Movement Alert｜BitMine Immersion Technologies Inc. Rises 5.12% in Regular Trading, ETH Treasury Holdings Climb to 5.85 Million Tokens

Market Focus

Aug 24

On August 24, BitMine Immersion Technologies Inc. rose 5.12% in regular trading, trading at $24.015/share, with turnover of $441 million.

The rally follows the company's disclosure that it now holds 5,847,611 ETH as of August 23, valued at approximately $14.3 billion based on the then-current ETH price of $2,440. This represents roughly 4.8% of the total ETH supply. The company purchased 32,447 ETH over the past week and stated it has continuously accumulated ETH every week since launching its ETH treasury strategy in June 2025.

BitMine's total crypto assets, cash, and marketable securities stand at approximately $14.9 billion, which also includes 210 BTC and $308 million in cash and securities. Notably, 5,067,309 ETH — roughly 87% of its holdings — are currently staked, generating an estimated annualized staking income of approximately $330 million. The sustained accumulation strategy and significant staking yield appear to be reinforcing investor confidence in the company's crypto-treasury model.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Rises 5.12% in Regular Trading, ETH Treasury Holdings Climb to 5.85 Million Tokens\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-08-24 22:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On August 24, BitMine Immersion Technologies Inc. rose 5.12% in regular trading, trading at $24.015/share, with turnover of $441 million.</p><p>The rally follows the company's disclosure that it now holds 5,847,611 ETH as of August 23, valued at approximately $14.3 billion based on the then-current ETH price of $2,440. This represents roughly 4.8% of the total ETH supply. 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