Bitmine (BMNR) Stock: Breaks Higher After Bold 40,613 ETH Treasury Boost

TLDR:

• Bitmine adds 40K ETH, lifts treasury to $9.2B as BMNR rallies
• ETH stash hits 3.58% of supply, staking revenue tops $200M
• Bitmine staking yield beats Ethereum composite rate
• 67% of Bitmine ETH now staked, worth over $6.2B
• BMNR volume surges as Bitmine pushes toward 5% ETH target

Bitmine (BMNR) traded at $21.11 and gained 3.13% after firm intraday momentum. The stock moved higher as the company reported a major expansion of its Ethereum treasury during a period of market weakness. The disclosure strengthened market attention because Bitmine continued buying while Ethereum traded below $2,000.

Bitmine Immersion Technologies, Inc., BMNR

Ethereum Accumulation Strengthens Bitmine’s Market Position

Bitmine acquired 40,613 ETH during the week ending Feb. 8 and expanded its already large ether position. The company lifted its total Ethereum holdings to 4,325,738 ETH and advanced its stated supply target. The firm increased its exposure while ETH traded far from its prior peak.

The company valued its full treasury at about $9.2 billion and reported 193 Bitcoin on its balance sheet. It also highlighted strategic stakes in Beast Industries and Eightco Holdings and noted a cash position of $595 million. Bitmine stated that these combined assets pushed its total “crypto + cash + moonshots” holdings to $10 billion.

Bitmine reported that its Ethereum position now represents 3.58% of the circulating supply. The figure advanced the firm to 72% of its “Alchemy of 5%” strategy within six months. The company indicated that it views ether utility as a major long-term anchor for its approach.

Staking Growth Enhances Bitmine’s Revenue Profile

Bitmine confirmed that 2,897,459 ETH are currently staked through existing partners and internal systems. That balance equals about 67% of its total treasury and carries a valuation of roughly $6.2 billion. Furthermore, the company reported that staking revenue reached $202 million annually after rising 7% last week.

The firm said its operations produced a 7-day annualized yield of 3.3234%. It noted that this performance exceeded the 3.115% Composite Ethereum Staking Rate during the same period. Bitmine expects yield expansion to support long-term revenue stability.

Bitmine aims to fully deploy its Made in America Validator Network in early 2026 through three staking providers. The company projected that full-scale staking could generate $374 million in annual rewards. It also emphasized that this level would equal more than $1 million per day once all ETH is staked.

BMNR Trading Activity Remains Elevated

Bitmine stated that BMNR remains one of the most heavily traded U.S. equities. Data showed the stock ranked 107th by five-day average dollar volume as of Feb. 6. Trading volume reached about $1.3 billion across the same period, indicating consistently strong market activity.

The company noted that its treasury strategy continues to shape its broader profile. It also said its acceleration phase aligns with long-term asset commitments. Bitmine maintained an active approach as market conditions shifted.

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