Bitmine Boosts Crypto Holdings to $14.2B, Eyes 5% of ETH
Bitmine Immersion Technologies, Inc. (NYSE American: BMNR), a major player in the cryptocurrency space, has just revealed that its total crypto and cash holdings have grown to an impressive $14.2 billion. This includes a massive amount of Ethereum, Bitcoin, and cash reserves, showing the company’s strong financial position and aggressive investment strategy.
Bitmine currently holds over 4.1 million Ethereum (ETH) tokens, valued at approximately $13.2 billion based on the current ETH price of $3,196. This represents about 3.43% of the entire Ethereum supply, making Bitmine one of the largest institutional holders of ETH in the world. Additionally, the company owns 192 Bitcoin, has invested $25 million in Eightco Holdings, and holds $915 million in cash. Their high liquidity is reflected in a current ratio of 51.5, meaning they have significantly more liquid assets than short-term liabilities.
Out of their Ethereum holdings, 659,219 tokens are staked, earning passive income at a 2.81% annual return through Ethereum staking. Bitmine also announced they are developing their own staking platform called MAVAN (Made in America Validator Network), expected to launch in early 2026. This move would give them greater control over their staking operations and could generate additional income.
Company Chairman Thomas Lee expressed optimism about Ethereum’s future, especially with increasing support from the U.S. government for crypto technologies. He believes 2026 will be a strong year for ETH growth and adoption.
Bitmine will host its Annual Stockholder Meeting on January 15 at the Wynn Las Vegas. One key topic for the meeting is a vote to increase the company’s authorized shares from 500 million to 50 billion. This would give Bitmine more flexibility for raising capital, performing stock splits, or pursuing acquisitions.
Recently, Bitmine acquired nearly 33,000 more ETH tokens during the last week of 2025 as part of its ongoing plan to reach its goal of owning 5% of all Ethereum tokens in circulation. The company also holds a growing stake in Eightco Holdings, now valued at $36 million, and has invested $23 million into early-stage ventures referred to as “moonshots.”
Bitmine’s stock is currently trading at $31.19 with a market cap of $13.28 billion and a very low price-to-earnings ratio of 2.03, signaling potential value for investors. Over the past five days, the stock has averaged $980 million in daily trading volume, ranking it as the 44th most actively traded stock in the U.S.
With significant crypto assets, strong liquidity, and bold future plans—including building their own staking platform and expanding their ETH holdings—Bitmine is positioning itself as a dominant force in the world of institutional cryptocurrency investment.