BMNR

As bitcoin, ethereum and other cryptocurrencies see major legal, institutional, and technological developments, the financial landscape continues to adapt. Stay up on the crypto news that matters with the “Crypto Currents” weekly from The Fly. Also, join us for your essential daily recap, every day at 2 PM ET on FlyCast radio. Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential CRYPTO EARNINGS: On Thursday, Strategy (MSTR) reported a fourth quarter loss per share of ($42.93) on revenue of $123M, which compared to a loss per share of ($3.03) for the same period last year and analyst revenue consensus of $118.5M. As of December 31, the company had cash and cash equivalents of $2.3B, as compared to $38.1M as of December 31, 2024. “We raised $25.3B of capital in 2025 to advance our Bitcoin treasury strategy, making us the largest equity issuer among U.S. public companies for a second consecutive year. We increased our holdings to 713,502 bitcoins, including 41,002 bitcoins acquired in January 2026 alone. STRC, our flagship Digital Credit instrument, has grown to $3.4B in size, supported by increasing liquidity and declining volatility. Our variable dividend rate mechanism for STRC, currently set at 11.25%, has helped maintain STRC price stability near the $100 stated amount despite a weaker bitcoin price environment. In 2026, we remain focused on expanding STRC to generate amplification and drive growth in Bitcoin Per Share for MSTR common stock investors,” said Phong Le, CEO Additionally on Monday, Strategy announced an update on its bitcoin holdings. The company reported acquiring 855 bitcoin for approximately $75.3B at an average purchase price of $87,974 between January 26 and February 1. As of February 1, Strategy holds 713,502 bitcoin acquired for an aggregate purchase price of approximately $54.26B. Following earnings, BTIG lowered the firm’s price target on Strategy to $250 from $630 and kept a Buy rating on the shares. The company’s Q4 earnings call was overshadowed by bitcoin prices that traded off 8% in the hours leading up to the call, the analyst said. BTIG reminds investors that Strategy’s convertible debt is “extremely over-collateralized” and is covered even if bitcoin prices drew down 80%. Further, the company h...

BitMine Immersion Technologies recently gained stockholder approval to increase its authorized common shares from 500,000,000 to 50,000,000,000 and confirmed a US$200,000,000 commitment to Beast Industries, while also reporting a very large first‑quarter net loss of US$5,204,100,000 on revenue of US$2,290,000. Together with its multi-million ETH holdings and build-out of the MAVAN staking platform, these moves show BitMine leaning further into an Ethereum-centric treasury and creator-economy partnership model. We’ll now look at how the massive authorized share increase shapes BitMine’s investment narrative and its Ethereum-focused capital deployment. Explore 23 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. For BitMine Immersion, you really have to believe in a high‑beta, Ethereum‑centric story rather than a traditional software or mining business. The core near term catalysts are its giant ETH treasury, the ramp‑up of MAVAN staking, and how effectively management deploys its US$14.5 billion mix of crypto, cash and “moonshot” assets. The newly authorized 50 billion share capacity and the US$200 million Beast Industries commitment amplify that story but also sharpen the trade off: more flexibility to pursue creator‑economy deals and further ETH accumulation, against a backdrop of a very large quarterly net loss and a history of substantial dilution. Recent price volatility suggests the market is still trying to weigh that optionality against governance, dilution and execution risk under a very new leadership team. However, the sheer scale of potential dilution is something investors should not ignore. Bitmine Immersion Technologies' share price has been on the slide but might be dropping deeper into value territory. Find out whether it's a bargain at this price. The Simply Wall St Community’s 25 fair value estimates for BitMine span from well under US$1 to US$130, reflecting sharply different expectations. Set that against a business with very large reported losses, fresh authorization for billions of new shares, and a bold Ethereum and creator‑economy tilt, and it is clear you are looking at a wide spread of views on how this could play out. Explore 25 other fair value estimates on Bitmine Immersion Technologies -...

US stocks ended Friday's session higher as tech stocks led the way and helped the major indexes cap the first full week of trading in 2026 with gains across the board. Friday's rally earned record closes for the Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC), and for the week, the Dow led the major indexes with a gain north of 2%. The tech-heavy Nasdaq Composite (^IXIC) rose just less than 2% for the week, and the S&P 500 rose about 1.6%. Oil prices also climbed through the week as the market digested the US military's capture of Venezuelan president Nicolás Maduro last weekend and a large-scale seizure of the South American country's oil industry by the Trump administration. Futures on international benchmark Brent crude oil (BZ=F) picked up more than 3.7% throughout the week, while futures on the US benchmark West Texas Intermediate (CL=F) gained roughly 2.6%. Looking forward, data on consumer prices out Tuesday, along with producer prices and retail sales on Wednesday, will headline the economic calendar as traders watch for any signal of what the Federal Reserve may do at its meeting at the end of this month. Traders on Friday were pricing in 95% odds that the Fed will keep rates unchanged. Read more: How a Fed rate cut affects your bank accounts, loans, credit cards, and investments Earnings season will also get underway as the country's largest banks lead the pack. JPMorgan Chase (JPM) and BNY Mellon (BK) will report results on Tuesday, while Bank of America (BAC), Wells Fargo (WFC), and Citigroup (C) will report on Wednesday. Other big names set to report in the week ahead include investment banking power Goldman Sachs (GS) and Morgan Stanley (MS), as well as key chip manufacturer Taiwan Semiconductor (TSM) on Thursday. Friday's December jobs report offered investors the final piece of major labor market data for 2025. And when the results were in, what we found was the worst year for US job growth outside of a recession since 2003. Some 584,000 new jobs were added to the US economy last year, down from just over 2 million 2024, and the first time job gains were less than 1 million a year — with the exception of 2008, 2009, and 2020 — since 124,000 jobs were created in 2003. As the market's reaction to Friday's jobs report suggests, however, there were fears that things would look even worse. "Labor market conditions are cooling but hardl...

