Overview
- BitMine executed two acquisitions within 48 hours: 21,537 ETH linked to FalconX followed by a 28,625 ETH market buy worth about $82 million.
- Coverage says the additions reinforce BitMine’s standing as the largest institutional ETH treasury, though third‑party trackers still show differing totals.
- Shares of BMNR rose nearly 5% in premarket trading after the purchases, despite a sharp slide in the past month.
- Recent filings cited in the reports show institutional ownership of BMNR jumping from 10 million to 100 million shares in roughly four weeks.
- The company has outlined its Made in America Validator Network for early 2026 and recently declared a nominal dividend, with investors watching for updated asset disclosures.