Bitmine's ETH Holdings Top 4.06 Million, Total Crypto and Cash Reach $13.2 Billion

Bitmine's ETH Holdings Top 4.06 Million, Total Crypto and Cash Reach $13.2 Billion

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News Editor 01
2026-07-23 21:45:15
Bitmine Immersion announces 4.066M ETH, $1B cash, and total assets of $13.2B, becoming the world's largest Ethereum treasury. The company plans to launch its MAVAN staking solution in early 2026 and will hold its annual meeting on January 15, 2026.
BitmineBMNREthereumcorporate treasurycrypto holdings

LAS VEGAS, Dec. 22, 2025 — Bitmine Immersion Technologies (NYSE AMERICAN: BMNR) disclosed total crypto, cash, and “moonshots” holdings of $13.2 billion. As of 3:00 p.m. ET on December 21, the company held 4,066,062 ETH, valued at $2,991 each on Coinbase, representing 3.37% of Ethereum's total supply (120.7 million ETH). Bitmine also owns 193 BTC, a $32 million stake in Eightco Holdings (NASDAQ: ORBS), and $1.0 billion in cash.

Global Ethereum Treasury Leader

Bitmine now ranks as the largest Ethereum treasury worldwide and the second-largest corporate crypto treasury globally, behind Strategy Inc. (MSTR, holding 671,268 BTC worth $59 billion). In the past week alone, the company added 98,852 ETH, crossing the 4 million mark in just 5.5 months. “This is a tremendous milestone,” said Thomas “Tom” Lee, Chairman of Bitmine and co-founder of Fundstrat. “We are making rapid progress toward the 'alchemy of 5%,' and our substantial ETH holdings are already generating synergies. Bitmine is a key entity bridging Wall Street's move onto the blockchain via tokenization.”

Annual Meeting and MAVAN Staking

Bitmine will hold its annual stockholders meeting at the Wynn Las Vegas on January 15, 2026. Agenda items include electing eight directors, approving a charter amendment to increase authorized common shares, adopting the 2025 Omnibus Incentive Plan, and a non-binding advisory vote on the executive chairman's performance-based compensation. Stockholders may vote by mail, phone, or internet (AALvote.com/BMNR) by January 14, 2026, at 11:59 p.m. ET. The meeting will be livestreamed on Bitmine's X account (@bitmnr).

Lee also revealed progress on the company's staking solution, the Made in America Validator Network (MAVAN), described as a “best-in-class” secure staking infrastructure slated for early 2026 deployment.

Liquidity Ranks 66th in the US

According to Fundstrat data, BMNR stock averaged $1.7 billion in daily dollar volume over the trailing five trading days, ranking 66th among 5,704 US-listed stocks, ahead of Chevron (67th) and behind Wells Fargo (65th). Bitmine is backed by a premier institutional investor group including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital, and individual investor Thomas Lee.

Bitmine's business lines span Bitcoin mining, synthetic Bitcoin mining, hashrate financial products, advisory, and hosting services. Its operations are based in low-cost energy regions in Trinidad, Texas (Pecos and Silverton). The company views the GENIUS Act and the SEC's “Project Crypto” as transformative for financial services, comparable to the end of Bretton Woods and the gold standard in 1971.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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