BitMine Immersion Technologies (BMNR) just unleashed a crypto bombshell: its Ethereum holdings have blasted to 3.97 million tokens, commanding over 3.2% of the entire ETH supply and pumping total crypto and cash reserves to a mind-blowing $13.3 billion.
Hold onto your hashrate, folks—this isn’t just another dip-buy; it’s a full-throttle treasury takeover! As of this writing, BMNR shares are trading around $33, navigating the wild waves of today’s market after the announcement lit up the wires this morning. But let’s zoom in on the rocket fuel here: in the past week alone, BitMine scooped up 102,259 more ETH, riding the stabilization post-October’s price quake. With ETH clocking in at $3,074 per token (Coinbase snapshot from yesterday evening), that’s a hefty $12.2 billion slice of the pie, plus 193 BTC, a $38 million stake in Eightco Holdings (ORBS), and a cool $1 billion in cash to keep the engines humming.
Over 3.2% of Total ETH Supply – Valued at $12.2 Billion
Embed this stat and watch your traffic mine for gold!
BitMine isn’t messing around. This immersion tech powerhouse, rooted in low-cost energy hubs like Trinidad and the Texas badlands of Pecos and Silverton, has pivoted hard into Bitcoin and Ethereum networks. Think mining ops cranking out crypto gold, synthetic hashrate plays, and advisory gigs helping public companies chase BTC-denominated dreams. But the real juice? Their laser-focus on stacking ETH for the long haul, fueled by capital raises and those gritty mining rigs. Backed by heavy hitters like ARK’s Cathie Wood, Founders Fund, Pantera, Kraken, and the one-and-only Tom Lee of Fundstrat as Chairman, BitMine’s gunning for the “Alchemy of 5%”—aiming for 5% of ETH’s supply. Wild? You bet. Genius? Time will tell, but the momentum’s electric.
Oh, and staking? Buckle up. BitMine’s brewing “The Made in America Validator Network” (MAVAN), a top-tier staking setup dropping early 2026. Secure, stateside, and ready to juice yields—because why hold when you can stake and elevate? This comes hot on the heels of 2025’s game-changers: Congress greenlighting the GENIUS Act, SEC’s Project Crypto shaking up the streets like Nixon ditching the gold standard back in ’71. Wall Street’s warming up, and BitMine’s leading the charge as the world’s #1 ETH treasury (sorry, MSTR—you’re #2 with your BTC fortress).
Speaking of trailblazers, remember MicroStrategy’s Bitcoin blueprint that turned heads and treasuries upside down? Or how about Tesla’s $1.5 billion BTC blitz that sent shockwaves through the auto world? BitMine’s ETH odyssey echoes those epic moves, blending bold bets with blockchain brains.
How the Market Reacted When Others Did This
Flashback to Tesla’s 2021 BTC bombshell: shares popped over 2% in the session, while Bitcoin itself rocketed 17% to a then-record $44,200. Corporate America dipping toes into crypto? Instant adrenaline for investors chasing that digital gold rush.
Then there’s MicroStrategy (now Strategy), the OG treasury titan. Early BTC buys supercharged shares—up triple-digits in 2020-21 as they stacked sats. But fast-forward to recent hauls, like their $980 million grab of 10,645 BTC last week: stock dipped 6.5% amid dilution fears from share sales funding the frenzy. YTD? Down 44% despite BTC’s flatline, highlighting the high-wire act of leveraging equity for crypto conquests. And don’t forget Twenty One Capital’s NYSE debut last week—Bitcoin treasury dreams met a 20% share splashdown, even as BTC climbed 3%. Lesson? Crypto treasury pops can fizzle fast in volatile seas, but the bold ones who weather it often emerge as legends.
BitMine’s not flinching. With BMNR boasting massive liquidity—ranking as the 41st most traded U.S. stock with $1.9 billion in average daily dollar volume—the action’s there for the ride. Shareholders’ bash at the Wynn Las Vegas on January 15, 2026? That’s your VIP ticket to the future. Peek at their investor relations here or Tom’s chairman vibes here. As crypto’s phoenix rises from 2025’s ashes, BitMine’s ETH empire could be the spark that lights the next bull blaze. Stay tuned—this treasury tale’s just heating up!
