BMNR Analytics Blog

Insights & Analytics

Deep dives into our calculations, methodology explanations, and insights into BMNR's treasury analytics. No financial jargon - just clear explanations.

FEATURED ARTICLE
Weekly AnalysisTreasury UpdateETH AccumulationMNAV

BMNR MNAV 0.851x | Week of June 29

BitMine added 27,084 ETH and pushed staked holdings past 4.87M, but the stock still trades at a 15% discount to NAV this week.

June 29, 2026
BMNR Analytics Team
5 min read
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Weekly AnalysisTreasury Update+2

BMNR Staking Hits 85% | Week of June 29, 2026

Bitmine's staking strategy reaches critical mass with 4.88M ETH earning rewards, while a 7.77% NAV decline creates potential buying opportunity.

Jun 29
10 min read
Weekly AnalysisTreasury Update+2

BMNR Staking Yields $268M+ | Week of June 22, 2026

Bitmine's 4.7M staked ETH generates $268M annually at 2.73% yield while premium narrows to 0.93x—what the staking economics mean for investors.

Jun 22
7 min read
Weekly AnalysisTreasury Update+2

BMNR Staking Push | Week of June 15, 2026

With 83% of ETH now staked, BMNR projects $269M in annual rewards. Our data reveals the premium implications of this aggressive staking strategy.

Jun 15
7 min read
Weekly AnalysisTreasury Update+2

BMNR Staking Reaches 85% | Week of June 8, 2026

Bitmine's staking ratio hits 85% of total holdings as ETH acquisition continues amid market pressure. Our NAV analysis reveals key insights.

Jun 8
7 min read
Weekly AnalysisTreasury Update+2

BMNR Crosses 87% Staked | Week of June 1, 2026

Bitmine now has 87% of its 5.42M ETH staked, positioning for $296M in annualized rewards as the company approaches its 6M token milestone.

Jun 1
8 min read
Weekly AnalysisTreasury Update+2

BMNR Staking Leadership | Week of May 26, 2026

Bitmine reaches 87% staking ratio with 4.7M ETH staked, projecting $276M annual rewards as ETH trades below $2,200—our analysis shows why this matters.

May 26
8 min read
Weekly AnalysisTreasury Update+2

BMNR Crosses 89% Staking Mark | Week of May 18

Bitmine stakes 89% of its 5.28M ETH treasury while trading at a deepening discount. Our NAV analysis reveals strategic opportunities ahead.

May 18
9 min read
Weekly AnalysisTreasury Update+2

BMNR Holds 4.3% of ETH Supply | Week of May 11, 2026

Bitmine crosses 5.2M ETH milestone controlling 4.31% of total supply. With 4.7M staked, the company has effectively removed significant ETH from circulation.

May 11
8 min read
Weekly AnalysisTreasury Update+2

BMNR Staking Dominance | Week of May 5, 2026

Bitmine now stakes more ETH than any entity globally—4.4M tokens generating $352M annually. Our analysis reveals the strategic implications.

May 4
7 min read
Weekly AnalysisTreasury Update+2

BMNR Crosses 5M ETH Milestone | Week of April 27

BitMine reaches historic 5.078M ETH holdings while NAV discount narrows to 0.924x—our analysis reveals what this concentration means for investors.

Apr 27
8 min read
Weekly AnalysisTreasury Update+2

BMNR Staking Powers $330M Annual Yield | Week of Apr 20

Bitmine stakes 67% of ETH holdings generating projected $330M annual returns while ETH outperforms S&P 500 by 2,280 basis points during geopolitical crisis.

Apr 20
7 min read
Weekly AnalysisTreasury Update+2

BMNR NAV Surges 8% | Week of April 13, 2026

ETH's wartime rally drives BMNR's NAV per share to $23.32, up 8% week-over-week, while the company maintains its position as the world's #1 Ethereum treasury.

