BMNR Stock Price Surges 5% as Bitmine Adds Another 27,562 Ethereum

Approfondimenti Chiave

• BMNR stock price is back in focus as Bitmine adds 27,562 ETH this week.
• Bitmine now holds 5.98 million ETH, equal to 4.9% of supply.
• Ethereum news shows 5.07 million ETH staked, generating a 2.62% yield.

BMNR stock price surged today as Bitmine added another 27,562 ETH, pushing its Ethereum treasury closer to six million tokens. As of September 20, the company held 5,983,940 ETH, representing about 4.9% of Ethereum’s 122.1 million supply.

The latest purchase puts Bitmine at roughly 98% of its stated 5% accumulation target, bringing renewed attention to the BMNR stock price and the company’s expanding Ethereum exposure.

Beyond its Ethereum position, Bitmine ha riportato total crypto, cash, marketable securities, and other investments worth approximately $17.1 billion. Its balance sheet also included 212 Bitcoin and $714 million in cash and marketable securities.

BMNR Stock Price Jumps 5.9%

Following the Ethereum news, BMNR stock price jumped about 5.91% on the day, adding roughly $1.53 from the previous close of $25.96.

The intraday chart shows Bitmine shares holding mostly between $27.25 and $27.65, with buyers maintaining the stock well above the prior closing level. The move places BMNR close to the upper end of its morning range.

BMNR briefly approached $27.65 before easing back toward $27.50. Holding above the $27.25 area would preserve the current short-term structure, while a move above $27.60–$27.65 could place $28 in focus.

Chairman Tom Lee said Bitmine has purchased Ethereum every week since launching its ETH treasury strategy on June 30, 2025. The company added 27,562 ETH during the latest seven-day period alone.

Lee also said Ethereum has outperformed other macro assets during the third quarter. According to Bitmine, ETH has outperformed by 6,519 basis points quarter-to-date.

However, Lee’s expectation for stronger fourth-quarter crypto performance represents management’s outlook rather than a guaranteed market outcome. He expects institutional investors to increase crypto exposure during the final three months of 2026.

Bitmine (BMNR) Stock Exposure Expands Through ETH Staking

Alongside its accumulation strategy, Bitmine has placed most of its Ethereum holdings into staking. Total staked ETH reached 5,067,309 tokens as of September 20.

At $2,688 per ETH, the staked position carries a value of roughly $13.6 billion. That amount represents about 85% of Bitmine’s total Ethereum holdings.

Bitmine said its staking operations generated a 2.62% annualized seven-day yield. Based on current staked holdings, the company projects annualized staking revenue near $357 million.

Meanwhile, Bitmine estimates annual staking rewards could reach $421 million once its entire ETH position becomes staked. That projection uses the same 2.62% yield assumption.

Earlier in 2026, Bitmine launched its Made in America Validator Network, or MAVAN. The platform initially supported the company’s Ethereum treasury before expanding to institutional investors and custodians.

A portion of Bitmine’s ETH already operates through MAVAN. The company also works with additional staking partners for its broader Ethereum position.

Bitmine Nears Its 5% Ethereum Acquisition Target

The latest Ethereum news places Bitmine just below its long-term 5% supply target. Its 5.98 million ETH position equals approximately 4.9% of the current Ethereum supply.

Bitmine also ranks as the largest Ethereum treasury company, according to its own release. The company places itself second among global corporate crypto treasuries, behind Strategy’s Bitcoin holdings.

Trading activity around BMNR has also stayed elevated. Fundstrat data cited by Bitmine showed average daily dollar trading volume near $1.2 billion over five sessions through September 18.

That volume placed Bitmine at No. 100 among 5,704 U.S.-listed stocks, according to the company’s cited data. It ranked behind Eaton and ahead of Ciena.

Separately, Lee is scheduled to deliver a keynote at Korea Blockchain Week 2026 on September 30 in Seoul. Bitmine also continues to connect its Ethereum strategy with tokenization and regulatory developments.

Management has specifically pointed to the GENIUS Act and the SEC’s Project Crypto when discussing its long-term digital asset strategy.

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