Citing AICryptoCore, Bitmine Immersion Technologies acquired 14,959 Ethereum tokens in a $46 million purchase on December 8, 2025, increasing its total ETH holdings to over 3.86 million tokens. The acquisition, part of the firm’s strategy to obtain more than 3% of Ethereum’s total supply, positions Bitmine as a leading Ethereum treasury. The company, led by Chairman Tom Lee, reported a 156% increase in weekly ETH purchases compared to four weeks ago, signaling confidence in Ethereum’s future price movement.
Bitmine Acquires 14,959 ETH in $46M Purchase, Now Holds Over 3.86M Tokens
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Summary
Bitmine Immersion Technologies added 14,959 ETH in a $46 million purchase on December 8, 2025, raising its holdings to over 3.86 million tokens. The buy aligns with its value investing in crypto strategy, aiming to control more than 3% of Ethereum’s supply. Weekly ETH purchases rose 156% from four weeks ago, showing a strong risk-to-reward ratio outlook. Chairman Tom Lee leads the charge as the firm builds one of the largest Ethereum treasuries.
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