BitMine Immersion Technologies has reinforced its position as a sector leader after acquiring more than 100 million dollars in ETH. According to Chairman Tom Lee this Monday, institutional Ethereum accumulation reached a historic milestone as 2025 drew to a close. This strategic purchase brings the company’s total holdings to more than 4.14 million tokens at the present time. The corporate treasury now represents approximately 3.4 percent of the total circulating supply of the network.
In this sense, the company took advantage of the last week of December to add exactly 32,977 ETH to its balance sheets. Lee noted that BitMine remains the largest buyer of fresh money for this asset in the world currently. Likewise, the company has far outpaced the acquisition rate of other similar digital treasuries during this period of time. The firm’s ultimate goal is to control five percent of the total circulating supply of Ethereum’s technology blockchain soon.
On the other hand, the purchase announcement was accompanied by an extremely aggressive price prediction from the chairman. Tom Lee projects that Ethereum will reach 250,000 dollars, which would represent an increase of over seven thousand percent. This forecast is based on the fundamental role that the platform plays within today’s global digital economy. Therefore, the chairman’s optimism has boosted BMNR shares by four percent this Monday during the trading session.
The equity expansion strategy to dominate the crypto treasury market
In this way, the board seeks to increase the number of authorized shares from 500 million to 50 billion units. This measure would allow for future stock splits to keep the share price accessible to the general public. In fact, the goal is to stabilize the cost per share at around 25 dollars despite the projected growth. In this manner, the company plans to use the new capital to make selective acquisitions within the digital assets sector.
Likewise, BitMine is established as the second largest crypto asset treasury among publicly traded companies in the world. The firm is only surpassed by Strategy, the sector giant that currently holds 63 billion dollars in Bitcoin. However, BitMine has an additional cash reserve of 915 million dollars for future strategic market operations and purchases. Therefore, the financial strength of the organization attracts more and more high-level institutional investors to its shares.
Will Ethereum be able to reach the six-figure targets proposed by analyst Tom Lee?
As a result, the shareholder vote scheduled for January 14 is crucial for the future of the company. Approval of the compensation and incentive plan will be decisive in retaining key talent within the leading organization. Furthermore, the election of the eight directors will define the strategic direction of the treasury during the upcoming bullish market cycles. Consequently, the investment community closely follows every financial move made by this institutional Ethereum whale.
To conclude, the recent nine percent rally in the price of ETH supports the aggressive accumulation thesis. BitMine has demonstrated impeccable execution capability by taking advantage of low activity periods to expand its dominance. The success of the company is intrinsically linked to the long-term valuation of the criptomonedas ecosystem globally. However, the 250,000 dollar target remains a monumental challenge that requires unprecedented global adoption of the network.
