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Bitmine shares drop 4.1% despite holding 5.28M ETH and $12.6B crypto assets after NYSE upgrade.

Market News
18 May 2026
Blockonomi
View Source
Bearish
Bitmine shares drop 4.1% despite holding 5.28M ETH and $12.6B crypto assets after NYSE upgrade.

Bitmine (BMNR) shares fell 4.1% to close at $19.06 after an initial rise lost momentum, despite the company holding a massive $12.6 billion in digital assets including 5.28 million Ethereum tokens. The firm recently upgraded its listing from NYSE American to the New York Stock Exchange, maintaining its BMNR ticker. Bitmine's Ethereum holdings represent 4.37% of total ETH supply, with over 89% staked via its MAVAN staking network, generating significant annualized income. The company is nearing its goal to own 5% of Ethereum's circulating supply, highlighting its strategic focus on crypto asset accumulation and staking revenue.

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China airway management market forecast to grow through 2033 with detailed segment and company insights

China airway management market forecast to grow through 2033 with detailed segment and company insights

The China Airway Management Market report forecasts growth through 2033, covering airway management tubes and intubation accessories. It provides detailed data on market revenues, sales volumes, and pricing, helping businesses and investors identify ...

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China's adult feeding tubes and formula market forecasted to grow through 2033 with key company insights.

China's adult feeding tubes and formula market forecasted to grow through 2033 with key company insights.

ResearchAndMarkets.com released a comprehensive report on China's adult feeding tubes and formula market, projecting growth through 2033. The report includes historical and forecast data on revenue, sales volume, and pricing, segmented into adult fee...

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China sterilization equipment market forecast to grow through 2033 with key segments in chemical, physical, and UV sterilizers.

China sterilization equipment market forecast to grow through 2033 with key segments in chemical, physical, and UV sterilizers.

The China Sterilization Equipment Market Outlook to 2033 report highlights growth opportunities across chemical, physical, and ultraviolet sterilizers. It provides detailed market data including revenues, sales volumes, average prices, and company sh...

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China patient examination devices market forecast to 2033 highlights growth in thermometers and stethoscopes.

China patient examination devices market forecast to 2033 highlights growth in thermometers and stethoscopes.

A new report forecasts the China patient examination devices market through 2033, focusing on thermometers and stethoscopes. It provides detailed data on market revenue, sales volume, and pricing trends from 2018 to 2033, helping manufacturers, inves...

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China stretchers and cots market forecast to grow through 2033 with key segments and competitors detailed

China stretchers and cots market forecast to grow through 2033 with key segments and competitors detailed

A new market report forecasts growth in China's stretchers and cots sector through 2033, covering ambulance cots, emergency stretchers, and manual and motorized transport stretchers. The report provides detailed revenue, volume, and pricing data from...

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