BMNR Stock Surges on Expanded Ethereum Reserve

Bitmine Immersion Technologies (BMNR) has seen its stock surge as it continues to expand its Ethereum reserve and implement a staking strategy. The company's treasury now holds $11.3 billion in crypto, cash, securities, and strategic equity holdings.

The company's massive 5.8 million ETH reserve is valued at around $10.9 billion using the current market price of $1,880 per ETH. This represents 4.8% of Ethereum's circulating supply.

Bitmine has been purchasing ETH every week since June 30, 2025, as part of its Ethereum treasury strategy aimed at leveraging Ethereum's long-term role in digital finance and institutional settlement networks.