BitMine Immersion Technologies

BMNR

Market cap $12.7B

Contends Shareholders Face Sustained Share Price Depreciation if 10X Continues Presiding Over Delayed Disclosures, Increasing Conflicts of Interest and Unchecked Mismanagement Demands 10X Take Immediate Corrective Action, Including Enacting Governance Improvements and Pledging to Implement the Promised BNB Treasury Strategy ROAD TOWN, British Virgin Islands, Dec. 03, 2025 (GLOBE NEWSWIRE) -- YZiLabs Management Ltd. (“YZi Labs”), a significant shareholder of CEA Industries, Inc. (Nasdaq: BNC) (“BNC” or the “Company”), today announced that it has issued a formal Notice and Demand for Corrective Action (the “Notice”) to 10X Capital Asset Management LLC (“10X”), which serves as BNC's asset manager.

Bitmine Immersion has morphed from miner to Ethereum-heavy crypto treasury and services platform, offering staked yield and advisory upside while trading near underlying asset value. BMNR controls over 3.6 million ETH plus Bitcoin, moonshots and $800 million cash, nearly $12 billion in assets, yet trades above its net asset value. I view BMNR's Ethereum stack as material for a staking and services engine, converting volatile NAV into recurring income while valuation prices services at zero.

Bitmine Immersion Technologies Inc (NYSE: BMNR) rallied sharply on Tuesday, closing up 10.26% at $31.91. The surge effectively reversed Monday's losses, driven by a 6.5% recovery in Ethereum (CRYPTO: ETH), which climbed toward $2,986 ahead of a major network event.

BitMine Immersion Technologies ( NYSEAMEX:BMNR ) has carved out a niche in the crypto treasury space by emulating Strategy ( NASDAQ:MSTR ), the pioneer in holding digital assets as corporate reserves.

It simply picked the wrong day to publish its latest portfolio update. That's because its anchor asset had fallen substantially in price.

Major stock market indexes were down on Monday but closed well above their worst levels of the day. A healthcare stock was one of the best performers on the day.

BitMine now owns more than 3.0% of the ETH token supply, two-thirds of the way to the 'Alchemy of 5%' BitMine Crypto + Cash Holdings + "Moonshots" total $12.1 billion, including 3.73 million ETH tokens, unencumbered cash of $882 million, and other crypto holdings BitMine accelerates its Ethereum accumulation ahead of the upcoming Fusaka upgrade, which is expected to significantly boost scalability, security, and overall network usability BitMine will hold its annual shareholders meeting at the Wynn Las Vegas on January 15, 2026 BitMine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock BitMine is the 39th most traded stock in the US, trading $1.7 billion per day (5-day avg) BitMine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support BitMine's goal of acquiring 5% of ETH LAS VEGAS , Dec. 1, 2025 /PRNewswire/ -- (NYSE AMERICAN: BMNR) BitMine Immersion Technologies ("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 + cash + "moonshots" holdings totalling $12.1 billion. As of November 30th at 6:30pm ET, the Company's crypto holdings are comprised of 3,726,499 ETH at $3,008 per ETH (Coinbase), 192 Bitcoin (BTC), $36 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and unencumbered cash of $882 million.

Crypto traders are fixated on Tom Lee's latest shock call: Ethereum (CRYPTO: ETH) could plunge toward $2,500 in a capitulation flush before ripping into a Bitcoin (CRYPTO: BTC)-style supercycle run toward $7,000–$9,000. The timing, he argues, is measured in weeks, not years — a countdown that has electrified sentiment even as price action remains fragile.

BitMine Immersion Technologies' 46% slide and its massive ETH buildout raise questions as investors weigh the pullback against mounting crypto-driven risks.

MIAMI, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and innovative exchange-traded fund solutions, today announced the launch of the  Defiance BMNR Option Income ETF (NYSE Arca: YBMN) , the first income-focused ETF utilizing an options overlay strategy on Bitmine Immersion Technologies, Inc. (NASDAQ: BMNR). The fund is launching in partnership with Milliman Financial Risk Management, a global leader in investment advisory and risk management solutions.