BMNR stock rises over 10% as BitMine adds 9,946 ETH
BitMine Immersion Technologies expanded its Ethereum treasury and accelerated its share buybacks last week, while BMNR stock jumped nearly 11% on Monday as ETH reclaimed $1,900. SummaryBitMine acquired 9,946 ETH, raising its total holdings to 5.79 million ETH.The company now controls 4.8% of Ethereums total supply, nearing its 5% threshold.BitMine repurchased 6.1 million BMNR shares, bringing total buybacks to 11.6 million.BMNR gained 10.89% to $17.51, but still faces resistance near its 100-day average. BitMine adds 9,946 ETH to its treasury BitMine disclosed Monday that it purchased 9,946 ETH during the previous week, extending a weekly buying streak that began at the start of 2026. The latest acquisition increased the company‘s holdings to 5,787,414 ETH, equivalent to approximately 4.8% of Ethereum’s total supply. That puts BitMine close to its stated goal of owning 5% of all ETH in circulation. The purchase also marked an increase from the prior week, when the company acquired 7,430 ETH. BitMines latest addition came as Ethereum recovered above $1,900 and reached its highest price in ten weeks. You might also like: Crypto treasury firms pivot to AI as DAT model loses momentum Most of the companys ETH is generating staking rewards. BitMine has staked 4,917,189 ETH, worth around $9.6 billion and representing about 85%