Bitmine Sinks 6%, Strategy Slips: Is the Crypto Treasury Trade Unwinding?

The crypto treasury trade is showing cracks today, and the split between the two flagship equities is wider than the moves in the coins they hold. The Invesco QQQ Trust (NASDAQ:QQQ) is unchanged at $717.

24/7 Wall Street • Sep 4, 2026

Why Bitmine Immersion Technologies Soared 46.5% In August

Bitmine Immersion Technologies is an investor in Ethereum, and the cryptocurrency's price rose last month. The holding company recently took out preferred stock to finance its business plans.

The Motley Fool • Sep 3, 2026

Crypto Treasury Stocks Rally as Bitcoin Fund Jumps 5%: Strategy Surges 14%, Bitmine Climbs 12%

Crypto treasury stocks are outrunning a firmer tape at midday. The iShares Bitcoin Trust ETF (NASDAQ:IBIT) is up 5% to $45.88, while the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 1% to $772.97.

24/7 Wall Street • Sep 3, 2026

Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $380 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Nearly 302 Million WLD Tokens

Eightco treasury composition as of September 2, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, nearly 302 million WLD holdings, and $122M cash and equivalents, totaling approximately $380 million Eightco recently repurchased over 25 million shares of common stock in the last month under its previously announced $125 million share repurchase program Eightco previously participated in World Foundation's $52.5M funding round, led by Pantera with participation from Bain Capital Crypto, Selini Capital, Susquehanna Crypto, and additional investors Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., Sept. 3, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or the "Company") today provided an update on its total holdings, highlighting its position across digital assets and strategic investments in leading private technology companies.

PRNewsWire • Sep 3, 2026

Crypto Stocks Slide as Bitcoin and Ethereum Hold Flat: Circle Internet and Bitmine Fall 4%, Coinbase Drops 3%

Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) sit essentially flat this Tuesday morning, yet the equities tied to them are opening sharply lower.

24/7 Wall Street • Sep 1, 2026

Bitmine Immersion: A Better Way To Play The Crypto Bull Market

Bitmine Immersion Technologies offers asymmetric risk-reward as a digital asset treasury proxy, now trading at ~1.18x–1.20x P/B with downside cushioned by liquid assets. BMNR's MAVAN staking infrastructure generates $367M–$390M+ in annualized pretax income at 87%–97% gross margins, supporting preferred dividends and share buybacks. With dilution largely behind, BMNR nears its 6M ETH accumulation target, positioning for NAV accretion and institutional inflows post-NYSE uplisting and Russell 1000 inclusion.

Seeking Alpha • Sep 1, 2026

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.90 Million Tokens, and Total Crypto and Total Cash Holdings of $15.6 Billion

NORWALK, Conn., Aug. 31, 2026 /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash & marketable securities + "moonshots" holdings totaling $15.6 billion.

PRNewsWire • Aug 31, 2026

Bitmine Rises 4% as ETH Holdings Near 5% of Supply, Circle Internet Group Surges 8%, Coinbase Climbs 5%

Crypto-linked equities are climbing midday Monday even as Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) trade lower over the past 24 hours.

24/7 Wall Street • Aug 31, 2026

Why Is BitMine Immersion Stock Surging on Thursday?

Bitmine Immersion Technologies Inc (NYSE:BMNR) stock is surging on Thursday following updates regarding its Ethereum (CRYPTO: ETH) treasury strategy. The move comes after it disclosed its portfolio and nears its goal of acquiring 5% of the global circulating Ethereum supply.

Benzinga • Aug 27, 2026

BMNR stock: Top 3 reasons why Tom Lee's BitMine is about to soar

BitMine stock continued its strong comeback this week as Ethereum price soared to its highest level in months and as it neared the end of its accumulation. BMNR jumped to $24.15, up by 90% from its lowest level this year.

Invezz • Aug 25, 2026