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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
pluang ai news

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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Tourism surges at Hengdian World Studios as Pursuit of Jade tops global C-drama charts.

Tourism surges at Hengdian World Studios as Pursuit of Jade tops global C-drama charts.

Hengdian World Studios saw a major spike in visitors after the Chinese drama Pursuit of Jade, filmed mostly at the studio, topped international streaming charts and search volumes in 15 countries. During the May holiday, over 80,000 tourists visited ...

Market News
Bullish
41 minutes ago
Global sputtering equipment market to reach $4.19B by 2035, driven by semiconductor and solar industry growth.

Global sputtering equipment market to reach $4.19B by 2035, driven by semiconductor and solar industry growth.

The global sputtering equipment market is projected to grow from USD 2.41 billion in 2025 to USD 4.19 billion by 2035, at a CAGR of 5.83%. Growth is fueled by rising demand for high-performance semiconductors, flat panel displays, and photovoltaic so...

Market News
Bullish
1 hour ago
Japan approves Sanofi's Sarclisa subcutaneous formulation for multiple myeloma treatment

Japan approves Sanofi's Sarclisa subcutaneous formulation for multiple myeloma treatment

Japan's Ministry of Health has approved Sanofi's Sarclisa (isatuximab) in a subcutaneous form for treating multiple myeloma, including newly diagnosed and relapsed/refractory cases. This approval follows positive results from the phase 3 IRAKLIA stud...

Market News
Bullish
2 hours ago
Deep learning market to hit $1.96 trillion by 2035, driven by generative AI and enterprise automation.

Deep learning market to hit $1.96 trillion by 2035, driven by generative AI and enterprise automation.

The global deep learning market is projected to grow from $125.41 billion in 2025 to $1.96 trillion by 2035, with a CAGR of 31.69%. This rapid expansion is fueled by widespread adoption of generative AI, increased investment in AI infrastructure, and...

Market News
Bullish
2 hours ago
Ovarian cancer diagnostics market to reach $8.08B by 2035, driven by AI and biomarker testing advances.

Ovarian cancer diagnostics market to reach $8.08B by 2035, driven by AI and biomarker testing advances.

The global ovarian cancer diagnostics market is projected to grow from $4.92 billion in 2025 to $8.08 billion by 2035, at a CAGR of 5.06%. Growth is fueled by rising ovarian cancer cases, increased adoption of AI-powered imaging, biomarker testing, a...

Market News
Bullish
2 hours ago
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