BitMine now owns more than 3.0% of the ETH token supply, two-thirds of the way to the ‘Alchemy of 5%’
BitMine Immersion Technologies BMNR a Bitcoin and Ethereum Network Company with a focus on the accumulation of crypto for long term investment, today announced BitMine crypto + cash + “moonshots” holdings totalling $12.1 billion.
As of November 30th at 6:30pm ET, the Company’s crypto holdings are comprised of 3,726,499 ETH at $3,008 per ETH (Coinbase), 192 Bitcoin (BTC), $36 million stake in Eightco Holdings (ORBS) (“moonshots”) and unencumbered cash of $882 million.
“In the past week, BitMine acquired 96,798 ETH tokens. As we look ahead to December, the Fusaka upgrade, aka Fulu-Osaka, is scheduled for activation December, 3rd and delivers an array of improvements in scalability, enhanced security, and usability. The Federal Reserve is taking several key steps in December, including ending QT (quantitative tightening) and is expected to cut interest rates again on December 10th. We are now more than 7 weeks past the October 10th liquidation shock event, meaning the crypto market has found its bearings again. Collectively, we see these acting as positive tailwinds for ETH prices and thus, we stepped up our weekly purchases of ETH by 39%,” said Thomas “Tom” Lee of Fundstrat, Chairman of BitMine.
BitMine crypto holdings reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (MSTR), which owns 649,870 BTC valued at $59 billion. BitMine remains the largest ETH treasury in the world.
“We continue to make progress on our staking solution known as The Made in America Validator Network (MAVAN). This will be the ‘best-in-class’ solution offering secure staking infrastructure and will be deployed in early calendar 2026,” continued Lee.
The GENIUS Act and SEC’s Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.
BitMine BMNR is now one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $1.7 billion (5-day average, as of Nov 28, 2025), ranking #39 in the US, behind Salesforce.com (rank #38) and ahead of General Electric (rank #40) among 5,704 US-listed stocks (statista.com and Fundstrat research).
BitMine BMNR will hold its annual shareholders meeting at the Wynn Las Vegas on January 15, 2026.
BitMine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support BitMine’s goal of acquiring 5% of ETH
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