BitMine Immersion Reveals $11.2 Billion in Crypto, 3.63M ETH Tokens
BitMine Immersion Technologies has achieved significant milestones in the cryptocurrency market. The company recently revealed its total crypto and cash holdings amounting to $11.2 billion, incorporating a substantial portfolio of 3.63 million Ethereum (ETH) tokens.
Key Financial Stats
As of November 23, 2025, BitMine’s holdings are detailed as follows:
- ETH Tokens: 3,629,701 ETH, valued at $2,840 each
- Bitcoin Holdings: 192 BTC
- Investment in Eightco Holdings: $38 million stake
- Unencumbered Cash: $800 million
With these assets, BitMine now controls 3% of the total Ethereum supply. The company has made a notable recent acquisition of 69,822 ETH tokens over the past week.
Market Position and Trading Activity
BitMine stands as the largest Ethereum treasury in the world and is the second-largest global treasury behind Strategy Inc., which holds 649,870 BTC valued at $57 billion. The company leads in the velocity of raising its crypto Net Asset Value (NAV) per share, supported by a diverse group of institutional investors such as Cathie Wood from ARK and other prominent names like Pantera and Galaxy Digital.
According to reports, BitMine’s stock is among the 50 most traded on the US exchanges, averaging a daily trading volume of $1.6 billion. This highlights its liquidity and investor interest.
Future Plans and Developments
BitMine is set to host its annual shareholders meeting at the Wynn Las Vegas on January 15, 2026. During this event, the company aims to discuss its strategies in acquiring more of the Ethereum supply and the deployment of the Made in America Validator Network (MAVAN) in early 2026. This network is designed to enhance secure staking infrastructure.
Macro-Economic Context
The current environment of declining crypto prices reflects market liquidity issues faced since October 10. Experts believe this presents a strategic entry point for investors, with potential for recovery as the market stabilizes.
BitMine’s growth trajectory and innovative projects, such as the GENIUS Act, are expected to transform financial services significantly, drawing parallels to the historical shifts initiated by the end of the Bretton Woods system in 1971.
In conclusion, BitMine continues to solidify its position in the cryptocurrency market, with significant assets and strategic plans for future growth. As it seeks to expand its influence in the Ethereum space, investors and market participants will closely monitor its developments.
