Skip to main content
Featured AnalysisPrimary topicEthereum

Bitmine (BMNR) shares jump as it discloses 5.7M ETH holdings, staking surge, Russell 1000 entry

Jun 29, 20261:48 PMNewsroom AI

Bitmine Immersion Technologies’ (BMNR) stock rose 1.80% after the company disclosed that it holds 5.70 million ETH tokens. The disclosed holdings were valued as part of a broader cryptocurrency, cash and marketable securities portfolio totaling $9.8 billion. Multiple reports also say BMNR controls roughly 4.7% of Ethereum’s circulating supply and has 4.88 million ETH staked via MAVAN and partner validators [1].

Additional coverage frames the development as BMNR nearing a 5% ETH target, with more than 85% of its ETH holdings already staked and generating an estimated $211 million in annualized staking revenue. Separate reporting also notes that Bitmine was added to the Russell 1000 index on June 26, 2026, alongside the ETH holdings update [2] [3] [4].

The updates highlight BMNR’s large ETH position—reported at 5.70 million tokens—along with a high share of staked ETH and the company’s Russell 1000 inclusion [1] [2] [4].

Was this useful?

Anonymous signal used only for weekly cluster rankings. No public counters.

Share

Broadcast this coverage

Copy-ready links for the networks your audience checks first.

Support independent reporting

If this summary helped, a small tip helps keep ClusterWire running.

Privacy note: we log tip UI events (page + action, and article slug when applicable) to improve the feature. We don’t store IP address, user-agent, or wallet addresses in analytics. Tips are on-chain, so the sending address is public in the transaction.

Source Ledger

Citations

Follow the primary reporting behind this analysis. Click a citation to open the referenced source in a new tab.

Themes

Themes driving this story

Curated from the cluster of sources powering this article.

EthereumThemeBitcoinThemeDeFiThemeAltcoinsThemeRegulation/PolicyTheme
Live Wire

Latest Coverage

Real-time crypto intelligence ordered by publication time.

6h ago

Tether Plows $20M Into Mercado Bitcoin to Expand Tokenization and Stablecoin Payments

Tether is investing $20 million in Brazil-based cryptocurrency platform Mercado Bitcoin as part of a strategic financing round. The investment is framed as support for Mercado B…

Read more
8h ago

EDX Markets secures $76M Series C from SBI to expand institutional crypto infrastructure

EDX Markets, a crypto infrastructure provider, has raised $76 million in Series C funding led by SBI Holdings, according to reports published on July 7, 2026 [1] [2]. The fundin…

Read more
11h ago

Coinbase Wins UK MiFID Authorization, Opening Door to Equities and Derivatives Trading

Coinbase said it has received UK authorization under MiFID for investment services, a regulatory milestone that expands the firm’s ability to offer regulated financial products …

Read more
15h ago

Trump Says His Crypto Pivot Was Driven by Politics, With China Also Shaping His View

U.S. President Donald Trump said his shift toward crypto was influenced partly by politics, after previously calling Bitcoin “a scam,” according to reporting on his Monday comme…

Read more
15h ago

BonkDAO confirms $20M BONK treasury exploit after attacker buys voting power and triggers transfers

BonkDAO confirmed a treasury exploit that drained about $20 million in BONK via a malicious governance proposal, according to multiple reports on the incident [1] [2] [3]. Repor…

Read more
33h ago

Bitmine adds 42,197 ETH, lifting treasury past $11B and nearing 5% of Ethereum supply

Bitmine Immersion Technologies (BMNR) says it has bought 42,197 Ether, bringing its total crypto and cash holdings to more than $11 billion. The company’s latest update also sta…

Read more