Bitmine Immersion reports $13.2 billion in crypto and cash holdings
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Bitmine Immersion Technologies Inc. (NYSE AMERICAN: BMNR) announced its cryptocurrency and cash holdings totaled $13.2 billion as of December 21. The company reported owning 4.066 million Ethereum tokens, representing 3.37% of the total ETH supply of 120.7 million tokens.
The holdings breakdown includes 4,066,062 ETH valued at $2,991 per token according to Coinbase pricing, 193 Bitcoin, a $32 million stake in Eightco Holdings (NASDAQ: ORBS), and $1.0 billion in cash. The company added 98,852 ETH tokens in the week prior to the announcement.
According to the press release, Bitmine's stock has averaged $1.7 billion in daily trading volume over a five-day period as of December 19, ranking it 66th among U.S.-listed stocks by trading volume.
The company will hold its annual stockholders meeting at the Wynn Las Vegas on January 15, 2026, from 12:00 p.m. to 3:00 p.m. PST. The agenda includes electing eight directors, approving a charter amendment to increase authorized shares, approving the 2025 Omnibus Incentive Plan, and approving executive compensation arrangements.
Shareholders must register in advance by January 13 at 11:59 p.m. Eastern Time to attend the meeting in person. The meeting will be livestreamed on the company's social media account.
Thomas Lee of Fundstrat serves as Chairman of Bitmine. The company operates Bitcoin mining facilities in Trinidad, Pecos, Texas, and Silverton, Texas, according to the press release.
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