BitMine Immersion Technologies bought 32,977 Ethereum (ETH) in a move that caught the attention of investors and pushed its stock higher. The purchase was reported to be part of the company’s latest crypto asset acquisition in the last week of 2025. BMNR shares rose as traders reacted to the disclosure, with early gains seen in US trading.
32,977 new Ethereum
According to the press release, BitMine now holds approximately 4.143 million ETH on its balance sheet. That amount was given to about 3.43% of the circulating supply, a large share for a publicly traded miner.
The company’s total crypto, cash, and strategic investments are reported to be around $14.2 billion. The new purchase of 32,977 Ether adds scale to an already large position that has been built up in a few months.
Staking and Treasury numbers
About 659,219 ETH in BitMine’s portfolio is currently at risk. That portion is used to generate revenue while the company holds others in stock, reports said. The company’s disclosed plans include expanding its certification operations under a program called the Made in America Certification Network, a move the company expects to push forward by early 2026. The critical figure and new purchases together show that BitMine balances liquidity with income-generating assets.
Source: Yahoo Finance
Market Reaction and Future Shareholder Vote
The market movement was fast. BMNR saw significant trading volume after the announcement, and pre-market figures showed gains of around 4% at times. Traders and institutional desks have flagged the purchase as the reason for the high demand for the stock, while others say the move simply confirms that major players still see value in holding ETH.
The company will also hold its Annual Shareholders’ Meeting on January 15, 2026, where proposals including an increase in authorized shares will be voted on. That meeting adds a corporate governance angle to the market story, as shareholders will weigh in on both crypto strategy and broader currency plans.
Analysts say that the next signs to watch are: daily movements in ETH markets, any new disclosures from BitMine about additional purchases, and volume patterns in BMNR trading. Reports indicate that the company has been one of the biggest active buyers of ETH recently, and continued accumulation could keep interest alive among investors.
Price action in both ETH and BMNR will likely make headlines in the coming weeks as markets digest the full impact of the new holdings.
Featured image from Unsplash, chart from TradingView
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