BMNR is trading at $19.41 (+4%) following a positive treasury update from Chairman Tom Lee, revealing that the company's ETH holdings reached 4.47 million tokens (3.71% of supply) as of March 1.
- Total crypto and cash assets hit $9.9 billion, with 3.04 million staked ETH generating $172 million in annualized revenue.
- The company confirmed the MAVAN staking launch remains on track for Q1 2026, helping the stock decouple from broader crypto and market weakness.
- The announcement highlights significant treasury growth despite Ethereum's 24-hour price decline.