BMNR stock rises after BitMine says crypto-and-cash holdings hit $14.2 billion
New York, January 5, 2026, 10:39 (EST) — Regular session
- BMNR shares rose about 3% after BitMine flagged a bigger ether stash in a holdings update.
- The company said it holds more than 4.1 million ether tokens and has begun staking a portion of them.
- Investors are focused on an upcoming shareholder vote tied to authorized shares and capital-raising flexibility.
Shares of Bitmine Immersion Technologies rose 3.1% to $32.17 in morning trading on Monday after the company said its crypto and cash holdings totalled $14.2 billion, led by a 4.144 million-token position in ether. PR Newswire
The update matters because Bitmine has been trading as a high-beta proxy for ether, the token that powers the Ethereum…
