Bitmine Immersion Technologies announced that their ETH holdings have reached 4.168 million tokens, along with total crypto and cash holdings of $14.0 billion.
Chairman Tom Lee urges stockholders to support proposal #2 to grow ETH per share.
Bitmine will hold its Annual Stockholder Meeting at the Wynn Las Vegas on January 15, 2026.
ETH Holdings Reach 4.168 Million Tokens
Bitmine now owns 3.45% of the ETH token supply, nearing the 'Alchemy of 5%' target in just 6 months.
Staking and MAVAN Launch
Bitmine's staked ETH stands at 1,256,083, with the MAVAN staking solution on track to launch in Q1 2026.
Institutional Support
Bitmine is backed by notable investors including ARK's Cathie Wood, Founders Fund, and Pantera, to acquire 5% of ETH.
- Bitmine holds a significant position in the crypto market with $14.0 billion in crypto and cash holdings.
- The company's strategic focus on ETH accumulation and innovative staking solutions indicates long-term growth potential.
Bitmine's continuous growth in ETH holdings and strategic initiatives position the company for further success in the crypto market.