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Bitmine nears 5% ETH supply ownership with $11.6B in crypto and cash holdings, boosting staking and share buybacks.

Market News
10 Aug 2026
PRNewsWire
View Source
Bullish
Bitmine nears 5% ETH supply ownership with $11.6B in crypto and cash holdings, boosting staking and share buybacks.

Bitmine Immersion Technologies is close to owning 5% of the total Ethereum (ETH) supply, holding 4.8% with 5.81 million ETH tokens. The company’s total crypto, cash, and marketable securities holdings amount to $11.6 billion. Bitmine has also staked over 5 million ETH, representing nearly $9.8 billion, and repurchased over 19 million shares under a $4 billion buyback program. This strong accumulation and strategic moves reflect confidence in Ethereum’s fundamentals and position Bitmine for further growth in the crypto market.

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Grail's stock jumps 55% after positive FDA advisory vote on Galleri cancer test.

Grail's stock jumps 55% after positive FDA advisory vote on Galleri cancer test.

Grail's stock surged 55% in one week following a positive FDA advisory committee vote on its Galleri multi-cancer early detection test, which was deemed safe and beneficial. Analyst Kyle Mikson raised the price target from $80 to $150, reflecting str...

Analyst Insights
Bullish
3 hours ago
Roblox shares drop 6% after Jefferies downgrades to Underperform with $38 target.

Roblox shares drop 6% after Jefferies downgrades to Underperform with $38 target.

Roblox stock fell 6% following Jefferies' downgrade to Underperform and a price target cut to $38, citing concerns over overly optimistic bookings outlook and slower user growth in the US and Canada. This downgrade contrasts with steady performance i...

Analyst Insights
Bearish
4 hours ago
Tiziana begins dosing ALS patients in Phase 2a trial of nasal antibody foralumab

Tiziana begins dosing ALS patients in Phase 2a trial of nasal antibody foralumab

Tiziana Life Sciences has dosed the first three patients in a Phase 2a trial testing foralumab, a nasal spray antibody, for treating early-stage ALS. The Healey ALS MyMatch BANYAN trial will enroll 44 patients to evaluate safety, tolerability, and im...

Market News
Bullish
4 hours ago
1911 Gold reports zero environmental incidents in 2025 at True North project, advancing mine restart plans.

1911 Gold reports zero environmental incidents in 2025 at True North project, advancing mine restart plans.

1911 Gold Corp released its first sustainability report for the True North Gold Project, showing zero environmental incidents and regulatory fines in 2025. The report highlights the company's commitment to safe, responsible operations and strong comm...

Market News
Bullish
4 hours ago
Flow tests at Namibia well show liquids-capable gas, advancing Kavango project towards investment decision

Flow tests at Namibia well show liquids-capable gas, advancing Kavango project towards investment decision

Reconnaissance Energy Africa's flow test samples from the Kavango West 1X Sidetrack well in Namibia indicate a thermogenic gas system with liquid potential, showing maturities from late oil to early gas. The company plans a horizontal test to confirm...

Market News
Bullish
4 hours ago
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