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BitMine Immersion (BMNR) Announces ETH Holdings Reaching 3.5 Million Tokens and Total Crypto and Cash Holdings of $13.2 Billion

1. BitMine holds $13.2 billion in crypto and cash assets. 2. BitMine owns 2.9% of the ETH supply, nearing 5% ownership goal. 3. The Company's stock has high trading volume, ranking 48th in the US. 4. Institutional support includes notable investors like Cathie Wood and Bill Miller III. 5. Upcoming regulations may transform financial services, impacting crypto investments.

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FAQ

Why Bullish?

Strong asset holdings and institutional support usually drive investor confidence; historical examples include Coinbase's listing success due to robust institutional backing.

How important is it?

Given BitMine's key metrics and institutional backing, the article significantly impacts investor perception and future stock performance.

Why Short Term?

Immediate price movements can be influenced by trading volume and performance during Q4, a traditionally strong period for crypto markets.

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BitMine Crypto + Cash Holdings + "Moonshots" total $13.2 billion, including 3.5 million ETH tokens, unencumbered cash of $398 million, and other crypto holdings BitMine now owns 2.9% of the ETHtoken supply, passing the halfway point as it moves towards the 'Alchemy of 5%' BitMine leads Crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock BitMine is the 48th most traded stock in the US, trading $1.6 billion per day (5-day avg) BitMine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support BitMine's goal of acquiring 5% of ETH , /PRNewswire/ -- (NYSE AMERICAN: BMNR) BitMine Immersion Technologies ("BitMine" or the "Company") a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, today announced BitMine crypto + cash + "moonshots" holdings totalling $13.2 billion. As of November 9th at 8:00pm ET, the Company's crypto holdings are comprised of 3,505,723 ETH at $3,639 per ETH (Bloomberg), 192 Bitcoin (BTC), $61 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and unencumbered cash of $398 million. "The recent dip in ETH prices presented an attractive opportunity and BitMine increased its ETH purchases this week," said Thomas "Tom" Lee of Fundstrat, Chairman of BitMine. "We acquired 110,288 ETH tokens over the past week, 34% more ETH acquired compared to the week prior. This pushed our ETH holdings to 3.5 million, or 2.9% of the supply of ETH. We are now more than halfway towards our initial pursuit of the 'alchemy of 5%' of ETH. Additionally, BitMine increased our cash holdings to $398 million from $389 million." BitMine crypto holdings reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (MSTR), which owns 641,205 BTC valued at $67 billion. BitMine remains the largest ETH treasury in the world.  "This past week, BitMine and the Ethereum Foundation hosted an event at the revered NYSE building, hosting many financial institutions for a summit," continued Lee. "To me, it is evident that Wall Street is very interested in tokenizing assets onto the blockchain, creating greater transparency and unlocking new value for issuers and investors. This is the key fundamental story and supports our view that Ethereum is a super cycle story over the next decade." The GENIUS Act and SEC's Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold. BitMine is now one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $1.6 billion (5-day average, as of Nov 7, 2025), ranking #48 in the US, behind Lam Research (rank #47) and ahead of Arista Networks (rank #49) among 5,704 US-listed stocks (statista.com and Fundstrat research). "In the aftermath of crypto's largest ever single day deleveraging event on October 10th, crypto trading volumes are still recovering, which also affect crypto equities. The fourth quarter is seasonally strong for crypto and equity price, and historically encourages investors to increase 'open interest' and therefore, associated trading volumes should improve in coming weeks. BitMine continues to attract institutional investor capital as our high liquidity is appealing. The combined trading volume share of BitMine and MSTR is now 88% of all global DAT trading volume. We continue to lead our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock," said Lee. The company recently released a corporate presentation, which can be found here: https://bitminetech.io/investor-relations/ The Chairman's message can be found here:https://www.bitminetech.io/chairmans-message To stay informed, please sign up at: https://bitminetech.io/contact-us/ About BitMineBitMine is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by our Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas. For additional details, follow on X:https://x.com/bitmnrhttps://x.com/fundstrathttps://x.com/bmnrintern Forward Looking Statements This press release contains statements that constitute "forward-looking statements." The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including BitMine's ability to keep pace with new technology and changing market needs; BitMine's ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of BitMine's business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine's control, including those set forth in the Risk Factors section of BitMine's Form 10-K filed with the Securities and Exchange Commission (the "SEC") on April 3, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of BitMine's filings with the SEC are available on the SEC's website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. SOURCE BitMine Immersion Technologies, Inc.

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