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="🧵">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.
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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

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