bitmine

BitMine (BMNR) disclosed in its 10-K annual report submitted to the U.S. Securities and Exchange Commission that it expects a net loss of approximately $6.313 billion for the fiscal year ending August 31, 2026, compared to a net profit of $349 million in the previous fiscal year. The loss is primarily due to changes in the fair value of digital assets, with the company recording approximately $6.229 billion in unrealized losses on digital assets throughout the year, mainly due to the decline in the fair value of ETH.BitMine's total revenue for the year was approximately $125 million, with staking and validation services contributing about $121 million, accounting for approximately 97% of total revenue. As of the end of the fiscal year, the company held 5,901,837 ETH and 211 BTC, with an ETH holding cost of approximately $19.948 billion and a fair value at the end of the period of approximately $14.559 billion.Additionally, according to a position update released by BitMine on November 9, as of November 8, the company's ETH holdings have increased to 6,070,092, accounting for approximately 4.97% of the ETH supply, of which 5,227,037 ETH has been staked.

Tom Lee, Chairman of the Ethereum treasury company Bitmine, stated that although the ETH price continues to be disappointing, this more reflects the market's lack of patience. In 2026, the wave of tokenization is steadily advancing and making significant progress, with the vast majority of tokenized assets built on Ethereum. Ethereum founder Vitalik Buterin also reaffirmed ETH's positioning as a store of value.In addition, Tom Lee believes that the cryptocurrency bull market has just begun, and the AI narrative has not absorbed all the new capital. Overall, the outlook for the cryptocurrency market remains bullish for the next 24 to 36 months, and he calls on investors to be prepared.

According to PR Newswire, Bitmine Immersion Technologies (NYSE: BMNR) announced its latest asset situation. As of 2 PM Eastern Time on November 8, the company holds 6,070,092 ETH (valued at $2,234 each), 216 BTC, approximately $180 million in Beast Industries equity, $75 million in Eightco (NASDAQ: ORBS) equity, and $475 million in cash and securities.The total of crypto assets, cash, securities, and "moon landing" investments is approximately $14.3 billion. The company stated that it increased its holdings by 9,587 ETH in the past week; the ETH holdings account for about 4.97% of the current supply of 122.2 million, achieving approximately 99% of its goal to hold 5% of the ETH supply. In terms of staking, a total of 5,227,037 ETH has been staked, which is approximately $11.7 billion at the aforementioned valuation.Chairman Tom Lee stated that based on an annualized staking yield of 2.65% over the past 7 days, the expected annualized staking income under the current staking scale is approximately $309 million, and if fully staked, it would be about $359 million.

According to The Block, Cathie Wood's Ark Invest purchased $2.44 million worth of Coinbase stock on Thursday, while the stock fell 9.69% that day.Ark Invest also sold 109,522 shares of Bullish stock, valued at approximately $2.27 million, and 119,841 shares of Bitmine stock, valued at approximately $2.28 million. Both Bullish and Bitmine saw declines of over 10% that day.

According to Onchain Lens monitoring, BitMine purchased 5,000 ETH from Kraken, worth approximately 11.37 million USD. As of now, BitMine holds about 4.9% of the total ETH supply.

According to PR Newswire, BitMine increased its holdings by 8,573 Ethereum last week. As of November 1, 2026, its total Ethereum holdings reached 6,060,506, accounting for approximately 4.9% of the total Ethereum supply.Currently, the total value of the cryptocurrencies, cash, and other investment assets held by BitMine is approximately $14.5 billion, which includes $498 million in cash and securities, 216 Bitcoin, $180 million in equity assets from Beast Industries, and a $82 million investment in Eightco Holdings (ORBS). In addition, the amount of Ethereum it has staked is 5,227,037 (86% of total holdings), valued at approximately $11.8 billion based on a price of $2,261 per coin, with current annual staking yields of about $358 million.Furthermore, BitMine Chairman Tom Lee stated in the company's weekly report that the market's reaction to the Binance theft incident was relatively mild: on the day of the $1.5 billion theft from Bybit in February 2025, ETH dropped by 8% and accumulated a 20% drop within a week, while the amount stolen from Binance this time was about four times that, yet ETH has only dropped 4% since the incident was disclosed.He believes there are six reasons for this: Binance has the ability to cover all user losses; there was no chain failure of DeFi protocols similar to what happened after the Bybit theft; the industry acted quickly to reduce potential losses by 50%; the FBI identified North Korea as the attacker within two days of the theft, whereas it previously could take up to 180 days; this attack was a penetration of Binance's corporate infrastructure rather than a blockchain vulnerability; and the limited downward price movement indicates that the crypto bull market is still ongoing. Tom Lee believes this shows that the resilience of the crypto industry is strengthening and is better able to withstand nation-state attacks.

