TLDR
- Bitmine Immersion Technologies now controls 4.11 million ETH, representing 3.41 % of the total Ethereum supply.
- The company’s total cryptocurrency and cash holdings have reached 13.2 billion dollars.
- BMNR stock increased by 1.76 percent to trade at 28.81 dollars on December 29, 2025.
- Bitmine reported a fiscal year 2025 net income of 328.16 million dollars with earnings per share of 13.39 dollars.
- The company holds 408,627 ETH in staking and plans to expand this with its MAVAN launch in early 2026.
Bitmine Immersion Technologies, Inc. (NYSE AMERICAN: BMNR) reported increased Ethereum holdings on December 29, 2025, pushing BMNR stock higher. The company now controls 3.41% of the total ETH supply, holding 4.11 million tokens. As a result, BMNR stock climbed 1.76% to $28.81 during early morning trading.
Bitmine Becomes Largest Ethereum Treasury
Bitmine‘s Ethereum holdings reached $12.1 billion, with the ETH price marked at $2,948 per token on December 28, 2025. The company added 44,463 ETH in the last seven days, supporting its strategy to acquire 5% of the ETH supply. This accumulation brings its total cryptocurrency and cash assets to $13.2 billion.
BMNR stock reflects investor confidence, supported by the company’s aggressive approach and growing crypto balance sheet. Thomas Lee of Fundstrat stated, “Bitmine remains the largest fresh money buyer of ETH globally.” Despite selling pressure from tax-loss harvesting, the company’s purchase pace continues.
Bitmine currently has 408,627 ETH staked through three providers. It plans to expand this effort by launching the Made in America Validator Network (MAVAN) in early 2026. If all ETH holdings are staked, Bitmine projects $374 million in annual staking rewards.
Financial Strength and Performance in 2025
Bitmine reported $328.16 million in net income for fiscal year 2025. Fully diluted earnings per share came in at $13.39, strengthening investor confidence. BMNR stock has returned 300.21% year-to-date, sharply outpacing the S&P 500’s 17.41% gain.
The current ratio stands at 51.5, indicating strong liquidity and low financial risk. The company holds $1 billion in cash and minimal debt. It also has $23 million invested in alternative tokens, including a stake in Eightco Holdings.
Institutional support continues from ARK’s Cathie Wood, Pantera, Galaxy Digital, Founders Fund, and Bill Miller III. BMNR stock has become one of the most traded equities in the U.S. It ranks 47th in average daily trading volume at $980 million.
BMNR Stock and Market Metrics
As of December 29, 2025, BMNR stock traded at $28.81, up $0.50 during the early session. The company’s market capitalization is now $12.36 billion. BMNR stock has a 52-week range from $3.92 to $161.00.
Bitmine Immersion Technologies, Inc., BMNR
The average price target for BMNR stock stands at $53.50. Analyst expectations range between $47.00 and $60.00 per share. Strong earnings and ETH holdings have supported the current market position.
BMNR stock saw large trading volumes over the past five sessions. Its daily average reached $980 million, placing it near large-cap stocks like Salesforce.com and GE. The liquidity and investor activity remain high.
Upcoming Shareholder Meeting in January 2026
Bitmine will host its Annual Stockholder Meeting on January 15, 2026, at the Wynn Las Vegas. Shareholders will vote on four key items, including board elections and a charter amendment. Other proposals include the 2025 Omnibus Incentive Plan and performance-based compensation for the executive chairman.
This event could impact BMNR stock depending on the shareholder outcomes. The company continues to expand its Ethereum focus while maintaining a strong capital base. Bitmine’s strategy centers around staking growth and ETH accumulation.
The company expects over $1 million per day in staking income once full ETH deployment is achieved. It continues working with three providers to manage current staked assets. The MAVAN network will enhance its U.S.-based staking footprint.
BMNR stock remains influenced by its Ethereum position, which now leads globally. Strategy Inc. holds the largest crypto treasury, but Bitmine leads in Ethereum assets. Bitmine’s acquisition trend and staking plan continue into 2026.
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