Bitmine Immersion Technologies says its total holdings in crypto, cash, and strategic investments have jumped to $14.2 billion, showing just how serious the company is about becoming the world’s largest Ethereum treasury.
Bitmine, which focuses on both Bitcoin and Ethereum, now holds more than 4.1 million Ether. That’s about 3.4% of all ETH in existence, making Bitmine the largest Ethereum holder on the planet and the second-largest crypto treasury overall.
As of January 4, the company reported holdings led by 4,143,502 ETH, worth around $13.2 billion. It also holds 192 Bitcoin, about $915 million in cash, and a $25 million stake in Eightco Holdings. Bitmine added nearly 33,000 ETH in just the past week, even as crypto markets slowed toward the end of the year.
Thomas “Tom” Lee of Fundstrat, who serves as Bitmine’s chairman, said the company is very optimistic about Ethereum’s future.
“We are excited about Ethereum in 2026,” Lee said, pointing to strong tailwinds like U.S. government support for crypto, growing institutional demand, tokenization, and rising use of digital authentication. He also noted that last year’s rally in commodities and precious metals could help push crypto prices higher as well.
Bitmine is also moving fast on staking. Right now, the company has 659,219 ETH staked, worth about $2.1 billion. That’s a big jump from just a week earlier. At full scale, Bitmine estimates staking could generate more than $370 million a year in fees.
To support this, the company plans to launch its Made in America Validator Network, known as MAVAN, in early 2026.
Looking ahead, Bitmine is asking shareholders to approve an increase in authorized shares at its January 15 annual meeting. Lee said this would give the company flexibility to raise capital, make acquisitions, handle future stock splits, and keep growing its ETH holdings on a per-share basis.
All this activity has put Bitmine firmly on the market’s radar. The company says its stock has been heavily traded, with average daily trading volume close to $1 billion in early January—making it one of the most actively traded stocks in the U.S.
In short, Bitmine isn’t just betting on Ethereum. It’s building its entire future around it.
