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Bitmine surpassed 5 million staked ETH, generating $257M annualized revenue, but ETH treasury firms face unrealized losses as spot price fell 23% in Q2 2026, highlighting staking's risk-reward profil…
Bitmine Immersion bought 7,391 more ETH, now holding 4.8% of supply with 87% staked. Company continues buybacks as BMNR stock fell 69% over 12 months despite steady ETH accumulation strategy.
Bitmine added 7,391 ETH last week, slowing its buying pace as cash reserves fell 78% in a month. Staking now covers 87% of holdings, but progress toward its 5% supply target remains stalled at 96% fo…