Bitmine amasses $14.2b crypto war chest as ETH bets deepen
Bitmine Immersion Technologies said its combined crypto, cash and strategic holdings have climbed to $14.2 billion, underscoring the company’s aggressive push to become the world’s dominant Ethereum treasury.
Summary
- Bitmine, a Bitcoin and Ethereum-focused firm, now holds more than 4.1 million Ether—about 3.4% of the total ETH supply.
- Bitmine is the largest ETH holder globally and the second-largest crypto treasury overall.
- “We are excited about the prospects for Ethereum in 2026 given the multiple tailwinds of US government support for crypto,” said Thomas “Tom” Lee of Fundstrat, Chairman of Bitmine.
As of Jan. 4, Bitmine reported crypto and cash…
