Bitmine Adds 98,852 ETH, But BMNR Stock Is Just $2 Away From Disaster
Posted On December 22, 2025
BitMine Immersion Technologies Inc (NYSE:BMNR) added 98,852 Ethereum (CRYPTO: ETH) in the past week as the stock trades around $31 on Monday, just $2 above a critical support level.
BMNR Holdings Hit 4 Million ETH
Bitmine now owns 3.37% of ETH’s circulating supply, two-thirds of the way to Chairman Thomas Lee’s “Alchemy of 5%” target.
The company crossed 4.066 million ETH after just 5.5 months of aggressive accumulation, cementing its position as the world’s largest Ethereum treasury.
Total assets including $1 billion cash, 193 Bitcoin (CRYPTO: BTC), and a $32 million stake in Eightco Holdings Inc. (NASDAQ:ORBS) bring the balance sheet to $13.2 billion.
Stock Trades Like A Mega-Cap
Bitmine stock now trades $1.7 billion per day in average dollar …
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