BitMine Highlights Massive Ethereum Treasury and Staking Expansion

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2026.01.20 14:19
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BitMine Immersion Technologies (BMNR) announced significant developments at its January 15, 2026, annual meeting, where shareholders approved key proposals, including a share increase and executive compensation plan. The company reported a total of $14.5 billion in assets, including 4.203 million ETH and $979 million in cash. It has staked 1.84 million ETH and plans to launch its MAVAN staking platform. BMNR is recognized as the largest Ethereum treasury globally, with a current market cap of $14.17 billion and a Buy rating from analysts with a $39.00 price target.