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.
IPW
iPower
🇺🇸 US
301 ETH
$563.0K market value
BMNR
BitMine Immersion Technologies
🇺🇸 US
5,770,038 ETH
$10.8B market value
Metric
IPW
BMNR
ETH holdings
301 ETH
5,770,038 ETH
Market value of ETH
$563.0K
$10.8B
Average cost per ETH
$2,967.00
$3,053.38
Total cost basis
$893.4K
$17.5B
mNAV (market cap ÷ ETH value)
1.42×
0.77×
Last disclosed purchase
May 20, 2026
Jul 12, 2026
Country
🇺🇸 US
- May 20, 2026+0 ETH$883.6K
- Dec 31, 2025+0 ETH$893.4K
- Dec 31, 2025+301 ETH$536.4K
- Jul 12, 2026+27,801 ETH—
- Jul 6, 2026+42,197 ETH$74.0M
IPW vs BMNR: frequently asked
Which company holds more Ethereum, IPW or BMNR?▾
BitMine Immersion Technologies (BMNR) holds 5,770,038 ETH, compared to iPower's (IPW) 301 ETH — roughly 19163.2× more.
What's the total Ethereum value on the balance sheets of IPW and BMNR?▾
IPW holds $563.0K worth of Ethereum at current market prices. BMNR holds $10.8B.
Who has a lower cost basis per ETH, IPW or BMNR?▾
IPW's average cost is $2,967.00 per ETH. BMNR's is $3,053.38. IPW is the lower cost basis.
When did IPW last buy Ethereum?▾
IPW disclosed a 0 ETH purchase on May 20, 2026.
When did BMNR last buy Ethereum?▾
BMNR disclosed a 27,801 ETH purchase on July 12, 2026.