Bitmine reports $14.2 billion in crypto and cash holdings

Bitmine Immersion Technologies Inc. (NYSE American: BMNR) announced its combined crypto, cash and investment holdings totaled $14.2 billion as of January 4.

The company reported holding 4.14 million Ethereum tokens valued at $3,196 per token based on Coinbase pricing, representing 3.43% of the total ETH supply. Additional holdings include 192 Bitcoin, $25 million in Eightco Holdings (NASDAQ: ORBS) stock, and $915 million in cash.

Bitmine has 659,219 ETH tokens staked, generating potential annual staking fees of $374 million at current rates. The company plans to launch its Made in America Validator Network staking solution in the first quarter of 2026.

"We acquired 32,977 ETH in the past week," said Thomas Lee, Chairman of Bitmine and head of Fundstrat. The company claims to be the largest fresh money buyer of Ethereum globally.

Bitmine trades an average daily dollar volume of $980 million over five days, ranking 44th among US-listed stocks by trading volume according to company data.

The company will hold its annual stockholder meeting at the Wynn Las Vegas on January 15, 2026. Shareholders will vote on increasing authorized shares, electing eight directors, approving an incentive plan, and executive compensation arrangements.

Bitmine operates Bitcoin mining facilities in Trinidad and Texas, focusing on cryptocurrency accumulation for long-term investment according to the press release.

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