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Bitmine Buys 101,627 ETH As BMNR Tests Breakout Near $23 - BitMine Immersion (NYSE:BMNR)

  • In the past week, Bitmine Immersion Technologies, Inc. acquired 101,627 ETH, the highest purchase pace since December 15, 2025, raising total holdings to 4.12% of Ethereum's 120.7 million ETH supply.
  • Chairman Tom Lee stated, "We see growing signs that the 'mini-crypto' winter is coming to an end," driving Bitmine's accelerated accumulation toward its "Alchemy of 5%" treasury goal.
  • As of April 20, 2026, Bitmine holds 3,334,637 staked ETH, representing $7.7 billion, managed through MAVAN to target $330 million in projected annual rewards at scale.
  • Trading under symbol BMNR, Bitmine commands $12.9 billion in total crypto, cash, and "moonshots" holdings while ranking as the 80th most traded U.S. stock with $1.2 billion daily volume.
  • Benefiting from Wall Street tokenization and agentic AI systems increasingly utilizing public blockchains, Bitmine advanced its Ethereum strategy following its April 9, 2026, uplisting to the New York Stock Exchange.
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Block Telegraph broke the news on Monday, April 20, 2026.
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