BitMine announced its holdings on the evening of December 22, 2025,

with total cryptocurrency assets and "moonshots" reaching $13.2 billion,

including 4,066,062 ETH (at $2991/ETH), 193 BTC, $32 million in Eightco Holdings (ORBS), plus $1 billion in cash.

They are still aggressively buying ETH every week, now the largest holder of ETH globally, second only to MicroStrategy's overall crypto treasury.

BitMine is like an ETH magnet, continuing to increase blockchain investments, with Chairman Tom Lee stating this is a milestone towards the "5% ETH alchemy," bridging Wall Street and DeFi, with strong liquidity, ranking 66th in trading volume among U.S. stocks.

Although the official average purchase cost has never been directly disclosed,

the current ETH price is around $2991, with many reports stating they currently have over $3 billion in paper losses,

which indirectly indicates that their overall average cost is likely higher than the current price, estimated in the range of $3700-$4000 (based on previous controversies and higher price points during cumulative purchases).

External estimates are around **$3800+**, but this is not set in stone, as they buy weekly and prices fluctuate greatly.

Tom Lee and the team are committed to long-term holding, believing that there will be a turnaround in the future.

If you really want to invest, it is recommended to check the SEC filings or on-chain wallet tracking for more accuracy, go ETH supporters.