BMNR stock price rises by more than 7%, BitMine increases holdings by 32,447 Ethereum
2026-08-25 17:21:47
According to CoinMeta, BitMine expanded its Ethereum holdings over the past week, with the stock price of BMNR rising by 7.10% to $24.45. The company acquired 32,447 more Ethereum coins, bringing its total holdings to 5,847,611, which accounts for approximately 4.8% of the total Ethereum supply. BitMine also reported on its staking balance, liquidity, other investments, and the value of total assets. In a press release dated August 24, 2026, BitMine estimated the value of its Ethereum holdings at approximately $14.27 billion, using a reference price of $2,440 per Ethereum coin. BitMine projected annualized staking income to be around $330 million.
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Source:The Coin Republic
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