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Green SM changes its brand from Xanh SM to Green SM. The Green Smart Mobility and Intelligent Transport Joint Stock Company (GSM) announced the brand change from Xanh SM to Green SM. The change aims to unify brand identity across the entire system and marks the company's three-year operation. In…
Bitmine Immersion Technologies has consolidated its position as the world’s largest corporate Ethereum treasury. According to a press release, the company holds 4.87 million ETH valued at $10.7 billion, equivalent to 4.04% of the entire circulating supply. With that volume, the firm has reached 81% of its target of controlling 5% of the cryptocurrency’s total supply.
Bitmine’s chairman, Tom Lee, described Ethereum as “the store of value in times of war.” He pointed to ETH’s performance since the start of the conflict between Iran and Israel seven weeks ago, saying ETH gained 17.4%. Lee also cited relative performance versus traditional assets, stating ETH outperformed the S&P 500 by 1,830 basis points and gold by 2,743 basis points. He added that, in his base scenario, ETH is in “the final stages of the crypto mini-winter.”
The company’s accumulation strategy is supported by a large staking operation. Bitmine has staked 3.33 million ETH—68% of its holdings—valued at $7.4 billion. It reported a seven-day yield of 2.89%, which it translates into $212 million in annualized staking revenue.
Bitmine also continued to add to its position. Last week, it acquired 71,524 ETH, maintaining the highest weekly accumulation pace recorded since late December 2025 for the fourth consecutive week.
Total holdings, including cash and what the company calls “moonshots,” amount to $11.8 billion. The press release lists $719 million in cash, a $200 million stake in Beast Industries, and $85 million in Eightco Holdings.
On April 9, Bitmine completed its transfer to the New York Stock Exchange from NYSE American, trading under the ticker BMNR. The company reported an average daily volume of $747 million, placing it at position 117 among all securities listed in the United States. It also cited institutional investors including ARK Invest, Founders Fund, Pantera, Kraken, and Galaxy Digital.
Lee highlighted two growth vectors for Ethereum: the tokenization of traditional financial assets on the blockchain and increasing adoption by agentic artificial intelligence systems that require public and neutral networks.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
