Bitmine Immersion Technologies (NYSE American: BMNR) just dropped a big number on Monday: $14.2 billion. That’s the combined total of its crypto, cash, and what it calls “moonshots,” now anchored by a hefty 3.31 million ethereum ( ETH) stash — enough to give it the crown as the world’s largest ETH treasury.
Bitmine Expands Ethereum Hoard, Tops $14B in Total Holdings
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Bitmine’s Billion-Dollar Bet on Ethereum Deepens
The company’s cache includes 3,313,069 ETH, 192 bitcoin ( BTC), an $88 million stake in Eightco Holdings, and $305 million in unencumbered cash. Bitmine’s growing trove represents roughly 2.8% of ethereum’s total supply, and according to Chairman Tom Lee, the firm is halfway to what it calls the “alchemy of 5%.”
On Monday, Lee described the company’s recent buying spree as a move to take advantage of “price dislocation” in ethereum markets following what he called crypto’s largest deleveraging event in weeks. He added that global trade thawing between the U.S. and China has improved the risk-on appetite that tends to lift digital assets like ETH.
Bitmine’s stock has also become a trading spectacle of its own, ranking as the 46th most traded equity in the United States with a five-day average daily volume of $1.5 billion — sandwiched between Goldman Sachs and Amphenol.
The company sits behind only Strategy Inc. (MSTR) in global crypto treasury size, giving it an increasingly rare seat at the top of the institutional digital-asset table. Its investor roster includes Ark’s Cathie Wood, Founders Fund, Pantera, Galaxy Digital, Kraken, and veteran investor Bill Miller III.
Lee further drew historical parallels between crypto’s current transformation and the U.S. abandonment of the gold standard in 1971, calling the ongoing evolution of digital assets “as transformational to financial services in 2025 as ending Bretton Woods was 54 years ago.”
As trading volumes recover from October’s volatility, Bitmine appears to be doubling down on its mission — one ETH at a time.
FAQ ⏰
- What is Bitmine Immersion’s total crypto and cash value?
Bitmine reports $14.2 billion in combined crypto, cash, and equity stakes. - How much ethereum does Bitmine hold?
The company holds roughly 3.31 million ETH, representing about 2.8% of the total supply. - Who are Bitmine’s major investors?
Investors include Ark’s Cathie Wood, Founders Fund, Pantera, and Galaxy Digital. - Where does Bitmine rank among crypto treasuries?
Bitmine ranks second globally, trailing only Strategy Inc. in total crypto holdings.
