Bitmine Immersion Technologies, Inc. has just announced its latest financials, revealing a significant increase in its crypto and total cash holdings. As of December 21st, 2025, the company's crypto holdings include 4,066,062 Ethereum (ETH) tokens, valued at $2,991 per token, totaling approximately $12.16 billion. This marks a considerable surge in the company's ETH holdings, with an addition of 98,852 ETH in the past week alone.
In addition to its ETH holdings, Bitmine also holds 193 Bitcoin (BTC) and a $32 million stake in Eightco Holdings (NASDAQ: ORBS), termed as "moonshots." The company's total cash holdings stand at $1.0 billion.
Bitmine's ETH holdings now represent 3.37% of the total ETH supply, which is approximately 120.7 million ETH. The company is on its way to achieving its goal of acquiring 5% of the ETH token supply, a milestone referred to as the "alchemy of 5%."
The company's total holdings, including crypto, total cash, and "moonshots," amount to $13.2 billion. The press release also highlights the company's leading position as the #1 Ethereum treasury and the #2 global treasury, with MicroStrategy Inc. (NASDAQ: MSTR) holding the top position with 671,268 BTC valued at $59 billion.
Bitmine's rapid accumulation of ETH tokens has been attributed to its efforts to bridge traditional finance with blockchain-based assets, particularly within the decentralized finance (DeFi) community. The company's Chairman, Thomas "Tom" Lee of Fundstrat, emphasized the significance of Bitmine's ETH holdings in driving synergies and its pivotal role in the evolving landscape of Wall Street's engagement with blockchain and tokenization.
Furthermore, the press release also sheds light on Bitmine's trading activity, positioning it as the 66th most traded stock in the US, with an average daily trading volume of $1.7 billion. The company's high trading liquidity is underscored as a key differentiator in the crypto treasury space.
Bitmine's upcoming initiatives include the deployment of its staking solution, the Made in America Validator Network (MAVAN), in early 2026, aiming to offer secure staking infrastructure.
The company's annual stockholders meeting is scheduled to take place at the Wynn Las Vegas on January 15, 2026. The agenda includes the election of directors, charter amendment approval, and the 2025 omnibus incentive plan, among other items.
The market has reacted to these announcements by moving the company's shares 9.95% to a price of $31.26. Check out the company's full 8-K submission here.