Apr 13
8 min read
Weekly AnalysisTreasury Update+2

BMNR NYSE Uplisting + $4B Buyback | Week of Apr 9

BitMine's NYSE move pairs with massive buyback expansion while ETH holdings climb 1.51% to 4.8M—but MNAV drops below parity. What it means for investors.

Apr 9
9 min read
Weekly AnalysisTreasury Update+2

BMNR Staking Strategy Revealed | Week of April 6

Bitmine has staked 3.14M ETH—earning $282M annually. Our data shows the strategy behind the 69% stake rate and what it means for shareholders.

Apr 6
10 min read
Weekly AnalysisTreasury Update+2

BMNR Staking Power | Week of March 30, 2026

BitMine's 3.14M staked ETH generates $266M annually at scale—66% of holdings now earning yield while treasury maintains steady positioning.

Mar 30
8 min read
Weekly AnalysisTreasury Update+2

BMNR MAVAN Launch | $300M Annual Staking Revenue

BitMine launches MAVAN staking network with 3.14M ETH already staked, projecting $300M annual yields—but MNAV trades below 1.0x despite milestone.

Mar 25
7 min read
Weekly AnalysisTreasury Update+2

BMNR Staking Dominance | Week of March 14, 2026

Bitmine's 3M+ staked ETH generates $272M annually at scale, while MNAV compression to 0.94x creates potential value gap for strategic investors.

Mar 16
8 min read
Weekly AnalysisTreasury Update+2

BMNR Strategic Shift | Week of March 9, 2026

Bitmine accelerates ETH purchases by 36% as technical indicators suggest market bottom, while our data reveals a critical inflection point at 0.925x MNAV.

Mar 9
9 min read
Weekly AnalysisTreasury Update+2

BMNR Staking Yields $253M | Week of March 2, 2026

Bitmine's 3M staked ETH generates $253M annually at 2.86% yield, while MNAV drops to 0.949x despite 73.71% progress toward 6M ETH goal.

Mar 2
7 min read
Weekly AnalysisTreasury Update+2

BMNR Staking Revenue Hits $249M | Week of Feb 23

Bitmine's 3M staked ETH generates $249M annual yield at 2.89%, creating sustainable revenue stream despite 69% market premium compression to 1.004x.

Feb 23
7 min read
Weekly AnalysisTreasury Update+2

BMNR Staking Surge: 143K ETH Staked in Single Week

Bitmine staked 143,024 ETH this week—its largest weekly increase yet—while acquiring 45,759 ETH during market pullback. Analysis of the 69% staking ratio.

Feb 17
7 min read
Weekly AnalysisTreasury Update+2

BMNR Holds 3.58% of ETH Supply | Week of Feb 9, 2026

BitMine now controls 3.58% of all Ethereum in existence while building the world's largest staking operation—generating over $1M daily at full scale.

Feb 9
11 min read
Weekly AnalysisTreasury Update+2

BMNR Holds Steady at 1.03x MNAV | Week of Feb 2

Despite ETH price volatility, BMNR's NAV resilience shows strategic positioning—but our data reveals a critical question about acquisition timing.

Feb 2
8 min read
Weekly AnalysisTreasury Update+2

BMNR Hits 70% ETH Goal | Staking Up 9.3%

BMNR's staking surged 9.3% this week to 2M ETH while total holdings hit 4.24M tokens—70% of the 6M goal. MNAV now trades at exactly 1.0x.

Jan 26
12 min read
Product LaunchEthereum Treasury+3

Introducing Rockboard Pro: Expanding Ethereum Treasury Analysis

We're expanding beyond BMNR to track the entire Ethereum treasury sector. Learn how Rockboard Pro enables comprehensive coverage of ETHM, ETHZ, BTBT, and the growing corporate ETH adoption movement.

Sep 14
4 min read
Beginner GuidePredictions+2

Understanding Our Prediction System: A Beginner's Guide

Ever wondered how we show you current numbers when official reports come out weeks late? Here's a simple explanation of our prediction system - no finance degree required!

Sep 9
6 min read
BMNR Treasury Dashboard | BitMine Immersion Technologies Analytics