bitmine

The Q4 2025 crypto rout is pushing Digital Asset Treasuries (DATs) to their breaking point. BitMine Immersion, the titan of Ethereum treasury management, has officially reported a staggering $3.5 billion unrealized loss on its ETH holdings, casting a shadow over the firm's aggressive accumulation strategy.
​As Ethereum consolidated between $2,600 and $2,750 following a brutal 40% Q4 correction, BitMine’s books have bled between $3.5 billion and $4.2 billion in paper losses over the last 60 days.
Conviction vs. Capitulation
​Despite the red ink, BitMine Chairman Tom Lee remains an unwavering ETH bull. Doubling down on the narrative that tokenization and the stablecoin explosion are inevitable tailwinds, Lee has deployed $14.6 billion to secure a massive 3.7 million ETH stockpile.
​While Lee continues to "buy the dip," the industry is witnessing a divergence in strategy. Competitors SharpLink and ETHZilla have buckled under the pressure, forced to liquidate their holdings and abandon their Ethereum-centric models entirely. This wave of distressed selling has sparked fears of a "treasury death spiral," as DATs now control a significant 5.6% of the total ETH supply, rivaling even the largest Spot ETFs.
​The Whale Wall: Institutional Demand Surges
​While some treasuries flee, "Smart Money" is stepping in to provide a floor. Liquid Capital founder Jack Yi recently confirmed a massive $1.72 billion ETH purchase after the asset touched the $2,600 level in November.
​Yi isn't finished, signaling intent to deploy another $1 billion into the market.
 His message to the market was blunt: 
“We strongly advise against shorting. Undoubtedly, this will be a historic opportunity.”
​On-chain data supports this institutional appetite. The cohort of "Whales" holding between 10,000 and 100,000 ETH has ramped up accumulation aggressively throughout late 2025, now commanding a combined 21 million ETH.
​Valuation Gap: Is $4,200 Next?
​From a fundamental perspective, ETH appears significantly undervalued at its current $2.9K handle. According to proprietary valuation models:
​7 out of 10 key metrics are currently flashing a "Strong Buy" signal.
​The "Fair Value" for ETH is currently pegged at $4,200, representing a 45% upside potential from current prices.
​Historically, these metrics have been eerily accurate. In March, the model predicted a move to $2.5K when ETH was trading at $1.5K; that target was hit by May. Similarly, a June projection of $3.6K was realized just one month later.
​While the "BitMine Bet" currently sits in the red, the massive divergence between current market prices and fair value suggests that Tom Lee’s conviction might be rewarded—provided the treasury can survive the volatility long enough to see the recovery.#Ethereum #ETH #Bitmine #WriteToEarnUpgrade

📅 December 23 | United States
While much of the crypto market is caught between caution and year-end profit-taking, BitMine seems to be operating under a completely different logic. Far from slowing down, it's accelerating. At a time when Bitcoin usually grabs the headlines, Ethereum is quietly building its own institutional narrative, and Tom Lee wants to make sure he's at the center of it.

📖BitMine, the Ethereum-focused treasury firm led by Fundstrat co-founder Tom Lee, reportedly added another $88 million worth of ETH to its balance sheet on Monday, reinforcing its aggressive accumulation strategy.
According to Arkham, on-chain analyst Lookonchain reported that BitMine acquired 29,462 ETH through BitGo and Kraken. While these transactions have not yet been officially confirmed by the company, they align with its recent pattern of sustained purchases.
In parallel, BitMine officially confirmed that the company, listed on the NYSE, purchased 98,852 ETH last week, raising its total holdings to 4,066,062 ETH. The average purchase price is $2,991 per ether, implying a treasury value of approximately $12 billion at current prices.
The firm thus consolidates its position as the largest corporate holder of Ethereum in the world, executing a strategy explicitly designed to capture 5% of the circulating ETH supply.

Topic Opinion:
In a market accustomed to short-term narratives, Tom Lee is betting on something deeper: programmed scarcity + financial infrastructure. If Bitcoin represents the digital reserve, Ethereum represents the operating engine of the on-chain financial system, and BitMine is buying a direct stake in that engine.
💬 Will corporate ETH accumulation change the supply dynamics?

