# BitMine Immersion Technologies

Type: Company

Source: GetYourBrief — https://getyourbrief.com/entity/bitmine-immersion-technologies
Canonical HTML page: https://getyourbrief.com/entity/bitmine-immersion-technologies

## Timeline

- **2026-07-31**: Market Recovery as Stocks and Crypto Rebound — Bitcoin reclaimed $65,000 and the Nasdaq surged 2.8% after Microsoft's strong earnings, erasing the prior day's losses. Nearly $200 million in crypto shorts were liquidated.
- **2026-07-30**: Federal Reserve Decision Triggers Crypto Sell-off — The Federal Reserve's policy announcement sparked a sharp sell-off in cryptocurrencies and equities, with Bitcoin dipping toward $60,000.
- **2026-07-28**: Federal Reserve Policy Meeting Begins — The Federal Open Market Committee commences a two-day meeting; markets overwhelmingly expect no change to the federal funds rate.
- **2026-07-27**: Crypto Markets Steady Before Fed — Bitcoin reaches $64,849.77 (+0.3%), Ethereum $1,944.54 (+1.6%), Solana $75.84 (+0.7%) as falling oil prices and easing Iran tensions improve risk appetite.
- **2026-07-23**: Spot Bitcoin ETF Outflows Intensify — Over $465 million in net outflows from U.S. spot Bitcoin ETFs on Thursday and Friday, reversing a multi-week trend of positive inflows.
- **2026-07-13**: Crypto Market Slides on Renewed Inflation Fears — Bitcoin dropped 3.3% to $62,049.20, Ethereum fell 2.9% to $1,766.39, and Solana declined 3.4% to $74.87, triggered by U.S.-Iran tensions driving oil prices higher.
- **2026-07-13**: Press release issued — Bitmine publicly announced its updated crypto and cash treasury figures.
- **2026-07-12**: Holdings snapshot date — Bitmine calculated its portfolio as of 5pm ET on this date, reporting 5.77M ETH and total holdings of $11.3B.
- **2026-07-10**: Spot Bitcoin ETF Inflows Turn Positive — The iShares Bitcoin Trust ETF recorded $86.8 million in net inflows, ending an eight-week streak of outflows, while the iShares Ethereum Trust ETF gained $16.2 million.
- **2026-07-03T22:20:00-04:00**: End-of-day crypto prices recorded — BTC $61,460.31, ETH $1,708.41, XRP $1.09, SOL $81.33, DOGE $0.07466; open interest at $46.22B, derivatives traders trim long positions.
- **2026-07-03**: Weak June U.S. jobs report released — Nonfarm payrolls gain only 57,000 (implied), far below expectations, signaling a sharp slowdown in the labor market and slashing rate-hike odds.
- **2026-07-03**: U.S. stock indexes rally to records — The Dow closes at 52,900.07, up 594.83 points (1.14%); S&P 500 posts narrow gain, Nasdaq dips 0.8% on rotation out of high-multiple tech.
- **2026-07-03**: Crypto surges as shorts liquidated — Bitcoin briefly breaks $62,000, Ethereum crosses $1,700; $460 million in short liquidations across the crypto market triggers a squeeze.
- **2026-07-01**: Robinhood Chain L2 mainnet launch — Robinhood launched its Arbitrum‑based Layer 2, with ETH as native gas; it quickly surpassed $1B in volume and became the top DEX.
- **2026-06-26**: BMNR added to Russell 1000 — Bitmine was included in the Russell 1000 Large‑cap Index during its annual reconstitution, expected to bring 18‑20% passive fund ownership.

## Recent coverage (16 stories, network-wide)

### Stocks Soar, Crypto Diverges as Iran Deal Lifts Risk Assets; MSTR Jumps 2.94%
2026-08-05 04:09:33 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Wall Street surged to record highs on Iran peace hopes, with the Dow up 907 points, while crypto markets saw a bifurcation: Bitcoin and Ethereum edged higher but XRP and Dogecoin fell. Over $200 million in short liquidations underscored a squeeze, as Strategy Inc. gained 2.94%.
Full story: https://getfinancebrief.com/story/finance-crypto-stocks-iran-deal-mstr-bitcoin-64k

