Closing equity value
$13.77B
Yahoo Finance, Friday close
BitMine shares climb 22% this week; equity still short by $885 million of Ether’s Friday night value
BitMine Immersion Technologies, Inc. closed Friday with shares at $22.83, marking a 5.8% increase and bringing its market capitalization to $13.77 billion. However, a subsequent rally in Ether later shifted the company's valuation outlook.
BMNR · NYSE American
BitMine’s weekend valuation reset
Stock data: August 21, 2026, 16:00 EDT · Ether reference: August 21, 2026, 19:35 EDT
$22.83
+$1.26 · +5.84%
Weekly close change: +21.9%
Disclosed ETH
5.815M
4.8% of reported supply
Friday-night ETH mark
$14.66B
+$885M vs equity
Friday volume
57.7M
1.57× three-month average
Two valuation snapshots
The ETH estimate is gross, preliminary and asynchronous. It is not NAV.
Week ending August 21
Treasury and yield
| ETH staked | 5.067M | 87% |
| 7-day annualized yield | 2.61% | Company figure |
| Projected current staking revenue | $250M | Annualized |
| Shares repurchased since July | 20.8M+ | Share count matters |
Monday checklist
| 1 | Weekend Ether close versus $2,520 reference |
| 2 | Opening gap versus $22.83 stock close |
| 3 | Next weekly ETH and buyback disclosure |
| Risk | Crypto reversal, custody, slashing or dilution |
Sources: BitMine update dated Aug. 17, 2026; Yahoo Finance; Investing.com historical and analyst pages; S&P Global consensus via StockAnalysis. The $14.66B estimate equals 5,815,164 ETH × $2,520.41. It excludes liabilities, taxes, staking restrictions, custody costs and other balance-sheet items.
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