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#Ethereum #ETH #TomLee #Bitmine #CryptoNews $ETH

Bitmine Immersion Technologies has officially crossed a historic milestone, revealing that its Ethereum holdings have exceeded 4 million tokens. The company’s latest disclosure — published on December 22 — confirms that Bitmine now owns roughly 4.066 million ETH, representing around 3.37% of Ethereum’s circulating supply.
This massive accumulation places Bitmine among the largest institutional holders of Ethereum, a list typically dominated by exchanges, custodians, and early ecosystem investors — not publicly traded corporations.
The pace of its buying spree is striking. Bitmine reportedly acquired nearly 99,000 ETH in just one week, hitting the 4 million mark in only five and a half months since launching its Ethereum-centric treasury strategy.
While the aggressive move underscores growing corporate confidence in Ethereum, it also revives ongoing concerns over concentration risk, market liquidity, and treasury behavior during market stress.
According to company data, Bitmine’s combined crypto and cash reserves now total roughly $13.2 billion, including about $1 billion in cash and smaller allocations to Bitcoin and other digital assets. Ethereum now makes up the overwhelming majority of its balance sheet — effectively tethering Bitmine’s financial performance to ETH’s price action.
In the broader corporate crypto landscape, Bitmine now ranks first in total Ethereum holdings worldwide. However, it still trails Strategy Inc. in total digital asset value, as Strategy’s heavyweight Bitcoin position keeps it in the lead. The contrast highlights a growing divergence in corporate treasury models — with some companies anchoring to Bitcoin and others favoring Ethereum or alternative majors.
Looking ahead, Bitmine plans to deploy staking infrastructure for its ETH reserves starting in early 2026. This move could generate additional income but also introduces regulatory and operational complexities, especially at such a large scale.
Meanwhile, Bitmine’s BMNR shares have been as volatile as the crypto market itself — gaining 10% last Friday even as the five-day chart shows an 18.55% drop. Over 30 days, BMNR has slipped just 1.24%, but zoom out, and the stock is still up a remarkable 282% year-to-date.
Bitmine’s Ethereum milestone underscores just how fast digital asset treasuries (DATs) can reshape crypto ownership dynamics. Whether this growing concentration stabilizes markets or creates new challenges remains a question only time — and price — will answer.
#Binance #Bitmine $ETH
Data → Liquidity → Price. Stay sharp, Dhuka Family!
TRADE NOW 👇👇👇

Bitmine has crossed a notable threshold in corporate crypto accumulation, reporting ethereum holdings of more than 4 million tokens after a rapid buildup over the past several months.

Bitmine’s Ethereum Stack Tops 4 Million Tokens
Bitmine Immersion Technologies disclosed that it now holds approximately 4.066 million ethereum, representing about 3.37% of the network’s circulating supply, according to figures the company released on Dec. 22.
The disclosure places Bitmine among the largest known institutional holders of ether, a position typically occupied by exchanges, custodians, and early ecosystem participants rather than publicly traded companies.
The pace of accumulation stands out. Bitmine emphasized that it added nearly 99,000 ETH in the span of a single week and reached the 4 million mark roughly five and a half months after beginning its ethereum-focused strategy.

That speed may impress supporters, but it also raises familiar questions about concentration risk, liquidity, and how such large treasuries might behave during periods of market stress.
Company data show Bitmine’s combined crypto and cash holdings totaling about $13.2 billion, including $1 billion in cash and smaller allocations to bitcoin and other assets. Ethereum accounts for the overwhelming majority of that balance, making Bitmine’s financial profile closely tied to ETH price movements rather than diversified operational revenue.
In treasury rankings, Bitmine now claims the largest known ethereum holdings globally, trailing only Strategy Inc. in overall crypto treasury value due to Strategy’s sizable bitcoin position. The comparison highlights a growing split among crypto-focused public companies: some anchor their balance sheets to bitcoin, others to ethereum, with some focusing on other altcoin majors.
Bitmine has also pointed to plans for staking infrastructure tied to its ETH reserves, targeting deployment in early 2026. While staking could generate yield, it also introduces operational and regulatory considerations that remain unsettled, particularly for firms holding assets at this scale.

Bitmine’s BMNR shares have been riding the same choppy waves as the broader crypto downturn, even as the stock managed to post a tidy 10% gain at Friday’s close. Five-day data from NYSE American tell a less cheerful story, with BMNR down 18.55%, while the 30-day snapshot shows a milder 1.24% retreat. Still, zoom out far enough and the picture flips, as the stock is up an eye-catching 282% year-to-date.
For now, the milestone points to how quickly digital asset treasuries (DAT) can reshape ownership dynamics on major blockchains-whether that proves stabilizing or awkwardly lopsided is a question the market has not yet answered.
#Binance #wendy #Bitmine $ETH