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Bitmine Holds Nearly 4 Million ETH, Stock Trades Near 1.03x mNAV

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ETH
$2,992.640.34%
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BTC
$88,297.900.06%
Bitmine Immersion Technologies holds 3,967,210 ETH, valued at $12.2 billion as of Dec. 14. ETH price remains a key focus for investors tracking the firm’s exposure. The company also holds 193 BTC, an $800 million equity stake in Eightco, and $1 billion in cash, totaling $13.2 billion in crypto and cash. Bitmine’s stock closed at $34.74 on Dec. 15, trading near 1.03x mNAV with a $14.8 billion market cap. ETH analysis suggests continued interest in institutional-grade crypto holdings.
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