According to BBX data, yesterday and in recent days, global publicly listed companies in the U.S. stock market disclosed the latest official accounts regarding digital asset treasury allocation, stock buybacks, and capital operations. The core updates are as follows:Strive (NASDAQ: $ASST) spent over $500 million to purchase 6,182 BTC, bringing total holdings to 43,000: According to SEC documents, Strive purchased 6,182 bitcoins from October 17 to 23 at an average price of approximately $82,732 (including fees and expenses). As of October 23, Strive's total bitcoin holdings officially reached 43,000 BTC. During the same period, the company's cash and cash equivalents surged to $504.4 million (an increase of $186.9 million compared to October 16); the balance sheet also holds 505,000 shares of Strategy STRC preferred stock (with a fair value of approximately $50.18 million). In terms of equity, the number of Class A common shares outstanding increased by approximately 3.266 million shares to about 118.1 million shares, while the outstanding shares of SATS and SATA preferred stock remained at 7 million shares and approximately 14.03 million shares, respectively.BitMine (NASDAQ: $BMNR) increased its holdings by 10,452 ETH last week, having spent nearly $400 million on stock buybacks this year: Nasdaq-listed mining company BitMine disclosed that it increased its holdings by 10,452 Ethereum in the secondary market last week. As of October 25, 2026, its total Ethereum holdings reached 6,051,933 ETH (approximately 4.95% of the total Ethereum supply). Currently, the total value of BitMine's crypto assets and investments is approximately $15 billion (including $514 million in cash and securities, 215 BTC, $180 million in Beast Industries equity, and $76 million in Eightco investments). Among these, 5,227,037 ETH have been staked (accounting for 86% of total holdings), valued at approximately $12.3 billion based on a price of $2,356 per ETH, with current annual staking yields of about $318 million. Additionally, the company repurchased 2.04 million shares of stock last week at an average price of $22.48; since 2026, it has repurchased a total of 22.9 million shares, amounting to approximately $399.6 million.

According to PR Newswire, Bitmine Immersion Technologies (BMNR) announced that its ETH holdings have increased to 6.05 million, accounting for 4.95% of the total ETH supply; the total holdings of crypto assets, cash, and tradable securities have reached $15 billion.Among them, 5.23 million ETH have been staked, and based on the current staking scale, the expected annualized staking income is approximately $318 million. In the past week, Bitmine has increased its holdings by 10,452 ETH, continuing to implement its weekly accumulation strategy.In addition, the company has repurchased 22.9 million shares of common stock in 2026, with a total amount reaching $399.6 million. However, its assets are highly concentrated in ETH, and the overall holding value still faces the risk of cryptocurrency price fluctuations, while staking income also depends on the actual staking scale and yield.

Fundstrat co-founder Tom Lee explained the reasons why BitMine (BMNR) hopes to maintain maximum exposure to Ethereum. He pointed out that Ethereum has previously risen 50 to 200 times during past crypto cycles, and even with a more conservative estimate of 25 times, the ETH price would reach approximately $62,000.If this scenario materializes, BitMine shareholders could potentially gain substantial returns solely from the Ethereum held by the company.

Tom Lee, Chairman of the Ethereum treasury company BitMine, stated in an interview with CNBC on October 23 that the market is in a sell-off state, with technology and semiconductor sectors under significant pressure, while defensive sectors have strengthened, showing clear risk-averse characteristics. Tom Lee mentioned that the current market is overly pessimistic, and his technical analyst Mark Newton believes that technology stocks have basically reached support levels.

According to on-chain analyst Yu Jin's monitoring, the Ethereum treasury company Bitmine deposited 159,728 ETH (390 million USD) into Ethereum staking 6 hours ago, and has currently staked over 5.227 million ETH (1.28 billion USD).In addition, there are 1.33 million ETH queued for Ethereum staking, with a waiting time of over 23 days. The amount of ETH exiting staking is only 149,000, with a waiting time of less than 4 days.

According to PR Newswire, BitMine increased its holdings by 12,535 Ethereum last week. As of October 18, 2026, its total Ethereum holdings reached 6,041,481, accounting for approximately 4.9% of the total Ethereum supply.Currently, the total value of cryptocurrencies, cash, and other investment assets held by BitMine is approximately $15.1 billion, which includes $582 million in cash and securities, 215 Bitcoin, $180 million in equity assets from Beast Industries, and a $74 million investment in Eightco Holdings (ORBS). Additionally, the number of Ethereum staked remains at 5,067,309 (84% of total holdings), valued at approximately $12 billion, with a current annualized staking yield of about $309 million.Tom Lee, Chairman of BitMine, stated in the company's weekly report that in recent weeks, investor risk appetite has contracted due to concerns over AI financing and AI model security issues, the escalation of the US-Iran conflict, anxiety over the US midterm elections, and a general rise in global bond yields. This has led to a sell-off of AI stocks (including semiconductor and memory chip stocks), further resulting in deleveraging in the Korean and Taiwanese markets, which are dominated by semiconductor and memory chip stocks.He pointed out that crypto assets are widely held in the US, South Korea, and Taiwan, and as investors in these regions reduce their risk exposure, it naturally creates spillover pressure on the crypto market. However, historically, when fundamentals remain robust while prices decline, it often presents an attractive risk-reward opportunity. Given that crypto assets benefit from the modernization of global financial infrastructure and AI intelligence, he believes this time is no exception.

