Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.144 Million Tokens, and Total Crypto and Total Cash Holdings of $14.2 Billion

Core Insights - Bitmine is the largest 'fresh money' buyer of ETH globally, owning 3.43% of the total ETH supply, which is approximately 4.14 million ETH valued at $3,196 per ETH [1][2][3] - The company's total crypto and cash holdings amount to $14.2 billion, including $915 million in cash and a $25 million stake in Eightco Holdings [1][2] - Bitmine plans to hold its Annual Stockholder Meeting on January 15, 2026, at the Wynn Las Vegas, where key agenda items include increasing authorized shares and approving an incentive plan [1][7][8] Company Holdings and Performance - As of January 4, 2026, Bitmine's total staked ETH is 659,219, valued at $2.1 billion, reflecting an increase of 250,592 ETH in the past week [3][4] - The company is working on its staking solution, MAVAN, which is expected to launch in early 2026, aiming to provide secure staking infrastructure [4][3] - Bitmine's stock is among the most traded in the US, with an average daily trading volume of $1.1 billion, ranking 44th among US-listed stocks [1][6] Strategic Goals and Market Position - Bitmine's strategy focuses on creating shareholder value through the accumulation of ETH, optimizing yield on holdings, and pursuing selective acquisitions [3][1] - The company is supported by prominent institutional investors, including ARK's Cathie Wood and Pantera, which bolsters its goal of acquiring 5% of the ETH supply [1][3] - The Chairman, Thomas "Tom" Lee, expressed optimism about Ethereum's prospects in 2026, citing favorable market conditions and increased adoption among younger generations [3][1]