BitMine Immersion Technologies, the largest corporate holder of Ethereum, reported $328 million in full-year income on Friday while declaring its first dividend, but its share price fell amid concerns about digital asset treasury strategies and ETH's recent price drop. The company that owns $9.6 billion worth of Ethereum plans to pay common stockholders a dividend of one cent per share next month, according to an SEC filing. BitMine said the move "reflects the company’s commitment to create shareholder value.” BitMine shares recently changed hands around $24.65, a 5.3% decrease on the day, according to Yahoo Finance. The company’s stock price has plunged 52% over the past month, as many crypto treasury firms have been battered by swooning crypto prices. “History shows crypto prices stage V-shaped recoveries after a lingering and drawn out decline, and we expect this to again be the case in this current drawdown,” BitMine Chairman and Fundstrat co-founder Tom Lee said in a statement. Lee linked the current route to a drop in market liquidity on Oct. 10 last month, when $19 billion worth of leveraged positions were liquidated in the crypto market. Lee noted that the fallout represented the largest liquidation event in the crypto market’s history. Unlike Bitcoin, Ethereum can be natively staked, allowing firms like Bitmine to grow their holdings by validating transactions and earning rewards. But the company hasn’t staked any of its Ethereum holdings in a material way yet. BitMine is building a “Made in America" validator network, which plans to go live in the first quarter of next year. Along those lines, the company said it’s selected three pilot partners “to conduct a live test of their staking capabilities using a small portion of our ETH.” BitMine’s stock price has underperformed Ethereum as the digital asset’s price has fallen 28% over the past month to a four-month low of $2,700, according to crypto data provider CoinGecko. When BitMine first purchased Ethereum, it was valued around $3,600 in July. Coinbase Acquires Solana Meme Coin Social Trading App Vector BitMine currently owns 192 Bitcoin, as well as 3.55 million Ethereum, the latter of which was purchased at an average cost of around $3,120, according to a previous press release. It also owns a stake in the crypto treasury firm, Worldcoin, alongside $607 million in unencumbered cash. Although crypto...

Bitmine Immersion Technologies (BMNR) reported fiscal 2025 full- year earnings Friday of $13.39 per

BMNR stock is up 4.3% today, even as it remains down more than 21% over the past five days, mostly following Ethereum’s 12% slide this week. With Q4 earnings set for November 21, early strength in the BMNR price has raised the question of whether the stock is positioning itself ahead of the market, again. The last time this happened, BMNR moved much earlier than Ethereum. With bottoming signs flashing across crypto, traders are watching to see if history is lining up once more. Between June 26 and July 3, Ethereum moved only 10%. In that same period, BitMine (BMNR) surged 3,993% from $3.91 to $160.10. It is worth noting that the Q3 results came out on July 2. Only after BMNR’s explosion did Ethereum begin its real run, rallying more than 100% from early July to late August. BMNR had clearly priced in the move earlier, showing a pattern of reacting to expectations rather than the move itself. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Now, with several bottoming signals forming across Bitcoin and Ethereum, traders are asking whether BMNR is again sensing a shift under the surface. The stock is stabilizing right before earnings — the same timing as its July behavior — while the broader crypto market is trying to form a base. This brings us to what BMNR’s own indicators are signaling. RSI (Relative Strength Index) measures price momentum. Between June 27 and November 17, BMNR made a higher low, while RSI made a lower low. That is hidden bullish divergence, which appears in assets that remain in long-term uptrends even during strong pullbacks. RSI has also bounced from oversold conditions, giving BMNR a steadier base ahead of the earnings call. https://twitter.com/funofinvesting/status/1990822186639372792?s=46&t=H-MrTuNvkcokgvCx6TS0Dg But the real confirmation still rests with On-Balance Volume (OBV). OBV adds volume on up days and subtracts volume on down days to show who controls the market. Here is what matters now: OBV remains below a descending trend line, which has capped every attempt at recovery. OBV is now curling upward as the result date approaches. A break above this OBV trend line is the technical trigger that usually leads to large moves in BMNR. There is also a long-term OBV divergence on the chart. From September 5 to November 17, the BMNR price made a lower low, but the OBV made a higher...