Million

Made in America

Tom Lee

<h4>Quick Breakdown</h4>
<ul>
 <li>Bitmine now holds over 4.06 million ETH, valued at $12.2 billion, following a 13,412 ETH purchase worth $40.61 million.</li>
 <li>​The firm added 98,852 ETH last week at an average price of $2,991 per token, achieving the milestone in 5.5 months.</li>
 <li>Bitmine has reached 67% of its 5% Ethereum supply target, with staking via the MAVAN validator network planned for early 2026.</li>
</ul>
​
Ethereum treasury company Bitmine has crossed a significant threshold, with holdings exceeding 4 million ETH tokens after its latest acquisition. The firm announced on Monday that it <a href="https://x.com/lookonchain/status/2002998857328959928" rel="noopener noreferrer nofollow">bought</a> 13,412 ETH for $40.61 million, pushing total assets to 4.06 million ETH at current prices around $3,000. This purchase caps a week of aggressive buying, totalling 98,852 ETH at an average cost of $2,991 each.
<blockquote class="twitter-tweet">
 <img src="https://s.w.org/images/core/emoji/16.0.1/72x72/1f9f5.png" alt="🧵" class="wp-smiley">BitMine provided its latest holdings update for Dec 22th, 2025:
 $13.2 billion in total crypto + “moonshots”: -4,066,062 ETH at $2,991 per ETH (<a href="https://twitter.com/coinbase?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@coinbase</a>) – 193 Bitcoin (BTC) – $32 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and – total cash of $1.0 billion.…
 — Bitmine (NYSE-BMNR) $ETH (@BitMNR) <a href="https://twitter.com/BitMNR/status/2003127212648624370?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 22, 2025</a>
</blockquote>
&nbsp;​
Chairman Tom Lee called the 4 million mark a tremendous milestone reached in just 5.5 months since launching its Ether strategy in June. With ETH rebounding to $3,000 over the weekend, Bitmine’s stash returned to profit following an October market dip. The company’s conviction in Ethereum remains firm, as it eyes 5% of the total supply, or about 6 million ETH.​
<h3 id="span-bitmine-s-strategic-push-toward-5-supply-goal-span">Bitmine’s strategic push toward 5% supply goal.</h3>
Bitmine now controls roughly 3.3% of Ethereum’s circulating supply, placing it 67% of the way toward its 5% objective, per Strategic ETH Reserve data. Lee highlighted synergies from extensive holdings, including future staking yields. Shares in Bitmine (BMNR) surged 606% over the past six months, driven by its ETH play, and recent trading volume has placed it among the top U.S. stocks.
​The firm plans to deploy the Made in America Validator Network (MAVAN) in early 2026, offering secure staking infrastructure to boost investor returns. This follows prior buys, such as $70 million in ETH during market dips and over 200,000 ETH post-crash, signalling steady accumulation. Investors such as Founders Fund and ARK Invest back Bitmine, adding credibility to its treasury approach.
According to Tom Lee, Ethereum could <a href="https://defi-planet.com/2025/12/tom-lee-predicts-ethereum-could-hit-20k-amid-surge-in-tokenized-assets/" rel="noopener noreferrer nofollow">hit </a>$20,000 by 2026, driven by its dominance in real-world asset tokenization, a sector increasingly adopted by traditional finance. Beyond its price potential, the network boasts technological advancements such as faster transaction speeds and upgrades, reinforcing its utility as a global payment system.
If you would like to read more articles like this, visit<a href="https://defi-planet.com/wp-content/uploads/2025/09/Barriers-and-Skepticism-in-Apples-crypto-security-push-1-3.avifwp-content/uploads/2025/09/Barriers-and-Skepticism-in-Apples-crypto-security-push-1-2.avifwp-content/uploads/2025/10/Proof-of-Personhood-A-Privacy-First-Approach-to-Identity-Verification-scaled-1.avifwp-content/uploads/2025/10/Are-We-Ignoring-the-Ethics-of-Crypto-Staking-scaled-2.avifwp-content/uploads/2025/10/Slippage-Front-Running-and-MEV-The-Hidden-Costs-of-DeFi-Trading-scaled-1.avifwp-content/uploads/2025/09/Next-Technology-Holding-1.avifwp-content/uploads/2025/09/Next-Technology-Holding-1.avifwp-content/uploads/2025/10/Russian-Ruble-Backed-Stablecoin-A7A5-1.avifwp-content/uploads/2025/10/IoTeX-1.avifwp-content/uploads/2025/09/Pepeto-eth-ethereum__17576735955xmMW0sU5j-1.jpgwp-content/uploads/2025/10/featured_BitMine_Dark_Background___Logo_1759753804_1759753804OCMtn2Egta-1.avif" rel="noopener noreferrer nofollow"> DeFi Planet</a> and follow us on<a href="https://twitter.com/PlanetDefi" rel="noopener noreferrer nofollow"> Twitter</a>,<a href="https://www.linkedin.com/company/defi-planet/" rel="noopener noreferrer nofollow"> LinkedIn</a>,<a href="https://www.facebook.com/DeFi-Planet-129907662611402" rel="noopener noreferrer nofollow"> Facebook</a>,<a href="https://www.instagram.com/defi.planet/" rel="noopener noreferrer nofollow"> Instagram</a>, and<a href="https://coinmarketcap.com/community/profile/DeFiPlanet/" rel="noopener noreferrer nofollow"> CoinMarketCap Community</a>.
Take control of your crypto&nbsp; portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
The post <a href="https://defi-planet.com/2025/12/bitmine-surpasses-4-million-eth-holdings-after-40-million-buy/" rel="noopener noreferrer nofollow">Bitmine Surpasses 4 Million ETH Holdings After $40 Million Buy</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

Bitmine Surpasses 4 Million ETH Holdings After $40 Million Buy

Table of Contents

DeFi Planet

Other articles published on Dec 23, 2025

Monero Drops Below $440 as Selling Pressure Accelerates

LINK Surges: Wave 2 Bottom Eyes $14 Rally

Clarity Act Delay Sparks $952M Crypto ETP Outflows as U.S. Regulatory Uncertainty Weighs on Markets

Michael Selig Appointed CFTC Chair, Promises Crypto Reform

THORChain Launches Native Cross-Chain Swap Interface in Public Beta (23 Dec)

SealSend Listing Date Postponed: $SEAL Snapshot 2026 Launch Details

Join our free newsletter for daily crypto updates!