BitMine's ETH Holdings Approach 3.97M, Close to 5% Goal
BitMine's Ethereum Holdings: BitMine now holds 3.97 million ETH, representing over 3.2% of Ethereum's total supply, having added more than 102,000 ETH in just one week.
Financial Overview: The company's total assets amount to $13.3 billion, including $1 billion in cash, 193 Bitcoin, and a $38 million stake in Eightco Holdings.
Market Position: BitMine ranks as the largest Ethereum treasury globally and second among public crypto treasuries, with significant trading activity placing it as the 41st most traded U.S. stock.
Institutional Support and Future Plans: Backed by notable investors, BitMine is developing a U.S.-based validator network set to launch in early 2026, with a shareholders meeting scheduled for January 15, 2026, in Las Vegas.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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