{"id":631592,"date":"2026-09-09T14:30:54","date_gmt":"2026-09-09T18:30:54","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=631592"},"modified":"2026-09-09T12:21:03","modified_gmt":"2026-09-09T16:21:03","slug":"bitmine-now-holds-5-93m-eth-what-does-it-mean-for-bmnr-stock","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bitmine-now-holds-5-93m-eth-what-does-it-mean-for-bmnr-stock\/","title":{"rendered":"BitMine now holds 5.93M ETH \u2014 What does it mean for BMNR stock?"},"content":{"rendered":"

A year ago, BitMine Immersion Technologies [BMNR] held a modest pile of Ethereum [ETH]. Today, that pile is the biggest anyone has.<\/p>\n

Somewhere along the way, they also decided to make staking rewards a little simpler for everyone involved.<\/p>\n

What’s going on?<\/p>\n

A look back at July 2025…<\/h2>\n

At the time, BitMine’s stash barely registered, at just 163K tokens<\/strong>. Fast forward one year, and the same treasury holds<\/a> 5,929,198 ETH<\/strong>.<\/p>\n

There’s been a near-vertical climb<\/a> from under a million ETH in late 2025, to almost 6 million<\/strong> by September 2026.<\/p>\n

\"bmnr<\/a>
Source: X<\/figcaption><\/figure>\n

Add in BitMine’s other crypto positions and “moonshot” bets. Now, the total treasury is now worth a mammoth $15.7 billion!<\/strong><\/p>\n

What you should be noticing<\/h2>\n

The headline is huge, sure. But the 8-K is where the real information is.<\/p>\n

BitMine recently walked away<\/a> from its staking deal with Ethereum Tower. This is a 10-year<\/strong> agreement that came with a revenue-sharing fee that has to do with net staking income.<\/p>\n

In its place is a new contract with American Validator [an Ethereum Tower affiliate]. That strips the arrangement down to 1.50%<\/strong> of staking rewards on BitMine’s staked ETH.<\/a><\/p>\n

This may not be a big change on paper; but as the staking pile grows, revenue share fee becomes more consequential.<\/p>\n

BMNR stock is slowing down, even if the pile isn’t<\/h2>\n

Price ran from around $18<\/strong> in mid-August to a high near $27.50<\/strong> by the end. At the time, RSI was in overbought territory.<\/p>\n

Since then, it’s pulled back to $24.48<\/strong>, RSI come to near-neutral levels, and the MACD has flattened.<\/p>\n

\"bmnr<\/a>
Source: TradingView<\/figcaption><\/figure>\n

It seems like the market has already priced in a lot of BitMine’s ETH buying and the staking cleanup.<\/p>\n

We’re on a breather now.<\/p>\n

\n

Final Summary<\/h2>\n
    \n
  • BitMine’s ETH holdings went from 163K to 5.93 million in just one year, but at present, BMNR stock has slowed.<\/em><\/li>\n
  • BitMine simplified its staking deal, moving to a flat 1.5% fee on rewards.<\/em><\/li>\n<\/ul>\n
    \n

     <\/p>\n","protected":false},"excerpt":{"rendered":"

    What does the pullback say about a treasury bet worth $15.7 billion?<\/p>\n","protected":false},"author":114,"featured_media":631596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,32,66,3,4,20],"tags":[],"class_list":["post-631592","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-ethereum-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nBitMine now holds 5.93M ETH \u2014 What does it mean for BMNR stock? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"BMNR stock slows down despite the growing Ethereum pile, and a staking change might just change things for good.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/bitmine-now-holds-5-93m-eth-what-does-it-mean-for-bmnr-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BitMine now holds 5.93M ETH \u2014 What does it mean for BMNR stock? 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