Bitmine's Impressive Growth: ETH Holdings Soar as Cash Assets Exceed $14 Billion

Bitmine's Financial Milestone: Ethereal Growth

In an exciting announcement from Bitmine Immersion Technologies, Inc. (BMNR), the company has declared that its holdings of Ethereum (ETH) have reached an extraordinary 4.168 million tokens. Additionally, the company's total assets including cryptocurrency and cash have now topped an impressive $14 billion. This remarkable growth reflects Bitmine's strategic focus on acquiring Ethereum as a core component of its investment strategy.

Chairman Tom Lee is urging stockholders to actively participate in their upcoming annual shareholder meeting by voting YES on proposal #2. This proposal is pivotal in supporting Bitmine’s long-term goal of increasing the number of ETH per share—an initiative that aligns directly with shareholder value maximization.

A Closer Look at the Holdings

As of January 11, 2026, Bitmine’s crypto assets are valued at approximately $3,119 per ETH, amassing about $12.99 billion from their Ethereum holdings alone. The portfolio also includes 193 Bitcoin and a $23 million investment in Eightco Holdings, bringing the total cash reserves to $988 million. These figures indicate that Bitmine controls around 3.45% of the entire supply of Ethereum, a position that they aim to expand further.

Lee emphasizes that 2026 will be a transformative year for the crypto markets, with stablecoin adoption and tokenization poised to make Ethereum a key player on Wall Street. He stated, “We continue to view the leverage reset post October 10, 2025, as akin to a 'mini crypto winter.' 2026 is the year crypto prices recover, with stronger gains expected in 2027-2028.”

Strategic Staking and Future Considerations

Recently, Bitmine acquired an additional 24,266 ETH while simultaneously increasing its cash reserves by approximately $73 million. This demonstrates the company’s strength and strategic planning within the highly volatile crypto space. They remain the largest