# BitMine Immersion Technologies Type: Company Source: Crypto Intelligence Brief — https://getcryptobrief.com/entity/bitmine-immersion-technologies Canonical HTML page: https://getcryptobrief.com/entity/bitmine-immersion-technologies ## Timeline - **2026-07-13**: Crypto Market Slides on Renewed Inflation Fears — Bitcoin dropped 3.3% to $62,049.20, Ethereum fell 2.9% to $1,766.39, and Solana declined 3.4% to $74.87, triggered by U.S.-Iran tensions driving oil prices higher. - **2026-07-13**: Press release issued — Bitmine publicly announced its updated crypto and cash treasury figures. - **2026-07-12**: Holdings snapshot date — Bitmine calculated its portfolio as of 5pm ET on this date, reporting 5.77M ETH and total holdings of $11.3B. - **2026-07-10**: Spot Bitcoin ETF Inflows Turn Positive — The iShares Bitcoin Trust ETF recorded $86.8 million in net inflows, ending an eight-week streak of outflows, while the iShares Ethereum Trust ETF gained $16.2 million. - **2026-07-03T22:20:00-04:00**: End-of-day crypto prices recorded — BTC $61,460.31, ETH $1,708.41, XRP $1.09, SOL $81.33, DOGE $0.07466; open interest at $46.22B, derivatives traders trim long positions. - **2026-07-03**: Weak June U.S. jobs report released — Nonfarm payrolls gain only 57,000 (implied), far below expectations, signaling a sharp slowdown in the labor market and slashing rate-hike odds. - **2026-07-03**: U.S. stock indexes rally to records — The Dow closes at 52,900.07, up 594.83 points (1.14%); S&P 500 posts narrow gain, Nasdaq dips 0.8% on rotation out of high-multiple tech. - **2026-07-03**: Crypto surges as shorts liquidated — Bitcoin briefly breaks $62,000, Ethereum crosses $1,700; $460 million in short liquidations across the crypto market triggers a squeeze. - **2026-07-01**: Robinhood Chain L2 mainnet launch — Robinhood launched its Arbitrum‑based Layer 2, with ETH as native gas; it quickly surpassed $1B in volume and became the top DEX. - **2026-06-26**: BMNR added to Russell 1000 — Bitmine was included in the Russell 1000 Large‑cap Index during its annual reconstitution, expected to bring 18‑20% passive fund ownership. - **2026-03-16**: $11.5B Milestone — Official announcement that ETH holdings have reached 4.596 million tokens with total assets at $11.5B. - **2026-03-14**: Foundation Deal — Bitmine buys 5,000 ETH directly from the Ethereum Foundation in a $10.2M OTC transaction. - **2026-03-03**: 5% Supply Goal — Company acquires 50,928 ETH and announces a long-term goal to hold 5% of all circulating ETH. - **2026-03-02**: Treasury Expansion — BMNR shares jump as Tom Lee reports the latest round of ETH treasury buys. ## Recent coverage (7 stories) ### Bitcoin Holds $64.8K as $465M ETF Outflows Rattle Confidence 2026-07-28 01:09:59 · Sentiment: Neutral · Impact: 5/10 · Sources: 2 Bitcoin and major altcoins stabilized on July 27 ahead of the Fed meeting, but a sudden $465 million exodus from spot Bitcoin ETFs exposes fragile institutional sentiment. Exchange closures at BitMEX and BitMart fuel debate over whether the market is bottoming or still deteriorating. Full story: https://getcryptobrief.com/story/bitcoin-steadies-64k-fomc-465m-outflows ### Bitmine Now Controls 4.8% of ETH Supply With a $11.3B Treasury 2026-07-14 00:39:23 · Sentiment: Bullish · Impact: 8/10 · Sources: 4 Bitmine Immersion Technologies (BMNR) disclosed holding 5.77M ETH—4.8% of the total supply—plus $11.3B in combined assets. Staked ETH via MAVAN accounts for $9B, while the company touts Robinhood Chain’s L2 success as a catalyst for ETH as money. Full story: https://getcryptobrief.com/story/bitmine-eth-4-8-percent-supply-11-3-billion-treasury ### SOL Crashes 3.4% as $80 Breakout Fails — Phantom Glitch Compounds Slide 2026-07-14 00:27:05 · Sentiment: Bearish · Impact: 6/10 · Sources: 3 Solana bore the brunt of today’s macro-driven sell-off, falling 3.4% after failing to clear $80, while Phantom wallet problems added idiosyncratic selling pressure. Meanwhile, Bitmine’s eye-popping 4.8% Ethereum accumulation signals extreme long-term conviction from a major miner. Full story: https://getcryptobrief.com/story/solana-dips-failed-breakout-phantom-issues ### ETH Outpaces BTC with 5.67% Surge as $460M Shorts Get Liquidated 2026-07-03 18:25:39 · Sentiment: Very Bullish · Impact: 7/10 · Sources: 2 Ethereum rallied 5.67% to $1,708, leading a crypto upswing after a dismal U.S. jobs report sapped rate-hike fears. Nearly $460 million in short liquidations fueled the pump, with Bitcoin clearing $62,000 briefly. Yet derivatives traders on Binance trimmed longs, signaling caution. Full story: https://getcryptobrief.com/story/ethereum-leads-crypto-rally-short-squeeze ### Bitmine Immersion (BMNR) Hits 4.66M ETH Holdings in $11B Treasury Milestone 2026-03-23 13:53:23 · Sentiment: Bullish · Impact: 6/10 · Sources: 2 Bitmine Immersion Technologies (BMNR) has announced a massive treasury milestone, reaching 4.661 million Ethereum (ETH) tokens. With total crypto and cash holdings now valued at $11.0 billion, the company has established itself as one of the largest institutional holders of Ethereum in the world. Full story: https://getcryptobrief.com/story/bitmine-immersion-technologies-bmnr-eth-holdings-11-billion ### Bitmine Immersion Technologies Amasses 4.6M ETH in $11.5B Treasury Pivot 2026-03-16 18:39:27 · Sentiment: Bullish · Impact: 6/10 · Sources: 2 Bitmine Immersion Technologies (BMNR) has disclosed a massive treasury position of 4.596 million Ethereum (ETH) tokens, valued at approximately $11.5 billion including cash reserves. This aggressive accumulation strategy, led by advisor Tom Lee, positions the firm as one of the world's largest institutional holders of Ethereum. Full story: https://getcryptobrief.com/story/bitmine-immersion-technologies-eth-treasury-strategy ### Tom Lee Signals End to AI and Crypto Rout as BitMine Aggressively Buys Dip 2026-02-26 16:10:13 · Sentiment: Bullish · Impact: 6/10 · Sources: 2 Fundstrat's Tom Lee argues that the recent correction in AI and digital assets is reaching exhaustion, citing extreme bearish sentiment and institutional accumulation. His firm, BitMine, has notably increased its Ethereum holdings by over 50,000 ETH as markets stabilize near key support levels. Full story: https://getcryptobrief.com/story/tom-lee-ai-crypto-selloff-bottom --- This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getcryptobrief.com/guides/methodology for the full editorial methodology.