Bitmine’s ETH Holdings Surpass 4.1 Million, Total Assets Hit $13.2 Billion
Tom Lee’s publicly traded mining and treasury firm, Bitmine Immersion Technologies (BMNR), now controls more than 3% of Ethereum’s circulating supply and is accelerating its staking plans.
In a Monday press release, Bitmine said its combined crypto, cash, and high-risk “moonshot” investments have grown to $13.2 billion, driven by its ETH holdings of over 4.1 million tokens. The company is now the world’s largest publicly owned ether treasury and the second-largest corporate crypto treasury globally, behind bitcoin-focused Strategy (MSTR).
As of Dec. 28, Bitmine’s portfolio included 4,110,525 ETH, 192 BTC, a $23 million stake in Eightco Holdings, and $1 billion in cash, representing roughly 3.41% of Ethereum’s circulating supply.
Bitmine has staked 408,627 ETH ($1.2 billion) and is preparing to launch its Made in America Validator Network (MAVAN) in early 2026. At the current 2.81% staking rate, fully staking its holdings could generate around $374 million annually.
Chairman Thomas Lee said the firm continues to be the largest fresh-money ETH buyer while navigating year-end tax-loss market effects. Ether traded near $2,950 at publication.
