Ethereum Whale Stock: BMNR Soars as BitMine Immersion Grabs 2% of ETH Supply – Aiming for 5%?
BitMine Immersion Technologies (NYSEAMERICAN: BMNR) surged nearly 12% to $63.22 on Oct. 6, 2025, after disclosing holdings of 2.83 million Ethereum, making it the world’s largest corporate ETH holder. BMNR’s market cap is about $11 billion, with recent daily trading volumes over 60 million shares. The company employs seven people and posted a $6.5 million net loss on $5.4 million in revenue over the past year.