NYSE:BMNP

Bitmine stock slips as ether slide weighs on $10.7B treasury

Bitmine shares plunged 7.3% to $14.02 as ether fell 5.1%, just days after Bitmine revealed a massive $10.7 billion crypto treasury, including 5,672,956 ETH—equal to 4.7% of total ETH supply—while warning in its filing that sustained ETH declines could hurt asset values and capital-raising ability.

24 June 2026

Cryptocurrency·Ethereum·NYSE:BMNP·NYSE:BMNR·Stock Market

Bitmine up as its Ethereum reserves reach 5.62 million ETH with BMNP launch ahead

Bitmine Immersion Technologies (BMNR) jumped 6.21% to $17.11 after revealing its Ethereum treasury reached 5,620,754 ETH—4.66% of total supply—and total investments hit $10.4 billion; the stock’s next catalyst is the NYSE launch of 9.50% Series A preferred shares (BMNP), with investors focused on whether BMNP trading can fund further Ethereum purchases without diluting common stock.

16 June 2026

Cryptocurrency·Ethereum·NYSE:BMNP·NYSE:BMNR·Stock Market

BitMine stock up as Ethereum treasury reaches 5.62M ETH ahead of BMNP debut

BitMine Immersion Technologies shares jumped 6.7% to $17.19 as the company disclosed holding 5.62 million ETH—4.66% of all Ethereum—plus $502 million in cash and marketable securities, ahead of Tuesday’s NYSE debut of its 9.5% Series A preferred stock (BMNP), which is expected to pay weekly dividends.

15 June 2026

Cryptocurrency·Ethereum·NYSE:BMNP·NYSE:BMNR·Stock Market

Chipotle Stock Just Beat a Market Rout. Monday Will Show If Wall Street Means It

BitMine plunged 11.1% to $15.90 after pricing an upsized $273.8 million Series A preferred stock offering at $80 per share, as investors weighed the new fixed dividend layer and sharp ETH declines; the deal settles June 10, with the market set to judge if staking income can offset balance-sheet risks amid falling crypto prices.

7 June 2026

Cryptocurrency·Ethereum·NYSE:BMNP·Stock Market

BitMine touts 9.5% yield on Ether, but Tom Lee’s crypto firm adds conditions

BitMine Immersion Technologies filed to sell 3 million Series A preferred shares with a 9.50% annual dividend, aiming to raise $300 million to buy more ETH and expand staking, as ETH holdings now generate most revenue; BitMine’s common shares rose 5.8%, but the company warned ETH volatility could impact results and dividend payments.

5 June 2026

Cryptocurrency·Ethereum·NYSE:BMNP

BitMine 9.5% Yield Move Brings Ether Treasury Into Focus

BitMine Immersion Technologies shares rose after launching a 9.50% Series A Perpetual Preferred Stock offering, testing investor appetite for high-yield crypto treasury equity as ETH prices fall; the company warned it may lack cash to pay dividends if ether weakens further, risking dilution or asset sales.

4 June 2026

Blockchain·Cryptocurrency·Ethereum·NYSE:BMNP

Transocean falls as oil drop puts offshore drillers under pressure

24 June 2026

Transocean shares plunged 4.5% to $5.04 as oil prices tumbled, raising risks of slower offshore drilling spending despite recent $185 million contract wins and a $7.1 billion backlog; investors remain focused on the $5.8 billion all-stock Valaris merger, now facing U.S. antitrust scrutiny.

Archer drops ahead of Texas decision, FAA testing remains a concern

24 June 2026

Archer Aviation shares dropped 3.8% to $5.05 after three straight declines as investors await Friday’s shareholder vote on moving legal incorporation to Texas, while the company advances its Midnight eVTOL aircraft into Phase 4 FAA certification testing amid ongoing cash burn and projected Q2 adjusted EBITDA loss of $170 million to $200 million.

IREN Limited falls on Bitcoin drop and AI spending worries

24 June 2026

IREN plunged 9.5% to $49.51, underperforming AI and crypto peers, as investors weighed analyst splits on its shift from Bitcoin mining to AI cloud, risks to $4.4 billion revenue targets from chip delivery delays, and a 4.1% drop in Bitcoin, while recent Microsoft and Nvidia deals hinge on meeting strict project timelines.

Costco to open Pensacola warehouse on Nine Mile Road June 25

24 June 2026

Costco shares rose $3.83 to $961.51 as the company prepares to open its first Pensacola warehouse Thursday, entering a local market already served by Sam’s Club and BJ’s Wholesale Club; Costco recently reported 11.6% fiscal Q3 net sales growth and is targeting 30+ net new warehouse openings per year, but warns competition and economic factors could impact results.

Dow climbs but S&P 500 and Nasdaq dip after tech weakens

24 June 2026

Micron’s after-hours earnings, expected to show profit growth over 1,000% and revenue up 285%, became Wall Street’s top focus as tech stocks faded and analysts warned the stock is “priced for perfection,” leaving no room for disappointment, with AI spending and PCE inflation data keeping rate risks in play.

NYSE:BMNP 4 June 2026 - 24 June 2026

Bitmine stock slips as ether slide weighs on $10.7B treasury

Bitmine up as its Ethereum reserves reach 5.62 million ETH with BMNP launch ahead

BitMine stock up as Ethereum treasury reaches 5.62M ETH ahead of BMNP debut

Chipotle Stock Just Beat a Market Rout. Monday Will Show If Wall Street Means It

BitMine touts 9.5% yield on Ether, but Tom Lee’s crypto firm adds conditions

BitMine 9.5% Yield Move Brings Ether Treasury Into Focus

Stock Market Updates

Transocean falls as oil drop puts offshore drillers under pressure

Archer drops ahead of Texas decision, FAA testing remains a concern

IREN Limited falls on Bitcoin drop and AI spending worries

Costco to open Pensacola warehouse on Nine Mile Road June 25

Dow climbs but S&P 500 and Nasdaq dip after tech weakens

Latest Video