IPWvsBMNR

iPower vs BitMine Immersion Technologies

Side-by-side Ethereum treasury comparison: holdings, market cap, mNAV ratio, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.

Metric
IPW
BMNR
ETH holdings
301 ETH
5,078,386 ETH
Market value of ETH
$694.5K
$11.7B
Average cost per ETH
$2,935.00
$2,568.02
Total cost basis
$883.6K
$11.9B
mNAV (market cap รท ETH value)
1.40ร—
1.00ร—
Last disclosed purchase
โ€”
4/27/2026
Country
๐Ÿ‡บ๐Ÿ‡ธ US
๐Ÿ‡บ๐Ÿ‡ธ US
IPWยท recent ETH purchases
No tracked purchases yet
BMNRยท recent ETH purchases
  • 4/27/2026+101,901 ETH$234.7M
  • 4/20/2026+101,627 ETH$235.2M
  • 4/13/2026+71,524 ETH$169.5M
  • 4/6/2026+71,252 ETH$150.2M
  • 3/30/2026+71,179 ETH$144.1M

IPW vs BMNR: frequently asked

Which company holds more Ethereum, IPW or BMNR?โ–พ

BitMine Immersion Technologies (BMNR) holds 5,078,386 ETH, compared to iPower's (IPW) 301 ETH โ€” roughly 16866.1ร— more.

What's the total Ethereum value on the balance sheets of IPW and BMNR?โ–พ

IPW holds $694.5K worth of Ethereum at current market prices. BMNR holds $11.7B.

Who has a lower cost basis per ETH, IPW or BMNR?โ–พ

IPW's average cost is $2,935.00 per ETH. BMNR's is $2,568.02. BMNR is the lower cost basis.

When did IPW last buy Ethereum?โ–พ

IPW's last ETH purchase isn't in our tracked history yet.

When did BMNR last buy Ethereum?โ–พ

BMNR disclosed a 101,901 ETH purchase on April 27, 2026.