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BitMine has announced a major milestone, now holding more than 3.2% of the global ETH supply, moving steadily toward its long-stated goal of acquiring 5%. The company’s combined crypto, cash, and “moonshot” holdings have reached $13.2 billion, including 3.86 million ETH, $1 billion in cash, and additional strategic assets. Chairman Tom Lee says the firm boosted ETH purchases by 156% over the past month, citing strengthening fundamentals following Ethereum’s Fusaka upgrade and expected Federal Reserve policy shifts.
Strong momentum continues as BitMine prepares for its January 15, 2026 shareholder meeting in Las Vegas. Lee’s newly released message, “The Crypto Supercycle is Intact,” forecasts powerful demand ahead, driven by rapid adoption and Wall Street’s push toward blockchain tokenization. BitMine also reaffirmed progress on MAVAN, its upcoming U.S.-built staking infrastructure slated for early 2026.
Trading activity underscores rising investor confidence: BMNR now ranks as the 37th most traded U.S. stock, averaging $1.8 billion in daily volume. Major institutional backers—including Cathie Wood, Founders Fund, Pantera, and Galaxy Digital—continue supporting BitMine’s mission to become the world’s first 5% ETH holder.
