BitMine adds 102,000 ETH to its holdings "Total holdings approach 4 million ETH," Tom Lee: The crypto market has recovered from the October shock

The world’s largest Ethereum (ETH) reserve company, BitMine, announced on the evening of the 15th that it has added another 102,259 ETH over the past week, continuing to advance its core strategy of long-term ETH accumulation.
(Previous update: BitMine invests another $120 million to buy 38,000 ETH! ETH holds steady above $3,100 amid consolidation)
(Background addition: BitMine invests another $110 million to buy 33,000 ETH! Tom Lee calls: ETH has bottomed out)

The world’s largest Ethereum (ETH) reserve company, BitMine Immersion Technologies (BMNR), announced on the evening of the 15th that it has added another 102,259 ETH over the past week, further pushing forward its long-term ETH accumulation strategy.

According to the announcement, BitMine currently ranks as the world’s largest Ethereum treasury, with its ETH holdings rapidly approaching the milestone of “Alchemy of 5%.”

ETH holdings near 4 million

The announcement states that as of 6 PM Eastern Time on December 14, BitMine’s overall asset allocation has reached an unprecedented scale. The announcement shows that BitMine currently holds:

• 3,967,210 ETH
• 193 BTC
• A $38 million strategic stake in Eightco Holdings (NASDAQ: ORBS) (listed as a high-growth investment “Moonshot”)
• $1 billion in cash

Overall, BitMine’s total “cryptocurrency assets + cash + high-growth investments” amount to approximately $13.3 billion, maintaining its leadership in Ethereum reserves and positioning itself as one of the most representative crypto asset treasury companies globally, on par with MicroStrategy.

Tom Lee: Crypto Market Recovered from October Shock

Tom Lee, Chairman of BitMine and founder of Fundstrat, further elaborated on his outlook and long-term strategy for the crypto market in the announcement.

Tom Lee pointed out that BitMine continues to steadily expand its Ethereum holdings, adding only in the past week 102,259 ETH. He stated that recent cryptocurrency prices have shown clear signs of stabilization, indicating that the market is gradually recovering from the price shock of October 10.

He emphasized that 2025 will be a pivotal year for digital assets. The U.S. Congress has passed several milestone-legislation, making the regulatory environment clearer and more friendly. Additionally, Wall Street institutional investors continue to deepen their participation, collectively strengthening confidence in the long-term prospects of crypto assets. Tom Lee said:

“This is the fundamental reason why we continue to accumulate Ethereum and move toward the ‘Alchemy of 5%’ goal.”

Furthermore, he revealed that BitMine is actively promoting a staking solution called the “Made in America Validator Network” (MAVAN). This system will focus on highly secure, compliant staking infrastructure, aiming to become the most competitive solution in its class, with official deployment expected in early 2026.

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