,000 ETH (nearly $800M) to treasury as part of broader Digital Asset Treasury buying activity.

Average acquisition cost per ETH stands at $3139, and the company operates with zero debt.

Company buys 138,452 ETH worth $435 million last week. Holdings total 3,864,951 ETH valued at $12.4 billion.

Bitmine absorbs 2-3 million ETH over the last 2 months as the primary buyer of market supply.

Company purchases $199M in ETH in a new acquisition transaction.

Company acquires 22,676 ETH worth $68.67 million in a new purchase transaction.

After $150M purchase, holdings now exceed 3% of Ethereum's total circulating supply.

BMNR stock rises 8% today. Anticipation of additional Wall Street capital for further accumulation.

Company purchases 41,946 ETH ($130 million) today through Bitgo and FalconX, bringing weekly accumulation to 97,649 ETH ($296 million).

BMNR records $1.7 billion in trading volume today and had $2.5 billion in volume on its second day of trading.

Company holds BTC on its balance sheet in addition to ETH holdings and develops a staking platform for its ETH treasury. The company actively seeks to invest in and seed Ethereum DeFi projects while building out "BitMNR Labs" as a new initiative.

Tom Lee serves only as advisor with no financial ties to the company and is not connected to recent whale wallet activity, contrary to misinformation attributing whale ETH movements to him.

Company adds $150 million in ETH to its treasury while other digital asset treasury firms reduce buying activity.

Stock gains 10.26% in recent trading and has risen over 650% since announcing its Ether accumulation strategy.

A newly created wallet potentially linked to the company withdraws 30,278 ETH ($91.16M) from Kraken exchange.

Digital asset treasury inflows fall to $1.32B in November 2025, the weakest month of the year, with Ether treasuries posting $37M in outflows as company remains among few continuing to accumulate.

The project bought 3% of ETH at an average price of $3,120, with their first purchase at $2,486.

Weekly ETH buying pace increases 39% with company now two-thirds of the way to 5% Ethereum supply target. Company cites Fusaka upgrade on December 3rd and Fed ending quantitative tightening as positive tailwinds, while treasury value drops from $14B to $9.7B.

Tom Lee's Ethereum DAT BitMine holds 3% of the total ETH supply.

Company purchases 96,798 ETH for $272.3M over the past week, increasing total holdings to 3.73 million ETH with overall crypto and cash holdings reaching $12.1 billion including $882 million in cash. Annual shareholder meeting scheduled for January 15, 2026 in Las Vegas.

Company now holds 3.63M ETH representing 3% of total ETH supply with $800M available capital for future purchases, and plans to launch staking yield through proprietary MAVAN validator network in Q1 2026.

MSCI flags Bitmine Immersion for potential removal from major indexes due to exceeding 50% digital asset holdings threshold, with decision date set for January 15th, 2026.

Bitmine acquires another 16,693 ETH worth $50.1M through FalconX.

Bitmine wallets record $44.3 million in inflows and $185.6 million in weekly ETH purchases as Chair Tom Lee reaffirms continued buying and predicts 2026 as a breakout year for ETH.

BitMine stock surges alongside Bitcoin miners' stocks as BTC and Ethereum recover.

BMNR/MSTR ratio hits new multi-month high.

A wallet linked to Bitmine purchases 20,532 ETH worth approximately $63M in a new transaction.

Chair Tom Lee predicts Ethereum will rebound to $7,000-$9,000 by January.

Total Ethereum holdings reach 3% of all ETH supply with stated goal to increase position to 5%.

Bitmine accumulates 14,618 ETH worth approximately $44.34M in recent transaction.

Chair Tom Lee softens his Bitcoin year-end target from $250K, calling year-end ATH a 'maybe' but maintains expectation for BTC to surpass $100K before 2025 ends.

CNBC Closing Bell appearance at 3pm ET scheduled to cover the roadmap into year-end.

The mNAV stands above 1.0 following updated share count and ATM usage disclosed in the Q3 report.

Stock price surges 20% in today's trading session.

From July 28 to November 24, ETH per share grows 84% and cash reserves increase by $400M (representing an additional 7% increase if converted to ETH).

Company buys $200M worth of ETH while shares crash 80% since June 3.

The stock gains 10% in today's trading session.

