Quick take:
- The latest purchase of 98,852 ether brings Bitmine’s ETH holdings to about 3.37% of the total ETH supply.
- The company is now the number 1 Ethereum treasury and the second biggest 2 global crypto treasury, behind Michael Saylor’s Strategy Inc. (MSTR).
- Bitmine counts the likes of ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, and Galaxy Digital among its top backers.
Bitmine Immersion Technologies, Inc. (NYSE AMERICAN: BMNR), the world’s second biggest crypto treasury, last week acquired 98,852 ether, at about $300 million, bringing its total ETH holdings to 4,066,062.
According to the press release on Monday, as of December 21, 2025, the Bitcoin and Ethereum treasury company held 4,066,062 ETH at $2,991 per ETH, 193 Bitcoins, $32 million stake in Eightco Holdings’s moonshots, and $1 billion in cash.
Backed by the likes of ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital, and personal investor Thomas “Tom” Lee, Bitmine is now the number 1 Ethereum treasury and the second biggest 2 global crypto treasury with $13.2 billion in assets, behind Michael Saylor’s Strategy Inc. (MSTR), which has $59 billion in BTC.
Highlighting Bitmine’s goal and fast growth over the past five and a half months, Thomas “Tom” Lee of Fundstrat, Chairman of Bitmine, said in a statement: “We are making rapid progress towards the ‘alchemy of 5%’ and we are already seeing the synergies borne from our substantial ETH holdings. We are a key entity bridging Wall Street’s move onto the blockchain via tokenization. And we have been heavily engaged with the key entities driving cutting-edge development in the defi community.”
Stay on top of things:
Subscribe to our newsletter using this link – we won’t spam!
