Overview
- The update lists 2,650,900 ETH plus 192 BTC, $436 million in unencumbered cash, and a $157 million stake in Eightco Holdings.
- Purchases over the last week totaled 234,846 ETH, with recent September settlements routed through desks and custodians including Galaxy Digital, BitGo, and FalconX.
- The stash exceeds 2% of circulating ETH, placing BitMine first among public ETH treasuries and second overall behind Strategy Inc.’s Bitcoin reserve.
- BMNR shares rose about 5–6% intraday to roughly $53–$54 after the disclosure, though the stock remains down over the past week.
- Fundstrat data shows BMNR averages about $2.6 billion in daily trading value, ranking 26th among U.S.-listed equities.