🤯 BitMine Just Bought $2B in Ethereum in 7 Days (BMNR Stock)

August 11th, 2025Ā· 12K viewsĀ· 0:48
Benzinga
Benzinga

BitMine (BMNR) stock is on fire after the company revealed it now holds the largest Ethereum treasury in the world — worth a staggering $4.96 billion. According to Benzinga Pro, BitMine added $2 billion in ETH in just one week, jumping from 833,137 tokens to 1.15 million tokens. This rapid accumulation comes as Ethereum prices broke past $4,000 and hit $4,300 over the weekend, fueled by strong crypto market momentum after President Donald Trump signed an executive order allowing cryptocurrencies in 401(k) retirement plans. Fundstrat’s Tom Lee, now chairman of BitMine’s board, says they’re pursuing the ā€œalchemy of 5%ā€ of Ethereum’s total supply — leading crypto treasury peers in speed and liquidity. With BMNR shares up over 13% today and nearly 25% Friday, could this be the start of an even bigger run? 🌐 Want more market-moving insights? Dive deeper at www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. šŸ“² Let’s stay connected! Follow us for real-time updates, market tips, and exclusive content: šŸ”¹ Instagram: https://www.instagram.com/benzinga šŸ”¹ Facebook: https://www.facebook.com/benzinga šŸ”¹ TikTok: https://www.tiktok.com/@benzinga šŸ”¹ X: https://www.x.com/benzinga āš ļø Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes. #Ethereum #CryptoNews #StockMarket