BMNR BITMINE IMMERSION TECHNOLOGIES, INC.

NEUTRAL Impact: 4/10 8-K
Horizon weeks Filed May 26, 2026 Processed 7d 20h ago SEC 0001493152-26-025174
8-K context-dependent: Items 7.01
Latest settled — T+5d
BMNR ▼ -6.41% at T+5d
NEUTRAL call ✗ call lost -6.41% · α vs SPY -7.62% · entry $19.20 → $17.97
Next anchor: T+20d in 11d
Currently $16.11 · -16.09% from $19.20 entry
Entry anchored
May 26, 08:44 AM ET
via Databento tick
T+1d
-1.98%
call -1.98% · α -1.99%
$18.82
settled 17d ago
T+5d
-6.41%
call -6.41% · α -7.62%
$17.97
settled 11d ago
T+20d
call — · α —
in 11d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Bitmine Immersion Technologies disclosed updated crypto and cash holdings totaling $12.3 billion as of May 25, 2026, including 5.39 million ETH (4.47% of total ETH supply), $444 million cash, and stakes in Eightco and Beast Industries. The company also highlighted its MAVAN staking platform and projected annual staking revenues of $276 million. No financial results or guidance were provided.

Actionable Insight

This is a routine operational update with no earnings or guidance. Monitor for the next quarterly filing (10-Q) to assess whether the aggressive ETH accumulation strategy is funded by equity dilution or operating cash flow. The $572M daily trading volume suggests high retail interest, but the stock's historical T+20 performance has been negative on average.

Key Facts

  • Total crypto + cash + 'moonshots' holdings of $12.3 billion as of May 25, 2026
  • ETH holdings of 5,390,404 tokens, representing 4.47% of total ETH supply of 120.7 million
  • Total cash of $444 million
  • 4,712,917 staked ETH ($10.1 billion at $2,134/ETH), generating projected annual staking revenue of $276 million
  • Acquired 111,942 ETH over the past week
  • Owns $95 million stake in Eightco (NASDAQ: ORBS) and $200 million stake in Beast Industries
  • Stock trades $572 million per day (5-day avg), ranked #193 most traded in US
  • Uplisted to NYSE from NYSE American effective April 9, 2026

Financial Impact

Total holdings of $12.3 billion; projected annual staking revenue of $276 million

crypto holdingscashstaking revenue

Risk Factors

  • ETH price volatility directly impacts NAV and staking revenue projections
  • Aggressive ETH accumulation may require future equity or debt financing
  • No financial statements or revenue/earnings data provided in this filing

Market Snapshot

Exchange
NYSE
Sector
Finance Services
Analyst Consensus
88% bullish (8 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001493152-26-025174
Exhibit: ex99-1.htm0001493152-26-025174
Document: 0001493152-26-025174-index-headers.html0001493152-26-025174
Document: 0001493152-26-025174-index.html0001493152-26-025174
Document: 0001493152-26-025174.txt0001493152-26-025174
19 reports for BMNR
Performance horizon
80% Hit rate 4 of 5 directional calls best @ T+20▲ +10.63%Apr 6, 2026
Filters
Rows
Reports for BMNR — sortable, filterable
Type Now
Jun 12, 2026
today
8-K
NEUTRAL ★ 3/10
$16.09 awaiting T+1awaiting T+1$16.11 (+0.12%)
Jun 11, 2026
1d ago
Institutional Cluster
NEUTRAL ★ 3/10
$15.50 awaiting T+1awaiting T+1$16.11 (+3.94%)
Jun 11, 2026
2d ago
Institutional Cluster
NEUTRAL ★ 4/10
$15.50 awaiting T+1awaiting T+1$16.11 (+3.94%)
Jun 10, 2026
2d ago
8-K
NEUTRAL ★ 5/10
$15.64 awaiting T+1awaiting T+1$16.11 (+3.04%)
Jun 8, 2026
4d ago
8-K
NEUTRAL ★ 4/10
$16.65 awaiting T+1awaiting T+1$16.11 (−3.24%)
Jun 5, 2026
7d ago
424B5
NEUTRAL ★ 4/10
$16.04 awaiting T+1awaiting T+1$16.11 (+0.44%)
Jun 3, 2026
9d ago
424B5
NEUTRAL ★ 4/10
$17.89 $15.90▼ −11.12%▼ −8.55%$16.11 (−9.95%)
Jun 2, 2026
10d ago
8-K
NEUTRAL ★ 2/10
$16.90 $17.89▲ +5.86%▲ +5.45%$16.11 (−4.67%)
Jun 1, 2026
11d ago
8-K
NEUTRAL ★ 4/10
$18.85 $17.97▼ −4.67%▼ −4.81%$16.11 (−14.54%)
May 26, 2026
17d ago
8-K
NEUTRAL ★ 4/10
$19.20 $18.82▼ −1.98%▼ −1.99%$16.11 (−16.09%)
Showing 10 of 19

US Market Status

Market Closed — Opens Mon (50h 49m)

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