Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

BitMine's Crypto-Fueled Surge Lifts Stock Amid Ethereum Rally and Short Squeeze

Guavy AI Editorial Team
Instruments
BTC ETH
Share

BitMine's stock has been riding a wave of crypto-fueled momentum after shares climbed sharply on Thursday, up 7.4% from the previous close to €18.62.

The surge comes as Ethereum, at the heart of BitMine's accumulation strategy, posted a dramatic 20% intraday gain on Wednesday, with Bitcoin also breaking through key psychological levels.

BitMine has been focused on amassing a significant portion of the total Ethereum supply, currently holding around 5.82 million ETH, about 4.8% of all Ethereum in circulation worldwide.

More on Crypto

Crypto just now

X Ponders Stablecoin Payments for Content Creators

Crypto 1m ago

Circle Stock Rallies Amid Crypto Boom, Arc Layer 1 Launch Looming

Crypto 1m ago

USDC Tumbles 50% Against Pakistani Rupee Amid Market Volatility

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy