Bitmine Immersion Technologies (BMNR) provided a corporate update, disclosing total crypto and cash holdings of $13.2 billion and announcing an acceleration of its Ethereum (ETH) purchasing strategy. The company also reported the resignation of a board member.

Key Details

  • Holdings Update: As of December 7, 2025, the company's holdings include 3,864,951 ETH, 193 BTC, and $1.0 billion in cash, totaling $13.2 billion.
  • Accelerated ETH Purchases: The company acquired 138,452 ETH in the past week, a 156% increase in its weekly buying pace compared to four weeks prior, signaling confidence in the asset.
  • Management Change: Raymond Mow resigned from the Board of Directors, effective December 5, 2025. The filing states the resignation was not related to any disagreement with the company.