Bitmine announced a $300 million Ethereum purchase, lifting its ETH holdings to 4,066,062 at $2,991 per ETH as of December 21, 2025. The treasury also includes 193 Bitcoins, $1 billion in cash, and a $32 million stake in Eightco Holdings’s moonshots, bringing total assets to about $13.2 billion and roughly 3.37% of the total ETH supply.
Bitmine is now the leading Ethereum treasury and the second-largest global crypto treasury, behind Michael Saylor’s Strategy Inc. (MSTR), which has about $59 billion in BTC. Bitmine Immersion Technologies, listed on the NYSE American as BMNR, recently acquired 98,852 ETH for about $300 million, further boosting its ETH holdings to 4,066,062.
In a Monday press release, the company reiterated the December 21 holdings and highlighted its growing role as a gateway to Wall Street’s tokenization of blockchain assets. Thomas “Tom” Lee of Fundstrat, Bitmine’s chairman, said the firm is making rapid progress toward the “alchemy of 5%,” noting that substantial ETH holdings are delivering synergies as Bitmine positions itself as a bridge to DeFi and tokenization developments. The company counts supporters including ARK’s Cathie Wood, Founders Fund, Pantera, Kraken, DCG, and Galaxy Digital.
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