BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 3.03 Million Tokens and Total Crypto and Cash Holdings of $12.9 Billion
Rhea-AI Summary
BitMine Immersion (NYSE AMERICAN: BMNR) reported crypto + cash + "moonshots" holdings of $13.4 billion as of Oct 12, 2025 at 6:00pm ET, including 3,032,188 ETH valued at $4,154 per ETH, 192 BTC, a $135 million stake in Eightco Holdings (ORBS), and $104 million in unencumbered cash.
BitMine says its ETH position equals >2.5% of supply and that it acquired 202,037 ETH in recent days, describing a goal to reach an "alchemy of 5%" ETH ownership. The company cites Fundstrat data showing BMNR averaged $3.5 billion daily dollar volume (5-day avg) and ranks #22 among US stocks by dollar volume.
Positive
- 3,032,188 ETH holdings at $4,154 per ETH
- Crypto + cash + moonshots totaling $13.4 billion
- Average daily dollar volume $3.5 billion (5-day avg)
- Holds $135 million stake in Eightco Holdings (ORBS)
Negative
- ETH position represents >2.5% of total ETH supply (concentration risk)
- Unencumbered cash only $104 million versus $13.4B crypto exposure
- Press release shows inconsistent totals ($12.9B headline vs $13.4B body)
News Market Reaction 10 Alerts
On the day this news was published, BMNR gained 8.35%, reflecting a notable positive market reaction. Our momentum scanner triggered 10 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $1.29B to the company's valuation, bringing the market cap to $16.78B at that time.
Data tracked by StockTitan Argus on the day of publication.
BitMine now owns greater than
BitMine releases October Chairman's Message discussing Ethereum Supercycle
BitMine leads Crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock
BitMine Crypto + Cash Holdings + "Moonshots" total
BitMine is the 22nd most traded stock in the US, trading
BitMine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support BitMine's goal of acquiring
As of October 12th at 6:00pm ET, the Company's crypto holdings are comprised of 3,032,188 ETH at
BitMine crypto holdings reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc (MSTR), which owns 640,031 BTC valued at
"The crypto liquidation over the past few days created a price decline in ETH, which BitMine took advantage of. We acquired 202,037 ETH tokens over the past few days pushing our ETH holdings to over 3 million, or
The GENIUS Act and SEC's Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.
Bitmine also published the October Chairman's Message. This month, we are posting Chairman Lee's keynote at Token2049 held in
"Volatility creates deleveraging and this can cause assets to trade at substantial discounts to fundamentals, or as we say, 'substantial discount to the future' and this creates advantages for investors, at the expense of traders," continued Lee. "This Chairman's Message explains our framework for why we see Ethereum in a Supercycle driven by the AI and Wall Street moving into the blockchain."
BitMine is now one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of
"BitMine continues to attract institutional investor capital as our high liquidity is appealing. The combined trading volume share of BitMine and MSTR is now
The company recently released a corporate presentation, which can be found here: https://bitminetech.io/investor-relations/
The Chairman's message can be found here:
https://www.bitminetech.io/chairmans-message
To stay informed, please sign up at: https://bitminetech.io/contact-us/
About BitMine
BitMine is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by our Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in
For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
https://x.com/bmnrintern
Forward Looking Statements
This press release contains statements that constitute "forward-looking statements." The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including BitMine's ability to keep pace with new technology and changing market needs; BitMine's ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of BitMine's business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine's control, including those set forth in the Risk Factors section of BitMine's Form 10-K filed with the Securities and Exchange Commission (the "SEC") on April 3, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of BitMine's filings with the SEC are available on the SEC's website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bitmine-immersion-bmnr-announces-eth-holdings-exceeding-3-03-million-tokens-and-total-crypto-and-cash-holdings-of-12-9-billion-302581550.html
SOURCE BitMine Immersion Technologies, Inc.