Bitmine's ether stash tops 4.1 million tokens as crypto and cash holdings reach $13.2 billion
Bitmine (BMNR) now holds over 4.1 million ETH, making its total crypto and cash assets worth $13.2 billion.Summary
Bitmine Immersion Technologies (BMNR), a publicly traded miner and treasury firm chaired by Thomas Lee, announced that its combined crypto, cash, and high-risk investments have reached $13.2 billion. This valuation is largely driven by an Ether (ETH) position exceeding 4.1 million tokens, which represents about 3.41% of Ethereum's circulating supply, positioning Bitmine as the world's largest publicly owned ether treasury. Lee stated that the firm remains the largest "fresh money" buyer of ETH globally, navigating year-end tax-loss selling pressures. Bitmine has staked 408,627 ETH and plans to launch its Made in America Validator Network (MAVAN) in early 2026, estimating that fully staking its holdings could yield approximately $374 million in annual staking revenue.
(Source：CoinDesk)