BitMine Immersion (BMNR) Announces ETH Holdings Reaching 3.24 Million Tokens and Total Crypto and Cash Holdings of $13.4 Billion

Rhea-AI Summary

BitMine Immersion (NYSE AMERICAN: BMNR) reported combined crypto, cash and "moonshots" holdings of $13.4 billion as of Oct 19, 2025. Holdings include 3,236,014 ETH (reported at $4,022/ETH), representing ~2.7% of ETH supply, 192 BTC, a $119 million stake in Eightco Holdings (ORBS) and $219 million in unencumbered cash. The company said it acquired 203,826 ETH over the prior week and described itself as the world’s largest ETH treasury and #2 global crypto treasury behind MSTR. BitMine also reported high trading liquidity with a $2.1 billion 5-day average daily dollar volume, ranking #33 among U.S. stocks.

Positive

• Total crypto + cash + moonshots holdings of $13.4 billion
• ETH holdings of 3,236,014 tokens (≈2.7% of supply)
• Acquired 203,826 ETH during the most recent week
• Unencumbered cash balance of $219 million
• Average daily dollar trading volume of $2.1 billion (5-day avg), rank #33 US

Negative

• None.

Insights

Equity Treasury Strategist

BitMine reports large ETH accumulation and $13.4B crypto+cash holdings, signalling sizeable treasury build.

BitMine's balance sheet now lists 3,236,014 ETH at $4,022 per ETH, $219 million in unencumbered cash, $119 million in a listed stake, and total crypto+cash+"moonshots" of $13.4 billion. The company states it holds 2.7% of ETH supply and aims for an "alchemy of 5%" target, reflecting an explicit treasury-accumulation strategy.

The main dependencies and risks are price and share-liquidity dynamics tied to disclosed facts. The firm notes recent ETH price pressure and increased open interest, and reports very high trading liquidity with a $2.1 billion average daily dollar volume (5-day) and a top-50 US trading rank. These facts imply the balance-sheet strength depends on ETH market levels and the company maintaining its trading liquidity.

Watch for concrete milestones disclosed: further ETH purchases toward the 5% goal and periodic updates to holdings and cash. Near-term signal dates include ongoing disclosures after Oct. 19, 2025 valuation points and any updates to average trading volume or institutional investor support. Expect material updates as ETH accumulation progresses; monitor holdings, cash, and trading-volume figures over the next few reporting events.

10/20/2025 - 08:30 AM

BitMine Crypto + Cash Holdings + "Moonshots" total $13.4 billion, including 3.24 million ETH tokens, unencumbered cash of $219 million, and other crypto holdings

BitMine now owns 2.7% of the ETHtoken supply, passing the halfway point as it moves towards the 'Alchemy of 5%'

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 33rd most traded stock in the US, trading $2.1 billion per day (5-day avg)

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 5% of ETH

LAS VEGAS, Oct. 20, 2025 /PRNewswire/ -- (NYSE AMERICAN: BMNR) BitMine Immersion Technologies ("BitMine" or the "Company") a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, today announced crypto BitMine crypto + cash + "moonshots" holdings totalling $13.4 billion.

As of October 19th at 6:30pm ET, the Company's crypto holdings are comprised of 3,236,014 ETH at $4,022 per ETH (Bloomberg), 192 Bitcoin (BTC), $119 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and unencumbered cash of $219 million.

BitMine crypto holdings reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc (MSTR), which owns 640,250 BTC valued at $69 billion. BitMine remains the largest ETH treasury in the world. 

"The crypto market saw one of its largest deleveraging events ever last week and this put downward pressure on ETH prices. Open interest for ETH sits at the same levels as seen on June 30th of this year (ETH was $2,500). Given the expected Supercycle for ethereum, this price dislocation represents an attractive risk/reward.  We acquired 203,826 ETH tokens over the past week pushing our ETH holdings to 3.24 million, or 2.7% of the supply of ETH," said Thomas "Tom" Lee of Fundstrat, Chairman of BitMine. "We are now more than halfway towards our initial pursuit of the 'alchemy of 5%' of ETH."

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 $2.1 billion (5-day average, as of October 17, 2025), ranking #33 in the US, behind Costco (rank #32) and ahead of Eli Lilly (rank #34) among 5,704 US-listed stocks (statista.com and Fundstrat research).

"BitMine continues to attract institutional investor capital as our high liquidity is appealing. The combined trading volume share of BitMine and MSTR is now 88% of all global DAT trading volume. We continue to lead our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock," said Lee.

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 Trinidad; Pecos, Texas; and Silverton, Texas.

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.

FAQ

How many ETH does BitMine (BMNR) hold as of October 19, 2025?

BitMine reported holding 3,236,014 ETH as of October 19, 2025.

What is the dollar value of BitMine's crypto, cash and moonshots on Oct 19, 2025?

The company reported combined holdings of $13.4 billion in crypto, cash and moonshots.

What percentage of the ETH supply does BMNR own after its recent purchases?

BitMine said its ETH holdings represent approximately 2.7% of total ETH supply.

How much ETH did BitMine acquire in the week before Oct 19, 2025?

BitMine reported acquiring 203,826 ETH over the prior week.

How much unencumbered cash does BitMine (BMNR) have on hand?

The company reported $219 million of unencumbered cash.

What is BMNR's trading liquidity and US ranking as of mid‑October 2025?

BitMine reported a $2.1 billion average daily dollar volume (5‑day avg) and a #33 US ranking by dollar volume.