DeFi Intel

BMNR Stock Climbs As Massive Ethereum Bet Draws Traders - StocksToTrade

BitMine Immersion Technologies (BMNR) stock rose 3.61% on July 21, 2026, driven by its massive Ethereum holdings of about 5.77-5.78M ETH (4.8% of supply). The company has staked 4.9M ETH via its MAVAN platform, targeting $247M in annualized staking income, and authorized a $4B share buyback. B. Riley cut its price target from $33 to $25 but kept a Buy rating.

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