Bitmine Immersion Technologies Surpasses $12.8 Billion in Holdings

By Chris Stiles • Monday, January 26 16:29 • Permanent Link

Bitmine Immersion Technologies (BMNR) has announced significant growth in its cryptocurrency and cash holdings. As of January 25th, 2026, Bitmine's crypto holdings comprise 4,243,338 Ethereum (ETH) tokens, 193 Bitcoin (BTC), a $200 million stake in Beast Industries, and a $19 million stake in Eightco Holdings (NASDAQ: ORBS). Additionally, the company holds total cash of $682 million.

The value of Bitmine's 4.243 million ETH tokens, based on Coinbase prices, stands at $12.05 billion. This represents an increase from the previous period as the company had acquired 40,302 ETH in the past week alone. Bitmine's total crypto, cash, and "moonshots" holdings now amount to $12.8 billion. This total includes the mentioned crypto and cash holdings, along with other crypto assets.

Bitmine's recent investment of $200 million in Beast Industries has contributed to the growth of its holdings. Following the investment, the company now owns a 3.52% share of the total ETH supply, indicating a significant progression towards its goal of acquiring 5% of ETH. Bitmine's staked ETH also saw an increase, reaching 2,009,267 tokens with a value of $5.7 billion at $2,839 per ETH.

Additionally, Bitmine is working on launching the Mavan staking solution in Q1 2026, with the aim of further solidifying its position in the ETH staking space. The company is currently the leading ETH treasury and the second-largest global treasury, behind Strategy Inc. (MSTR), which holds 709,715 BTC valued at $61 billion.

Moreover, Bitmine has attracted significant trading activity, ranking as the 91st most traded stock in the US with an average daily trading volume of $1.2 billion. The company's consistent growth and strategic positioning have garnered support from a premier group of institutional investors, including ARK's Cathie Wood, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital, and personal investor Thomas "Tom" Lee.

Bitmine's Chairman, Thomas "Tom" Lee, highlighted the increasing interest in digital assets and crypto at the recent Davos meetings, indicating a growing acceptance of blockchain and crypto assets within traditional financial systems. The company remains optimistic about the future of digital assets, particularly Ethereum, as it continues to strengthen its position in the market.

The market has reacted to these announcements by moving the company's shares 0.94% to a price of $31.16. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.