Bitmine Immersion (NYSE:BMNR) bought 76,881 Ethereum
BitMine accumulated 76,881 ETH to reach 5.62M holdings (4.66% of supply) with $219M annualized staking yield. The $273.8M Series A preferred at 9.5% weekly yield signals crypto treasury becoming institutional-grade cash-flow for budget allocation.
BitMine Immersion Technologies expanded its leading Ethereum treasury to more than 5.6 million ETH valued at greater than $10 billion.
PRNewswire, PRNewswire, 15th June 2026, Chainwire
Bitmine now holds 5.62M ETH after acquiring 77K tokens, becoming second-largest corporate crypto treasury behind MicroStrategy. This reduces available supply, signals institutional conviction, and positions BMNR as a volatility-amplified equity proxy for Ethereum exposure—replicating the MicroStrategy/Bitcoin model.
Tom Lee's Ethereum treasury firm, through the preferred stock sale, is using a financing tool pioneered by Michael Saylor's bitcoin treasury firm Strategy.
Bitmine possiede il 4,66% dell'offerta totale di ETH pari a 120,7 milioni
Bitmine boosted ETH holdings to 5.62 million tokens, or 4.66% of supply, as Tom Lee cites "early stages of crypto spring."
Bitmine's crypto, cash, securities, and strategic holdings now total $10.4 billion, with the company closing a preferred stock offering.
Bitmine (BMNR) acquired 76,881 more ETH, bringing total holdings to 5.62 million. The firm is now the second-largest crypto treasury company after Strategy.
BitMine stock rises after buying more Ethereum, nearing its 5% supply goal and highlighting staking rewards.
BitMine Immersion Technologies bought 76,881 ETH worth $135M, bringing total holdings to 5.6M ETH as the company targets 5% of Ethereum's supply.