BitMine added 98,852 Ethereums to its position, and the holdings of the world’s largest Ethereum treasury exceeded 4 million.
BitMine Immersion Technologies (BMNR), the world's largest Ethereum (ETH) corporate reserve company, issued an announcement today (22nd) stating that the company added another 98,852 ETH purchases last week, bringing its total Ethereum holdings to officially exceed 4 million.
(Preliminary summary: BitMine added 102,000 ETH, "total holdings are approaching 4 million ETH", Tom Lee: The encryption market has recovered from the impact in October)
(Background supplement: When Ethereum fell below US$2,800, BitMine added 30,000 ETH, holding an excess of 3.3% Supply)
BitMine Immersion Technologies (BMNR), the world's largest Ethereum (ETH) corporate reserve company, issued an announcement today (22nd) stating that the company added another 98,852 ETH purchases last week, bringing its total Ethereum holdings to officially exceed 4 million, further consolidating its leading position in the global corporate ETH treasury.
ETH holdings account for 3.37% of the global supply
According to the announcement, as of 3 pm ET on December 21, BitMine’s overall asset portfolio covers cryptocurrency, cash and strategic investments (Moonshots), with a total scale of US$13.2 billion. The specific asset allocation is as follows:
- 4,066,062 ETH
- 193 Bitcoin (BTC)
- $1 billion cash position
- $32 million equity investment in Eightco Holdings (NASDAQ: ORBS)
BitMine stated that its ETH holdings are equivalent to approximately 3.37% of the 120.7 million ETH circulating supply is steadily moving towards the company’s long-term goal of “controlling 5% of the global ETH supply”.
Tom Lee: Completed key milestone in 5.5 months
Tom Lee, chairman of BitMine and founder of Fundstrat, pointed out in the announcement that in just 5.5 months, the company completed the major milestone of growing its ETH holdings from zero to more than 4 million.
Lee said that BitMine is rapidly moving towards what he calls "5% Alchemy (5% Alchemy)" and has begun to show the multiple synergistic effects brought about by its large ETH holdings. He pointed out that BitMine is gradually becoming an important key node connecting Wall Street capital and blockchain tokenization transformation.
In addition, Lee also revealed that the company is continuing to promote its own staking infrastructure solution - "Made in the United States Verifier Network (MAVAN)", with the goal of officially launching it in early 2026 to provide high-security, enterprise-level Ethereum staking services.
