Bitmine Immersion Shares Rise as Crypto Holdings Reach $14.9 Billion

MT newswire2026/08/24 19:53

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03:53 PM EDT, 08/24/2026 (MT Newswires) -- Bitmine Immersion Technologies (BMNR) shares rose 5.7% in Monday trading after the company said its cryptocurrency holdings reached $14.9 billion, including 4.8% of the total ether supply. Bitmine acquired 32,447 ether in the past week, bringing its total to 5.85 million tokens valued at $2,440 each, the company reported Monday in a statement. The company also holds 210 bitcoin, a $180 million stake in Beast Industries, an $89 million stake in Eightco Holdings (ORBS), and $308 million in total cash and marketable securities, the company said. Price: 24.14, Change: +1.31, Percent Change: +5.72

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According to reports, the trading firm JonesTrading is marketing up to $500 million worth of stock shares on behalf of some investors, at a 3% to 5% premium over the IPO issue price. This indicates that investors are already transferring their anticipated IPO allotted shares before the IPO is officially issued.

华尔街见闻•2026/11/10 23:03

Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.

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华尔街见闻•2026/11/10 23:01