Bitmine Immersion Technologies Announces Initial Dividends and NYSE Listing for Series A Preferred Stock

Bitmine Immersion Technologies has scooped up another 75,000 ether worth roughly $123 million, lifting the Tom Lee-chaired firm’s treasury past 5.4 million ETH and deeper into a multibillion-dollar bet on the network. A 75,000 ETH Buy in an Eight-Hour Window Bitmine Immersion Technologies (NYSE American: BMNR) acquired 75,000 ether on June 9 for about $123 […]

The NYSE's financial surge highlights a market shift towards core business fundamentals, emphasizing sustainable growth over speculative trends. The post NYSE reports 50% revenue growth and 10x increase in free cash flow appeared first on Crypto Briefing.

Bitmine, the world’s largest Ethereum treasury, has ramped up its ETH buying during the latest crypto market correction, making the company’s largest purchase of 2026 to date. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic Bitmine Doubles Down On Ethereum On Monday, Bitmine Immersion Technologies announced it had bought over 126,971 ETH, worth roughly $214 million, during last week’s dip, marking the treasury’s largest purchase so far this year. Now, Bitmine’s crypto and cash holdings sit at $9.6 billion at current prices, comprised of 5,543,872 ETH at $1,630 per ETH, 204 Bitcoin (BTC), a $180 million stake in Beast Industries, an $88 million stake in Eightco Holdings as part of its “Moonshots” initiative, and total cash worth $247 million. In a statement, Bitmine’s Chairman, Tom Lee, explained that the firm saw the recent price dip, which sent Ethereum to a one-year low of $1,505 on Sunday, as a buying opportunity, arguing that Ethereu

BitMine Immersion Technologies acquired 126,971 ETH for approximately $207 million last week at an average of $1,630 per token, its largest weekly purchase of 2026, lifting its total treasury to 5.54 million ETH, equal to 4.59% of Ethereum's circulating supply.

Leading Ethereum treasury firm BitMine Immersion Technologies bought the dip, making its largest weekly ETH purchase so far this year.

Bitmine Immersion Technologies now controls 4.59% of the entire ethereum supply after accumulating 5.54 million ETH valued at approximately $9.04 billion at current prices. Holdings Overview The Norwalk, Connecticut-based company disclosed total crypto, cash, and “moonshot” holdings of $9.6 billion as of June 7, 2026. The breakdown includes 5,543,872 ETH at $1,630 per token, 204 […]

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.54 Million Tokens, and Total Crypto and Total Cash Holdings of $9.6 Billion

The firm announced that the US securities regulator has declared its S-4 registration statement effective, bringing it closer to a SPAC merger with Cantor Equity Partners II.