BitMine Immersion Technologies has boosted its Ethereum holdings to nearly 4 million ETH, making it the largest ETH holder among public companies. This accumulation, reaching 3.97 million ETH or over 3.2% of Ethereum’s supply, underscores its aggressive strategy in building a substantial crypto treasury valued at $13.3 billion.
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BitMine now holds 3.97 million ETH, adding 102,000 ETH in just one week, securing more than 3.2% of Ethereum’s total supply.
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Ranked as the top ETH treasury globally, its assets total $13.3 billion, including cash reserves, Bitcoin, and equity positions.
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Supported by major investors like ARK and Pantera, BitMine is advancing a U.S.-based validator network, with a key meeting set for January 2026.
Discover how BitMine’s massive Ethereum accumulation positions it as a leader in crypto treasuries. Explore the strategy, holdings, and future plans driving this $13.3B powerhouse—stay informed on ETH’s institutional surge today.
What Are BitMine’s Latest Ethereum Holdings?
BitMine’s Ethereum holdings have surged to 3,967,210 ETH, valued at approximately $3,074 per token based on recent market pricing. This positions the company as the largest public holder of ETH, representing over 3.2% of Ethereum’s circulating supply. The firm added 102,259 ETH in the past week alone through direct purchases and capital raises aimed at long-term reserves.
How Does BitMine’s Treasury Compare in the Market?
BitMine’s total assets now stand at about $13.3 billion, encompassing $1.0 billion in cash, 193 Bitcoin, and a $38 million stake in Nasdaq-listed Eightco Holdings (ORBS). These holdings solidify its status as the premier Ethereum treasury worldwide, outpacing other public firms in ETH-specific accumulation. According to data from Fundstrat and Statista, BitMine ranks second overall among public crypto treasuries, trailing only Strategy Inc.’s Bitcoin reserves of 660,624 BTC.
The company’s stock, traded under BMNR on U.S. exchanges, has seen robust activity, with an average daily trading volume of $1.9 billion over the five days ending December 11, 2025. This places it 41st among U.S.-listed stocks, between Boeing and Sandisk in liquidity among 5,704 companies. Thomas Lee, BitMine’s chairman and Fundstrat managing partner, noted in the disclosure that steadier crypto prices post the October 10 market event facilitated this rapid buildup.
Expert analysis from financial analysts highlights BitMine’s diversified approach, blending core crypto assets with strategic “moonshot” investments. This structure not only mitigates volatility but also enhances overall treasury resilience, as evidenced by its institutional-grade portfolio management.
Frequently Asked Questions
What prompted BitMine’s recent Ethereum accumulation?
BitMine’s Ethereum buildup stems from a deliberate strategy to expand long-term crypto reserves amid stabilizing market conditions. The company acquired 102,259 ETH last week via direct buys and capital infusions, aiming to capitalize on Ethereum’s network utility and upcoming upgrades while preparing for validator operations.
Who are BitMine’s key institutional supporters?
BitMine benefits from backing by prominent figures and firms, including Cathie Wood of ARK Invest, Founders Fund, Bill Miller III, Pantera Capital, Kraken Ventures, Digital Currency Group, Galaxy Digital, MOZAYYX, and Thomas Lee. This coalition provides strategic guidance and capital for initiatives like the Made in America Validator Network, enhancing credibility in the crypto space.
Key Takeaways
- Record ETH Holdings: BitMine’s 3.97 million ETH stash exceeds 3.2% of Ethereum’s supply, valued at billions and leading public treasuries in this category.
- Diversified Assets: Beyond ETH, the $13.3 billion portfolio includes cash, Bitcoin, and equity stakes, offering balance against market fluctuations.
- Future Expansion: With institutional support, BitMine eyes a U.S. validator launch in early 2026—investors should monitor the January 15 shareholders’ meeting for updates.
Conclusion
BitMine Immersion Technologies’ Ethereum holdings continue to set benchmarks in the crypto investment landscape, with its 3.97 million ETH treasury reflecting a commitment to Ethereum’s growth potential. Backed by top-tier institutions and fortified by a robust asset mix reaching $13.3 billion, the firm is poised for strategic advancements like its validator network. As cryptocurrency adoption accelerates into 2026, BitMine’s moves signal broader institutional confidence—stakeholders are encouraged to track ongoing developments for informed positioning in this evolving market.