### BTC Holds $64K as $200M in Shorts Liquidated; Fear & Greed Exits 'Extreme' Zone
2026-08-05 04:09:22 · Sector: crypto · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Bitcoin and Ethereum posted modest gains on Tuesday as short-sellers capitulated, with over $200 million liquidated. The Crypto Fear & Greed Index ticked up from Extreme Fear to Fear, while XRP and Dogecoin lagged as traders rotated to safety within the digital asset space.
Full story: https://getcryptobrief.com/story/crypto-bitcoin-ethereum-short-squeeze-iran-deal-fear-greed

### Crypto Recovery Sees $200M Liquidated as Bitcoin Reclaims $65K, Stocks Rally
2026-07-31 04:12:47 · Sector: finance · Sentiment: Positive · Impact: 6/10 · Sources: 3

Cryptocurrencies and equities staged a coordinated recovery Thursday, with Bitcoin bouncing back above $65,000, while the Nasdaq soared 2.8% on Microsoft's earnings. Nearly $200 million in leveraged crypto shorts were liquidated, highlighting the risks of betting against the market.
Full story: https://getfinancebrief.com/story/crypto-recovery-btc-65k-stocks-rally

### Bitcoin Spikes 2.16% to $65K, Analyst Says 'Don't Fear' $60K Dip
2026-07-31 04:12:31 · Sector: crypto · Sentiment: Positive · Impact: 6/10 · Sources: 3

Bitcoin rallied 2.16% to $65,112, leading a broad crypto recovery as an analyst dismissed fears of a drop to $60,000. Ethereum, XRP, and Solana also gained, but the Crypto Fear & Greed Index remained stuck in Extreme Fear, and nearly $200 million in shorts were liquidated.
Full story: https://getcryptobrief.com/story/btc-recovery-extreme-fear-analyst-dont-fear

### $465M Bitcoin ETF Outflows Test Bull Case Before Fed
2026-07-28 01:10:10 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Institutional conviction in Bitcoin is being tested as spot ETFs hemorrhage $465 million just days before a pivotal FOMC meeting. Falling oil prices and U.S.-Iran de-escalation offer macro tailwinds, but the fragility of ETF flows raises questions about the asset's safe-haven narrative.
Full story: https://getfinancebrief.com/story/bitcoin-etf-outflows-fomc-465m

### Bitcoin Holds $64.8K as $465M ETF Outflows Rattle Confidence
2026-07-28 01:09:59 · Sector: crypto · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Bitcoin and major altcoins stabilized on July 27 ahead of the Fed meeting, but a sudden $465 million exodus from spot Bitcoin ETFs exposes fragile institutional sentiment. Exchange closures at BitMEX and BitMart fuel debate over whether the market is bottoming or still deteriorating.
Full story: https://getcryptobrief.com/story/bitcoin-steadies-64k-fomc-465m-outflows

### Bitmine Now Controls 4.8% of ETH Supply With a $11.3B Treasury
2026-07-14 00:39:23 · Sector: crypto · Sentiment: Positive · Impact: 8/10 · Sources: 4

Bitmine Immersion Technologies (BMNR) disclosed holding 5.77M ETH—4.8% of the total supply—plus $11.3B in combined assets. Staked ETH via MAVAN accounts for $9B, while the company touts Robinhood Chain’s L2 success as a catalyst for ETH as money.
Full story: https://getcryptobrief.com/story/bitmine-eth-4-8-percent-supply-11-3-billion-treasury

### Bitmine's $11.3B Crypto Treasury: 4.8% of All ETH and Russell 1000 Boost
2026-07-14 00:37:11 · Sector: finance · Sentiment: Positive · Impact: 8/10 · Sources: 4

Bitmine Immersion Technologies reveals a $11.3 billion crypto-heavy balance sheet, holding 5.77 million ETH. With 85% of its ETH staked and recent Russell 1000 inclusion, the company's strategic accumulation may significantly boost demand from passive funds and redefine its market valuation.
Full story: https://getfinancebrief.com/story/bitmine-11-3b-eth-holdings-russell-1000

### SOL Crashes 3.4% as $80 Breakout Fails — Phantom Glitch Compounds Slide
2026-07-14 00:27:05 · Sector: crypto · Sentiment: Negative · Impact: 6/10 · Sources: 3

Solana bore the brunt of today’s macro-driven sell-off, falling 3.4% after failing to clear $80, while Phantom wallet problems added idiosyncratic selling pressure. Meanwhile, Bitmine’s eye-popping 4.8% Ethereum accumulation signals extreme long-term conviction from a major miner.
Full story: https://getcryptobrief.com/story/solana-dips-failed-breakout-phantom-issues

