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Bitmine Buys 101,627 ETH As BMNR Tests Breakout Near $23
Bitmine Immersion (NYSE: BMNR) has purchased 101,627 Ethereum (ETH) in the past week, bringing its total holdings to 4.976 million ETH, valued at $11.45 billion. This acquisition marks the highest weekly buying pace for the company since December 2025, and coincides with BMNR’s stock testing a channel breakout near $23. The company now owns 4.12% of Ethereum’s total supply and is approaching its goal of 5%, with Chairman Tom Lee noting positive signs that the “mini-crypto” winter is ending.