Company purchases 69,822 ETH last week, bringing total holdings to 3.63M ETH (3% of total supply). Unencumbered cash increases to $800M, up from $607M last week and $398M two weeks ago.

Company plans to launch its MAVAN staking network in early 2026 and reports combined crypto and cash assets of $11.2 billion.

The company announces an annual dividend of $0.01 per share for shareholders.

Company acquires 28,625 ETH for $82.11M and now holds approximately 3.6M ETH total.

Company announces goal to own 5% of the total ETH supply.

Latest share count stands at 384,067,823 shares with the stock trading at a 6% discount to net asset value (0.94 mNAV) at $26 per share.

Company purchases an additional 21,537 ETH worth $59.17M through FalconX, continuing its accumulation strategy despite existing underwater positions.

Tom Lee receives nearly $200M in compensation this year (including $15M signing bonus) as shareholders face $4.5B unrealized loss on Ethereum purchased at average price over $4000 versus current $2700 market price.

Chairman Tom Lee tells Bloomberg that Bitcoin reaching $150,000-$200,000 by end of January remains achievable despite current market downturn.

BitMine will begin staking its Ether holdings through the "Made in America Validator Network" starting early 2026 to generate yield from its underwater ETH treasury.

Company reports earnings today as the ticker bounces 2% after dropping 25% over the previous 5 days amid crypto market turmoil.

Company announces annual dividend program as ETH treasury mNAV dips. (ID: 1991945643103846841)

An analyst warns of structural issues facing the company amid its Ether position losses. (ID: 1991936552042405928)

MSCI announced on October 10 a review of whether crypto-holding companies qualify for index inclusion as "companies" or "funds," with a ruling expected January 15, 2026 that could force removal from indices and automatic selling by pension funds and passive index trackers.

Chairman Tom Lee tells CNBC the Oct. 10 market crash damaged market makers' balance sheets and caused weeks of selling pressure.

Portfolio losses now exceed $4.5 billion.

Bitmine purchases 63,123 ETH ($174M) this week, bringing total holdings to 3.62M ETH ($9.96B), surpassing BlackRock's 3.60M ETH holdings.

Bitmine withdraws 17,242 ETH (~$48.96M) from FalconX and Bitgo, bringing total holdings to 3.35M ETH (~$9.547B).

An mNAV (market Net Asset Value) collapse causes the $3.7B loss and traps investors in their positions.

ARK Invest crypto stock purchases continue, totaling $42M in Circle, Bullish, and BitMine.

ARK Invest buys $7.6M worth of shares across three ETFs during Wednesday's crash, part of a total $39M investment alongside Circle and Bullish purchases.

Ark Invest buys more shares as stock prices fall sharply.

Unrealized loss totals -$3,629,447,673.07.

Stock is tokenized on Robinhood platform via Arbitrum One and ranks among top stocks by tokenized market cap as the largest ETH Digital Asset Trust.

A new wallet linked to the company receives 24,827 ETH worth $72.52M from BitGo.

A new wallet linked to the company receives 21,054 ETH worth $66.57M from Kraken exchange 6 hours ago.

Stock trades below Net Asset Value.

Stock declines over 10% as crypto market pullback deepens and Ethereum slides, adding pressure beyond the previously reported 46% decline. Active discussions focus on the company's ETH exposure and resilience in volatile market conditions.

Company targets 5% of ETH's circulating supply, up from current 2.9% holding. Competitor Republic raises $100M at 0% interest for ETH purchases with 50% warrant coverage compared to BitMine's 200% warrant structure.

Portfolio shows $3.0B unrealized loss from a 22% decline, exceeding MicroStrategy's peak bear market loss of $1.9B.

Purchases 54,156 ETH worth $168.98M last week and increases unencumbered cash to $607M from $398M. Company reveals additional holdings include 192 BTC and $37M in moonshot equities, making it the largest ETH treasury globally and #2 overall crypto treasury.

Chi Tsang appointed as new CEO replacing Jonathan Bates. Company reports total crypto and cash holdings of $11.8B including 3.5599M ETH (2.9% of ETH's circulating supply), while shares decline 46%.

Peter Thiel's Founders Fund reduces its stake in the company by 50% to 2.547M shares on September 9, 2025, down from a 9.1% stake of 5.09M shares.