Bitmine Immersion adds 33,000 ETH, bringing total crypto and cash holdings above $14 billion

6 days ago 2

Led by Chairman Tom Lee, the company now holds 4.14 million ether (ETH), or 3.4% of the total supply.

Jan 5, 2026, 2:57 p.m.

Bitmine Immersion Technologies (BMNR) has announced that it now holds more than 4.14 million ether ETH$3,166.79, approximately 3.43% of the total supply, as it continues to accumulate tokens in an effort to reach its 5% target.

The company’s crypto and cash holdings now total $14.2 billion, including $915 million in cash, 192 BTC and a $25 million stake in Eightco Holdings (ORBS), according to a press release.

Led by Chairman Tom Lee, Bitmine added nearly 33,000 ETH to its treasury during over the past week. Lee has predicted that the price of ether will go as high as $250,000 if bitcoin eventually reaches $1 million.

As of January 4, Bitmine had staked 659,219 ETH, equivalent to approximately $2.1 billion worth. The firm, which currently collaborates with three staking providers, aims to expand this number through the launch of its in-house validator, known as the Made in America Validator Network (MAVAN). It’s set to go live in early 2026.

If fully staked at current rates, the BitMine projects over $1 million per day in staking rewards, given the current Composite Ether Staking Rate (CESR) of around 2.82%.

BMNR’s shares are up 4.4% in early action Monday alongside a rise in the price of ether to $3,171.

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
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CME's overall average daily volume across asset classes hit an all-time high of 28.1 million contracts, with crypto being a key contributor.

What to know:

  • CME Group's cryptocurrency derivatives trading volumes surged to record highs in 2025, with average daily volume more than doubling to 278,000 contracts, valued at around $12 billion.
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