BitMine Increases Ethereum Investment by $140 Million
Date: 2025-12-18 Author: Gabriel Deangelo Categories: BUSINESS
BitMine, one of the largest corporate holders of Ethereum, has acquired an additional 48,049 ETH, representing approximately $140 million. According to Lookonchain analysts, the purchases were made from a hot wallet on the FalconX exchange, with the funds transferred to newly created addresses.
The company has not yet officially confirmed these investments. According to its latest announcement on December 15, 2025, BitMine controls 3.96 million ETH, valued at approximately $11.63 billion at the current exchange rate. The average purchase price for Ethereum is $3,074, while at the time of writing, the cryptocurrency is trading at $2,932, reflecting unrealized losses of over $559 million.
Company CEO Tom Lee noted that 2025 has been a year filled with positive developments for the crypto market. Among these, he highlighted the passage of favorable legislation by the US Congress and improved regulation, as well as active support from Wall Street. These factors, he said, strengthen confidence in the future growth of digital assets. Lee emphasized that BitMine continues to accumulate Ethereum, striving for the company's strategic goal of controlling 5% of the total asset supply, which he called the "alchemy of 5%."
Additionally, BitMine is actively working on its own staking solution, the Made in America Validator Network (MAVAN), scheduled to launch in early 2026. This new project will allow the company to offer clients secure and efficient Ethereum staking services.
Bloomberg previously reported that the median decline in US and Canadian DAT stocks was 43% year-over-year, highlighting the contrast with BitMine's strategy of long-term digital asset holding.
The expansion of its Ethereum portfolio and the launch of MAVAN demonstrate the company's confidence in the cryptocurrency market's potential and its intention to capture a significant market share, despite short-term price fluctuations. BitMine continues to strengthen its position by combining asset accumulation with the development of new services for investors.
