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BitMine reports 3.97M ETH holdings, equal to over 3.2% of Ethereum's circulating supply

Combined crypto, cash, and equity positions total about $13.3B as of mid-December

BMNR ranks among the most actively traded U.S. stocks with $1.9B daily volume

BitMine Immersion Technologies (NYSE: $BMNR ) has reported a big expansion of its digital asset holdings, disclosing that its Ethereum (CRYPTO: $ETH ) balance has risen to nearly four million tokens alongside cash reserves. The update positions the company among the largest corporate holders of crypto assets globally, based strictly on disclosed figures.

In a statement released on Dec. 15, BitMine said it now holds 3,967,210 ETH as of Dec. 14 at 6:00 p.m. ET. Using a reference price of $3,074 per ETH, the Ethereum position represents the dominant share of the company's digital asset balance. The company also reported ownership of 193 Bitcoin, alongside other crypto-related exposures.

According to the disclosure, the ETH balance represents more than 3.2% of Ethereum's circulating supply of tokens. The company added that it accumulated 102,259 ETH over the past week, reflecting continued growth in its Ethereum position during a period of relatively stable crypto prices.

Total Crypto and Cash Holdings Reach $13.3 Billion

BitMine stated that its combined crypto holdings, cash, and designated "moonshot" investments total approximately $13.3 billion. This figure includes the Ethereum and Bitcoin balances, $1.0 billion in cash, and a $38 million equity stake in Eightco Holdings, a Nasdaq-listed company. The firm grouped these components to present a consolidated view of its balance sheet tied to digital assets and liquidity.

The company described its crypto treasury as the largest Ethereum-focused treasury globally and the second-largest overall crypto treasury, trailing Strategy Inc., which holds over 660,000 BTC. These rankings are based on publicly reported holdings.

Stock Liquidity and Market Activity

BitMine also highlighted trading activity in its shares, reporting an average daily dollar trading volume of $1.9 billion over five days ending Dec. 11. Based on Fundstrat data cited by the company, this level of activity places BitMine as the 41st most traded stock in the United States by dollar volume during that timeframe.

The company attributed this liquidity to sustained market interest and noted continued backing from a range of institutional and individual investors, as disclosed in the announcement.

Looking ahead, BitMine confirmed that its annual shareholders meeting is scheduled for Jan. 15, 2026, at the Wynn Las Vegas. The company also stated that work is ongoing on its staking infrastructure initiative, referred to as the Made in America Validator Network, with deployment targeted for early 2026.