Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Crypto's 'Best Days Are Ahead': Tom Lee's Bi
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Crypto's 'Best Days Are Ahead': Tom Lee's Bi
Crypto's 'Best Days Are Ahead': Tom Lee's Bitmine Immersion Adds $320M of Ether
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.
By Krisztian Sandor|Edited by Stephen Alpher
Dec 15, 2025, 2:12 p.m.
Thomas Lee, Fundstrat Capital co-founder and CIO, Bitmine chairman (CoinDesk)
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 ETH$3,129.14 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 BTC$89,377.43 stack and stake in Worldcoin-focused digital asset treasury Eightco (ORBS) — stood at $13.2 billion.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
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
Ethereum NewsEthereum Treasury Digital Asset TreasuryBitmineThomas Lee
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- 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.
View Full Report
More For You
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.
What to know:
- 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.
Read full story
Latest Crypto News
CoinDesk 20 Performance Update: Ethereum (ETH) Gains 2% as Index Trades Flat
Juventus Fan Token Slides Over 13% After Tether Bid Rebuff, Even as Club Shares Surge
Ripple Expands $1.3B RLUSD Stablecoin to Ethereum L2s via Wormhole in Multichain Push
Kula Brings $50M of Impact Investing Onchain With Community-Governed RWA Model
Bitcoin Doesn’t Need Another Bull Run. It Needs An Economy
Real-World Asset DeFi Moves Into Sports Finance With Tokenized Football Club Revenues
Top Stories
Michael Saylor's Strategy Made Second Consecutive $1B Bitcoin Purchase Last Week
JPMorgan Launches Tokenized Money Market Fund on Ethereum as Wall Street Moves Onchain
Bitcoin's Parabolic Arc Snaps: Trader Peter Brandt Eyes $25K Crash Floor
Doha Bank Issues $150M Digital Bond Using Euroclear’s DLT Platform
UK Plans to Start Regulating Cryptocurrency in 2027
XRP Spot ETFs Rack Up 30-Day Inflow Streak in Divergence From Bitcoin, Ether
Market Opportunity
Best Wallet Price(BEST)
$0.00381
$0.00381$0.00381
USD
Best Wallet (BEST) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
XRP gaat multichain: 5 inzichten uit Ripple’s strategie op Solana Breakpoint
Ripple zet een duidelijke stap richting een bredere rol voor XRP binnen het multichain-ecosysteem. Tijdens het Solana Breakpoint-event lichtte Luke Judges, Global
Share
Coinstats2025/12/16 00:17
Market Direction and Use Case Comparison for 2026 –
The post Market Direction and Use Case Comparison for 2026 – appeared on BitcoinEthereumNews.com. Cryptocurrency markets remain mixed as major assets show varying
Share
BitcoinEthereumNews2025/12/16 00:21
How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings
The post How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings appeared on BitcoinEthereumNews.com. contributor Posted: September 17, 2025 As digital assets continue to reshape global finance, cloud mining has become one of the most effective ways for investors to generate stable passive income. Addressing the growing demand for simplicity, security, and profitability, IeByte has officially upgraded its fully automated cloud mining platform, empowering both beginners and experienced investors to earn Bitcoin, Dogecoin, and other mainstream cryptocurrencies without the need for hardware or technical expertise. Why cloud mining in 2025? Traditional crypto mining requires expensive hardware, high electricity costs, and constant maintenance. In 2025, with blockchain networks becoming more competitive, these barriers have grown even higher. Cloud mining solves this by allowing users to lease professional mining power remotely, eliminating the upfront costs and complexity. IeByte stands at the forefront of this transformation, offering investors a transparent and seamless path to daily earnings. IeByte’s upgraded auto-cloud mining platform With its latest upgrade, IeByte introduces: Full Automation: Mining contracts can be activated in just one click, with all processes handled by IeByte’s servers. Enhanced Security: Bank-grade encryption, cold wallets, and real-time monitoring protect every transaction. Scalable Options: From starter packages to high-level investment contracts, investors can choose the plan that matches their goals. Global Reach: Already trusted by users in over 100 countries. Mining contracts for 2025 IeByte offers a wide range of contracts tailored for every investor level. From entry-level plans with daily returns to premium high-yield packages, the platform ensures maximum accessibility. Contract Type Duration Price Daily Reward Total Earnings (Principal + Profit) Starter Contract 1 Day $200 $6 $200 + $6 + $10 bonus Bronze Basic Contract 2 Days $500 $13.5 $500 + $27 Bronze Basic Contract 3 Days $1,200 $36 $1,200 + $108 Silver Advanced Contract 1 Day $5,000 $175 $5,000 + $175 Silver Advanced Contract 2 Days $8,000 $320 $8,000 + $640 Silver…
Share
BitcoinEthereumNews2025/09/17 23:48