Tom Lee, Chairman of the Ethereum treasury company BitMine, stated that the significant decline in the South Korean stock market may be transmitting to the cryptocurrency market.He mentioned the forced liquidation of margins on the brokerage side and pointed out that South Korean investors are an important holding group for crypto assets. He described this impact as short-term pain.

According to PRNewswire, Ethereum treasury company Bitmine Immersion Technologies disclosed an increase of 12,532 ETH last week. Currently, the company's cryptocurrency holdings include 6,028,946 ETH, 214 BTC, equity in Eightco Holdings worth 85 million yuan, and shares in Beast Industries valued at 180 million dollars.Currently, Bitmine has staked 5,067,309 ETH (worth approximately 12.9 billion dollars).

According to BBX data, yesterday global publicly listed companies in the U.S. stock market disclosed the latest developments in digital asset treasury allocation and comprehensive business transformation, with the core information as follows:Genius Group resumes Bitcoin allocation, purchasing 10 BTC: Nasdaq-listed Bitcoin treasury company Genius Group announced in an official statement that the company has officially resumed its Bitcoin purchasing plan. This week, it has purchased 10 Bitcoins in the open market at an average buying price of $85,364. The company explained that previous purchasing activities were restricted by an initial injunction, which was officially lifted by the U.S. Second Circuit Court of Appeals on August 31, clearing legal obstacles for the company to continue advancing its Bitcoin treasury strategy.BitMine invests approximately $33.65 million to increase holdings of 12,500 ETH: Tom Lee's publicly listed mining company BitMine disclosed its latest trading records, stating that the company again increased its holdings of 12,500 Ethereum (ETH) through institutional custodian BitGo on Wednesday. Based on the price at the time of purchase, the total value of this increase is approximately $33.65 million, maintaining its high-frequency net buying rhythm in Ethereum spot.Universal Safety Products plans to rename to "DeFi Capital Markets," fully transitioning to blockchain finance: U.S. publicly listed company Universal Safety Products (NYSE: $UUU) officially announced that it will be renamed to DeFi Capital Markets on October 19 and will trade under the new stock code "DCM." The company stated that it will gradually shut down and divest its existing traditional physical product business, fully shifting its strategic focus to real-world asset tokenization (RWA), digital asset operations, market-making services, quantitative trading, and blockchain financial market infrastructure construction.

Tom Lee, Chairman of the Ethereum vault company Bitmine, stated on Wednesday at TOKEN2049 in Singapore that the company will stop buying once its holdings reach 5% of the circulating supply of ETH, and he emphasized that it should stop now. He mentioned that buying approximately 100,000 more ETH would reach this ratio, which he initially thought would take five years but actually took just over a year, and it was completed during a bear market.Bitmine updated on Monday that it purchased approximately 41 million dollars worth of ETH last week, increasing its holdings to 6,016,414 coins, which accounted for about 4.9% of the then circulating supply of 122.1 million coins. Based on Wednesday's price of about 2,580 dollars, the holdings are valued at approximately 15.5 billion dollars. The company's cash and securities amount to about 643 million dollars, which is more than twice the amount needed to reach the 5% threshold at that time.Since launching its Ethereum vault strategy in June 2025, Bitmine has been buying ETH weekly. At the pace of last week's purchases, it would take about six to seven more weeks to buy approximately 100,000 more coins. CoinDesk cited DropsTab data stating that the unrealized losses on the related holdings are about 4.5 billion dollars. At that time, ETH was approximately 2,571.64 dollars, having dropped about 5% in the past 24 hours, marking the weakest performance since September 20; Bitcoin was around 83,500 dollars, and BMNR closed at about 26.20 dollars.

According to Onchain Lens monitoring, BitMine (0xE0cd...e22) purchased and received 12,500 ETH from BitGo, worth 33.65 million USD.BitMine currently holds 4.9% of the total supply of ETH, close to its "Alchemy of 5%" target.

According to PRNewswire, Tom Lee, Chairman of the Ethereum treasury company Bitmine, stated that as the cryptocurrency market enters what he believes to be a bull market cycle, the performance of Bitmine (BMNR) stock price during the bear market period from 2025 to 2026 is noteworthy compared to Ethereum (ETH).In the first nine months of 2026, the ETH price fell by 10%, while BMNR only dropped by 3%, achieving a relative outperformance of approximately 731 basis points (7.31 percentage points). The stock price performance of BMNR reflects the company's commitment to continuously optimizing shareholder returns, which includes executing the largest corporate treasury stock buyback program in the cryptocurrency industry, repurchasing 21 million shares in 2026 alone.Additionally, Tom Lee pointed out that from the third quarter of 2026 to the present, ETH has outperformed the S&P 500 index by 6832 basis points. Despite macro pressures such as a hawkish stance from the Federal Reserve, rising oil prices, increasing global bond yields, and tightening financial conditions, ETH has still demonstrated strong performance, leading other major macro assets.