Bitmine Immersion Reports ETH Holdings of 4.4M Tokens
Bitmine Immersion Technologies (BMNR) announced its Ethereum holdings have reached 4.423 million tokens, with total crypto and cash reserves valued at $9.6 billion. The company holds 3,040,483 ETH in staking contracts, valued at approximately $6 billion. Bitmine stated it now holds 3.66% of the total ETH supply.
- Bitmine's Chairman is Thomas "Tom" Lee, a well-known Wall Street strategist from Fundstrat Global Advisors, who is guiding the company's "Alchemy of 5%" philosophy to acquire 5% of the total ETH supply. - The company's current holdings of 3.66% of all ETH make it the largest corporate Ethereum treasury in the world. This puts their holdings ahead of other major corporate players like SharpLink Gaming. - Beyond its ETH and 193 BTC, the company's $9.6 billion in assets includes a $200 million investment in Beast Industries and a $17 million stake in Eightco Holdings. - Bitmine is developing its own staking solution called MAVAN (Made in America VAlidator Network), which is expected to launch in the first quarter of 2026 to securely stake its own assets. - The company's stock (BMNR) is the 165th most traded in the US, with an average daily trading volume of $0.7 billion, indicating high liquidity and investor interest. - In November 2025, Wall Street veteran Chi Tsang was appointed as the new CEO to bridge traditional capital markets with the Ethereum ecosystem. - Bitmine's aggressive accumulation strategy is supported by prominent institutional investors, including Cathie Wood's ARK, Founders Fund, Pantera, and Galaxy Digital.
