Crypto Stocks to Watch as February Consolidation Hits New Low
The post Crypto Stocks to Watch as February Consolidation Hits New Low appeared on BitcoinEthereumNews.com.
Key Insights Bitmine crypto stocks show rebound signals despite ongoing Ethereum price volatility MSTR rallies in pre-market trades, fueled by recent Bitcoin accumulation by Strategy CRCL bounces from recent lows amid a new White House meeting that focused on stablecoin regulation The crypto stock market began today, Feb.20, on a positive note, with overall capitalisation jumping 1.5% over the past 24 hours. This rising momentum has positively impacted some of the major crypto stocks, including BMNR, MSTR, and CRCL. Bitmine Crypto Stocks Rallies Amid ETH Purchases Bitmine (BMNR) stock is one of the highly leveraged players on the crypto market. The firm also holds massive ETH treasuries, making it an Ethereum-focused counterpart to MicroStrategy (now Strategy). According to Google Finance, BMNR rose by a minimal 0.5% over the past 24 hours. The stock also increased by 1.3% in pre-market trading, with a day range price of $19.25 – $19.96. The recent rally in the BMNR stock price comes after purchases of the Ethereum (ETH) cryptocurrency. Data from the onchain analytics platform Lookonchain revealed Bitmine purchased 10,000 ETH, valued at about $19.49 million, from Kraken. BitMine Sustains Ethereum Buyups | Source: Lookonchain Before this purchase, Bitmine acquired 45,759 ETH, increasing holdings to 4.37 million. The ETH treasury firm also announced 3.04 million staked ETH and anticipated annual staking incentives of up to $252 million. Direct Ethereum exposure, together with staking income, makes the BMNR stock sensitive to any ETH stabilisation. The stock has dropped 29% over the past months as ETH weakened. At press time, ETH is priced at $1,956, down 0.4% over the past 24 hours. Ethereum has been stuck in a volatile consolidation phase after sharp early-month selloffs, with prices testing fresh 2026 lows. Strategy and the BTC Purchase Impact Another stock investors are also watching this February is…
Filed under: News - @ February 22, 2026 10:22 am