advertisement
BitMine now owns over 2.5% of ETH token supply, now at midpoint as it moves towards ‘5% Alchemy’
BitMine Releases October President’s Message on Ethereum Supercycle
BitMine leads its cryptocurrency treasury peers in both the speed of increase in cryptocurrency net asset value per share and the high trading liquidity of BMNR shares.
BitMine Crypto + Cash Holdings + “Moonshots” total $12.9 billion, including 3.03 million ETH tokens, untaxed cash of $104 million, and other cryptocurrency holdings.
BitMine is the 22nd most traded stock in the US, trading $3.5 billion per day (5-day average)
BitMine remains backed by a leading group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support BitMine’s goal of acquiring 5% of ETH.
LAS VEGAS, Oct. 13, 2025 /PRNewswire/ — (NYSE AMERICAN: BMNR) BitMine Immersion Technologies (“BitMine” or the “Company”), a Bitcoin and Ethereum networking company focused on accumulating cryptocurrencies for long-term investments, today announced holdings of BitMine crypto + cash + “moonshots” totaling $13.4 billion.
As of October 12 at 6:00 pm ET, the Company’s cryptocurrency holdings are comprised of 3,032,188 ETH at $4,154 per ETH (Bloomberg), 192 Bitcoin (BTC), a $135 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and $104 million uncommitted cash.
BitMine’s cryptocurrency holdings reign as the number one Ethereum treasury and the number two treasury globally, behind Strategy Inc (MSTR), which holds 640,031 BTC valued at $73 billion. BitMine remains the largest ETH treasury in the world.
“The cryptocurrency sell-off in recent days created a drop in the price of ETH, which BitMine took advantage of. We acquired 202,037 ETH tokens in the last few days, bringing our ETH holdings to over 3 million, or 2.5% of the ETH supply,” said Fundstrat’s Thomas “Tom” Lee, president of BitMine. “We are now more than halfway to our initial quest for the ‘5% alchemy’ of ETH.”
The GENIUS Act and the SEC’s Project Crypto are as transformative for financial services in 2025 as the US action on August 15, 1971 that ended Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic titans of Wall Street and today’s financial and payment avenues. These turned out to be better investments than gold.
Bitmine also posted the president’s message from October. This month, we published Chairman Lee’s keynote speech at Token2049 held in Singapore, where Lee discusses the Ethereum supercycle. The related presentation is also posted on the BitMine website.
“Volatility creates deleveraging and this can cause assets to trade at substantial discounts to fundamentals or, as we say, ‘substantial discounts to the future’ and this creates advantages for investors, at the expense of traders,” Lee continued. “This message from the President explains our framework for why we see Ethereum in an AI-driven supercycle and Wall Street moving toward blockchain.”
BitMine is now one of the most traded stocks in the United States. According to Fundstrat data, the stock has traded average daily dollar volume of $3.5 billion (5-day average, as of October 10, 2025), ranking 22nd in the US, behind Coinbase (21st) and ahead of UnitedHealth (23rd) among 5,704 US-listed stocks (statistics.com and Fundstrat research).
“BitMine continues to attract capital from institutional investors as our high liquidity is attractive. The combined trading volume of BitMine and MSTR is now 88% of all global DAT trading volume. We continue to lead our cryptocurrency treasury peers both by the speed of increase in cryptocurrency net asset value per share and the high trading liquidity of our shares,” Lee said.
The company recently released a corporate presentation, which can be found here: https://bitminetech.io/relaciones-inversores/
The president’s message can be found here:
https://www.bitminetech.io/chairmans-message
To stay informed, register at: https://bitminetech.io/contact-us/
About BitMine
BitMine is a Bitcoin and Ethereum networking company that focuses on the accumulation of cryptocurrencies for long-term investments, whether acquired by our Bitcoin mining operations or from proceeds from capital raising transactions. The company’s business lines include Bitcoin mining, synthetic Bitcoin mining through participation in Bitcoin mining, hashrate as a financial product, offering mining and advisory services to companies interested in earning Bitcoin-denominated income, and general Bitcoin advice to public companies. BitMine’s operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.
For additional details, follow X:
Forward-looking statements
This press release contains statements that constitute “forward-looking statements.” Statements contained in this press release that are not purely historical are forward-looking statements that involve risks and uncertainties. This document specifically contains forward-looking statements regarding the progress and achievement of the Company’s objectives with respect to the acquisition and staking of ETH, the long-term value of Ethereum, the continued growth and advancement of the Company’s Ethereum treasury strategy and the benefits applicable to the Company. When evaluating these forward-looking statements, you should consider several factors, including BitMine’s ability to keep up with new technologies and changing market needs; BitMine’s ability to fund its current business, Ethereum treasury operations and proposed future businesses; the competitive environment of BitMine’s business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in the forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine’s control, including those set forth in the Risk Factors section of BitMine’s Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on April 3, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of BitMine’s SEC filings are available on the SEC website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
[newsletter_form lists=”1″]
