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Bitmine increased its ETH holdings by 10,452 last week, bringing its total ETH holdings to 6.05 million, with annualized staking revenue reaching $318 million.

1 hours ago

Bitmine Immersion Technologies (BMNR) announced that its ETH holdings have increased to 6.05 million ETH, accounting for 4.95% of the total ETH supply. The company’s total holdings of crypto assets, cash, and tradable securities reached $15 billion, with 5.23 million ETH staked. Based on the current staking scale, its estimated annual staking revenue is approximately $318 million. Over the past week, Bitmine added 10,452 ETH to its holdings, continuing its weekly accumulation strategy. Additionally, the company has repurchased 22.9 million common shares in 2026, with a total repurchase value of $399.6 million. That said, the firm’s assets are highly concentrated in ETH, leaving its overall holding value exposed to cryptocurrency price volatility risks, and its staking revenue also depends on actual staking scale and yield rates.

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Anthropic targets an IPO in the week of November 16.

Anthropic targets to conduct its IPO in the week of November 16.

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Anthropic: 79% of its revenue comes from clients outside its top five, and the company once significantly underestimated its computing power needs.

Anthropic disclosed that 79% of its revenue comes from clients outside its top five customers, with no single client contributing more than 10% of total revenue. The company also admitted it had significantly underestimated its computing power demand in the past. On the financing front, under an agreement reached in April this year, Amazon will provide up to $20 billion in financing. Additionally, Google has purchased 38.6 million Class G-2 non-voting redeemable shares. Anthropic also stated it has not yet reached an agreement on any major acquisition.

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Bitcoin falls below $80,000

According to HTX market data, Bitcoin has dropped below $80,000, with a 24-hour decline of 0.44%.

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Anthropic discloses its IPO underwriting lineup, including Bank of America, Deutsche Bank, Royal Bank of Canada, and others.

Anthropic has disclosed its initial public offering (IPO) underwriting arrangements for the first time. The underwriters include Bank of America, Deutsche Bank, Royal Bank of Canada, and UBS Group; additional underwriters are JPMorgan Chase, Citigroup, Bank of Montreal, BNP Paribas, Crédit Agricole, and Jefferies, among others. Financially, Anthropic stated that the company booked $2 billion in other operating and administrative expenses during the third quarter.

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Anthropic reported total operating expenses of $16.98 billion for the first half of the year.

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The US stock market opened with all three major indexes rising broadly, while storage concept stocks also posted broad gains.

U.S. stock market opens: Dow Jones rises 0.2%, S&P 500 climbs 0.25%, Nasdaq gains 0.28%. Tesla (TSLA.O) surges 3.3% as Barclays upgrades its rating from "hold" to "overweight". Meta Platforms (META.O) falls 0.77% as the company plans to issue up to $95 billion in new shares to fund AI growth. Storage-related stocks rise: SK Hynix (SKHY.O) gains 1.9%, Micron Technology (MU.O) climbs 1.2%, SanDisk (SNDK.O) adds 0.6%.

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