Share this article
Crypto's 'Best Days Are Ahead': Tom Lee's Bitmine Immersion Adds $320M of Ether
The company is likely sitting on about $3 billion in unrealized losses on its holdings of nearly 4 million ether tokens.
Dec 15, 2025, 2:12 p.m.
What to know:
- BitMine Immersion Technology (BMNR) acquired 102,259 ether last week, valued at around $320 million, increasing its holdings to nearly 4 million tokens.
- The company currently has about $3 billion in unrealized losses on its ETH investments.
- Chairman Thomas Lee expressed optimism about the future of crypto, citing positive legislation and Wall Street support as reasons for continued accumulation.
BitMine Immersion Technology (BMNR), the largest Ethereum treasury company, continued its splurge, buying 102,259 in ether through last week, worth roughly $320 million at recent prices.
The latest acquisition, reported on Monday, brought the firm's stash to nearly 4 million tokens, aiming to corner 5% of ether's supply. The company kept its cash holdings steady at $1 billion, while its total holdings — including a minor bitcoin stack and stake in Worldcoin-focused digital asset treasury Eightco (ORBS) — stood at $13.2 billion.
STORY CONTINUES BELOW
Не пропустіть жодної історії.Підпишіться на розсилку Crypto Daybook Americas вже сьогодні. Переглянути всі розсилки
Most digital asset treasuries have slowed or reversed accumulation as token prices and equity valuations came under pressure in in the past months. There's only a few exceptions such as BitMine and bitcoin-centric Strategy (MSTR) that kept adding to their holdings through the correction. However, BitMine is estimated to sitting on around $3 billion in unrealized losses on its ETH holdings, as the second-largest cryptocurrency is trading 36% lower than its August record-high.
"2025 saw many positive developments in digital assets," said chairman Thomas Lee, who's also the founder of analytics firm Fundstrat, "including positive legislation passed by the US Congress and favorable regulations, and by strengthening support from Wall Street."
"These strengthen our conviction that the best days for crypto are ahead and why we continue to accumulate ETH towards our 'alchemy of 5%' target," he added.
Read more: Most Influential: Tom Lee
Більше для вас
Що варто знати:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Більше для вас
Kula Brings $50M of Impact Investing Onchain With Community-Governed RWA Model
The decentralized investment firm is using tokens and DAOs to give local communities direct control over energy and infrastructure projects in emerging markets.
Що варто знати:
- Kula has brought $50 million in impact investing fully onchain, allowing local communities to govern natural resources and energy projects in emerging markets.
- The firm issues governance tokens for projects like a limestone concession in Zambia and hydropower in Nepal, ensuring transparent onchain governance.
- Kula aims to redirect capital to fast-growing economies, empowering communities to participate in decision-making and asset management.
Top Stories
