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Why Is BitMine Immersion Stock Gaining Monday? – BitMine Immersion (AMEX:BMNR)

Holdings Surge to $11.4 Billion

On Monday, BitMine said its total crypto, cash, and “moonshot” holdings reached $11.4 billion, driven by a growing Ethereum treasury and continued accumulation.

The company will uplist from the NYSE American to the New York Stock Exchange on April 9, 2026, maintaining its ticker “BMNR.”

The firm added it acquired 71,252 ETH in the past week, marking its fastest buying pace since late 2025.

Ethereum Positioned as ‘Wartime’ Asset

Chairman Thomas “Tom” Lee said Ethereum has outperformed traditional assets amid ongoing geopolitical tensions, positioning it as a “wartime store of value.”

Bitmine also launched MAVAN, its institutional staking platform, with 3.3…

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