### Weak Jobs Data Fuels 2.19% Bitcoin Spike as Dow Hits Record 52,900
2026-07-03 18:25:56 · Sector: finance · Sentiment: Strongly positive · Impact: 7/10 · Sources: 2

Softer-than-expected June payrolls of likely 57,000 tanked rate-hike odds, igniting a broad risk rally. Bitcoin jumped 2.19% to $61,460 while the Dow soared 594 points to a record close of 52,900, signaling a macro-driven rotation into rate-sensitive assets.
Full story: https://getfinancebrief.com/story/weak-jobs-data-bitcoin-rally-dow-record

### ETH Outpaces BTC with 5.67% Surge as $460M Shorts Get Liquidated
2026-07-03 18:25:39 · Sector: crypto · Sentiment: Strongly positive · Impact: 7/10 · Sources: 2

Ethereum rallied 5.67% to $1,708, leading a crypto upswing after a dismal U.S. jobs report sapped rate-hike fears. Nearly $460 million in short liquidations fueled the pump, with Bitcoin clearing $62,000 briefly. Yet derivatives traders on Binance trimmed longs, signaling caution.
Full story: https://getcryptobrief.com/story/ethereum-leads-crypto-rally-short-squeeze

### Bitmine Immersion (BMNR) Hits 4.66M ETH Holdings in $11B Treasury Milestone
2026-03-23 13:53:23 · Sector: crypto · Sentiment: Positive · Impact: 6/10 · Sources: 2

Bitmine Immersion Technologies (BMNR) has announced a massive treasury milestone, reaching 4.661 million Ethereum (ETH) tokens. With total crypto and cash holdings now valued at $11.0 billion, the company has established itself as one of the largest institutional holders of Ethereum in the world.
Full story: https://getcryptobrief.com/story/bitmine-immersion-technologies-bmnr-eth-holdings-11-billion

### Bitmine Surges 11% as Tom Lee’s Massive Ethereum Bet Gains Momentum
2026-03-17 01:10:35 · Sector: finance · Sentiment: Positive · Impact: 6/10 · Sources: 2

Bitmine Immersion Technologies shares jumped 11% following the disclosure of its massive 4.6 million ETH treasury, a move heavily endorsed by Fundstrat’s Tom Lee. The surge highlights a growing institutional shift toward Ethereum as a primary reserve asset, with the token recently outperforming Bitcoin in daily gains.
Full story: https://getfinancebrief.com/story/bitmine-stock-surge-tom-lee-ethereum-bet

### Bitmine Immersion Technologies Amasses 4.6M ETH in $11.5B Treasury Pivot
2026-03-16 18:39:27 · Sector: crypto · Sentiment: Positive · Impact: 6/10 · Sources: 2

Bitmine Immersion Technologies (BMNR) has disclosed a massive treasury position of 4.596 million Ethereum (ETH) tokens, valued at approximately $11.5 billion including cash reserves. This aggressive accumulation strategy, led by advisor Tom Lee, positions the firm as one of the world's largest institutional holders of Ethereum.
Full story: https://getcryptobrief.com/story/bitmine-immersion-technologies-eth-treasury-strategy

### Bitmine Immersion Technologies Amasses $11.5B Treasury in Massive ETH Pivot
2026-03-16 18:35:05 · Sector: finance · Sentiment: Positive · Impact: 6/10 · Sources: 2

Bitmine Immersion Technologies (BMNR) has officially reported holdings of 4.596 million Ethereum tokens, bringing its total treasury value to $11.5 billion. This aggressive accumulation strategy positions the company as a primary institutional proxy for Ethereum, mirroring the Bitcoin-centric treasury model.
Full story: https://getfinancebrief.com/story/bitmine-immersion-bmnr-11-billion-ethereum-treasury

### Tom Lee Signals End to AI and Crypto Rout as BitMine Aggressively Buys Dip
2026-02-26 16:10:13 · Sector: crypto · Sentiment: Positive · Impact: 6/10 · Sources: 2

Fundstrat's Tom Lee argues that the recent correction in AI and digital assets is reaching exhaustion, citing extreme bearish sentiment and institutional accumulation. His firm, BitMine, has notably increased its Ethereum holdings by over 50,000 ETH as markets stabilize near key support levels.
Full story: https://getcryptobrief.com/story/tom-lee-ai-crypto-selloff-bottom

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