Form 8-K · Current Report · Filed 2025-09-22
BitMine Announces Crypto Holdings Exceeding 2% of Ethereum Supply
BitMine Immersion Technologies, Inc. announced on September 22, 2025, that its crypto holdings, including 2.416 million ETH tokens, exceed 2% of the Ethereum network's total supply. The company's total crypto and cash holdings amount to $11.4 billion, with ETH tokens valued at $4,497 each, 192 Bitcoin, a $175 million stake in Eightco Holdings, and $345 million in unencumbered cash. BitMine's Chairman, Thomas 'Tom' Lee, emphasized the company's goal to reach 5% of ETH supply, citing the convergence of Wall Street and AI with blockchain technology as a significant macro trade opportunity.
- Filer
- BMNR BMNR
- Filed
- Accession
- 0001493152-25-014387
- CIK
- 0001829311
- Signal
- Low impact
- Source
- Official filing on sec.gov ↗
Items reported
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$61.29
Next session
-11.1%
Since filing
-71.8%
Latest close
$17.28
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