BitMine Immersion Bolsters Ethereum Reserves with $112 Million Strategic Acquisition
BitMine Immersion (BMNR), recognized as the world’s second-largest cryptocurrency reserve company, has once again made a significant move in the digital asset market. Earlier today, the firm executed a strategic acquisition, adding approximately $112 million worth of Ethereum (ETH) to its already substantial reserves, underscoring its unwavering confidence in the leading altcoin.
Major ETH Acquisition Confirmed by On-Chain Data
The substantial purchase, involving precisely 33,504 ETH, was reportedly conducted through the institutional trading platform FalconX around 6 AM today. This transaction was meticulously tracked and brought to light by prominent on-chain analyst Ember (@EmberCN), whose monitoring provides critical insights into major cryptocurrency movements.
以太坊最大的财库公司 Bitmine (BMNR) 在今天继续增持了 ETH：
2 小时前从 FalconX 收到 33,504 枚 ETH ($1.12 亿) 。 https://t.co/sNppPBbryahttps://t.co/ri4wFIIplF———————————————————
本文由 @Bitget 赞助｜Bitget VIP，费率更低，福利更狠 https://t.co/hW56FtkYaZ pic.twitter.com/o0kjD4LyjK— 余烬 (@EmberCN) December 11, 2025
BitMine’s Unwavering Commitment to Ethereum’s Future
While BitMine has yet to issue an official statement regarding this specific transaction, the move is entirely consistent with the company’s aggressive accumulation strategy throughout the year. BitMine has repeatedly articulated its ambitious long-term goal: to ultimately hold 5% of Ethereum’s total supply. This bold objective highlights the company’s deep conviction in Ethereum’s pivotal and expanding role within the future global financial ecosystem, positioning it as a cornerstone of next-generation finance.
A Glimpse into BitMine’s Extensive Digital Asset Portfolio
According to its latest 8-K filing, dated December 7, BitMine maintains a robust and diversified portfolio of digital assets and traditional capital. Its holdings include:
- Ethereum (ETH): 3,864,951 ETH
- Bitcoin (BTC): 193 BTC
- Cash Reserves: $1 billion
- Eightco Holdings Shares: $36 million worth of shares in Eightco Holdings, a company focused on Worldcoin (WLD) reserves.
Chairman Tom Lee: A Resolute Bull on ETH
BitMine Chairman Tom Lee remains an ardent and unwavering proponent of Ethereum and the broader cryptocurrency market. Last month, he confidently asserted that Ethereum had “identified a floor around $2,500,” further projecting a potential surge for ETH into the $7,000 to $9,000 range by the end of January next year.
His conviction was recently reiterated during an appearance on the “Farokh Radio” Podcast, where he emphatically stated: “BitMine believes Ethereum has bottomed. Compared to two weeks ago, we have doubled the amount of Ethereum we have purchased.” This declaration underscores the company’s aggressive and timely investment strategy, capitalizing on what it perceives as a critical turning point for the asset.
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