BitMine Immersion (BMNR) Announces ETH Holdings Reach 3.97 Million Tokens, and Total Crypto and Total Cash Holdings of $13.3 Billion
Rhea-AI Summary
BitMine Immersion (NYSE AMERICAN: BMNR) reported total crypto + total cash + "moonshots" holdings of $13.2 billion as of Dec 14, 2025 at 6:00pm ET. Holdings include 3,967,210 ETH valued at $3,074/ETH, 193 BTC, a $38 million stake in Eightco Holdings, and $1.0 billion in cash. BitMine said it has >3.2% of ETH supply and is two‑thirds toward a 5% ETH target, added 102,259 ETH in the past week, and ranks as the #1 ETH treasury and #2 global crypto treasury. The company also reported average daily dollar trading volume of $1.9 billion (5‑day avg) and set its annual meeting for Jan 15, 2026 at Wynn Las Vegas.
Positive
- $13.2B total crypto + cash + moonshots holdings
- 3,967,210 ETH holdings at $3,074/ETH
- Added 102,259 ETH in the past week
- $1.0B in total cash
- Ranked #1 Ethereum treasury and #2 global treasury
- $1.9B/day average trading volume (5‑day), rank #41 US
Negative
- Concentrated exposure: 3.97M ETH (>3.2% of supply)
- $38M moonshot stake represents ~0.3% of reported assets
Key Figures
Market Reality Check
Peers on Argus
BMNR was down 9.17% while several finance/crypto peers also traded lower: IREN -7.41%, MARA -2.46%, XP -2.89%, PJT -2.56%, VIRT -1.55%. Scanner data did not flag a broad sector momentum move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 08 | Crypto holdings update | Positive | +5.2% | Raised ETH holdings to 3.86M and total crypto+cash to $13.2B. |
| Dec 01 | Crypto holdings update | Positive | -12.6% | ETH holdings hit 3.73M and assets $12.1B ahead of Fusaka upgrade. |
| Nov 24 | Crypto holdings update | Positive | +19.6% | Reported $11.2B assets and ~3.0% of ETH supply with MAVAN plans. |
| Nov 21 | Earnings & dividend | Positive | -0.1% | FY25 EPS $13.39 and first annual dividend plus MAVAN staking plan. |
| Nov 19 | Strategic advisor | Positive | -9.6% | Hired DeMark Analytics to support Ethereum acquisition strategy. |
Recent crypto-treasury and strategy updates have produced mixed reactions, with both strong rallies and sharp selloffs on broadly positive-sounding news.
Over the past six weeks, BitMine has repeatedly reported larger Ethereum holdings and rising crypto + cash + “moonshots” balances, from $11.2B on Nov 23 to $13.2B on Dec 7. Updates highlighted ETH accumulation toward a 5% supply goal, high trading liquidity, and the planned MAVAN staking launch, alongside FY25 EPS of $13.39 and a dividend. Market reactions have alternated between double‑digit gains and pullbacks, underscoring volatile sentiment around these disclosures.
Regulatory & Risk Context
The company has an effective S-3ASR shelf registration dated 2025-07-28, expiring 2028-07-28, with at least 2 recorded takedowns via 424B5 prospectus supplements. This structure enables the company to access capital markets opportunistically, subject to market conditions and board decisions.
Market Pulse Summary
This announcement details BitMine’s growing Ethereum-focused treasury, with 3,967,210 ETH, total crypto + cash + moonshots of roughly $13.2B, and cash of $1.0B. It reiterates ambitions to reach 5% of ETH supply and deploy the MAVAN staking network in early 2026. Recent filings highlight an effective S-3ASR shelf and active equity programs, so future capital structure changes and ETH price behavior remain key variables to track.
Key Terms
eth technical
bitcoin technical
btc technical
staking technical
validator technical
treasury financial
AI-generated analysis. Not financial advice.
BitMine now owns more than
BitMine Crypto + Total Cash Holdings + "Moonshots" total
BitMine will hold its annual shareholders meeting at the Wynn Las Vegas on January 15, 2026
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 is the 41st 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 December 14th at 6:00pm ET, the Company's crypto holdings are comprised of 3,967,210 ETH at
"BitMine continues to add steadily to its ETH holdings, adding 102,259 ETH in the past week. Crypto prices have stabilized in the past week, further evidence that crypto prices have begun to recover after the price shock of October 10th," said Thomas "Tom" Lee of Fundstrat, Chairman of BitMine. "2025 saw many positive developments in digital assets including positive legislation passed by the US Congress and favorable regulations, and by strengthening support from Wall Street. These strengthen our conviction that the best days for crypto are ahead and why we continue to accumulate ETH towards our 'alchemy of
BitMine crypto holding reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (MSTR), which owns 660,624 BTC valued at
"We continue to make progress on our staking solution known as The Made in America Validator Network (MAVAN). This will be the 'best-in-class' solution offering secure staking infrastructure and will be deployed in early calendar 2026," continued Lee.
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 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 will hold its annual shareholders meeting at the Wynn Las Vegas on January 15, 2026.
The Fiscal Full Year 2025 Earnings presentation and corporate presentation 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.
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SOURCE BitMine Immersion Technologies, Inc.