Stocks

On December 23, 2025, BitMine said in a filing it acquired 98,852 ETH over the past week, bringing its holdings to 4,066,062 ETH at an average cost of $2,991 per ether. The same day, onchain watchers reported about 29,462 ETH, worth roughly $88 million, moved via BitGo and Kraken. The firm aims to accumulate up to 5% of Ethereum's circulating supply.

On 23 December 2025, Bitcoin-focused firm Strategy was reported to have built a $2.19 billion cash reserve to support interest and preferred dividend payments for nearly three years. TD Cowen analysts say this liquidity shift eases balance-sheet concerns, even as the stock's large Bitcoin position and link to crypto sentiment keep volatility high. They also highlight a changing regulatory backdrop and project Strategy's Bitcoin holdings could climb toward 835,000 BTC by the end of fiscal 2027.

BlackRock named its iShares Bitcoin Trust (IBIT) one of three primary investment themes for 2025, alongside short‑term Treasurys and US mega‑cap technology stocks. Despite a roughly 9.6% year‑to‑date decline and Bitcoin's pullback of about 30% from its October peak, IBIT has drawn more than $25 billion this year, with total net inflows since launch near $62.5 billion per Farside Investors.

Bitmine Immersion Technologies said its combined crypto, cash and "moonshot" holdings total about $13.2 billion, after adding 98,852 ETH in the past week to reach 4.07 million ETH and 193 BTC. The ETH trove equals roughly 3.37% of the 120.7 million circulating supply, and its shares averaged $1.7 billion in daily volume as of December 19.

On Monday, Ethereum treasury firm BitMine, led by Tom Lee, added about $88 million in ETH to its holdings, according to onchain data. The NYSE-listed company now reports owning 4,066,062 ETH acquired at an average price of $2,991 per token, valuing its treasury at roughly $12 billion. BitMine's strategy focuses on accumulating 5% of Ethereum's circulating supply while its BMNR stock and ETH price both declined that same day.

Erebor, the digital bank co-founded by Palmer Luckey and backed by Peter Thiel, has reportedly raised $350 million at a $4.35 billion post-money valuation led by Lux Capital. The company recently obtained conditional approval from the OCC and a 12‑month deposit insurance approval from the FDIC, moving it closer to full bank status with a focus on crypto, AI and stablecoin-related services.

ETHZilla disclosed in a late Friday filing that it sold 24,291 ETH at an average price of about $3,068, raising roughly $74.5 million to redeem senior secured convertible notes, with early redemptions set for Dec. 24 and Dec. 30. After the sale, holdings fell to about 69,800 ETH, and the company retired its mNAV tracker to emphasize balance sheet strength, revenue, and tokenization cash flow.

ETHZilla disclosed in a U.S. regulatory filing that it sold 24,291 ETH for $74.5 million at an average price of $3,068.69 per token to reduce its senior secured convertible notes. The firm, which rebranded from 180 Life Sciences Corp on July 29 and shifted to an Ether-focused strategy, now holds about 69,800 ETH, while its shares have fallen sharply amid a broader crypto market pullback.

According to U.Today, BitMine's Ethereum treasury has exceeded 4 million ETH, representing roughly 3.37% of the total supply. The firm added over 500,000 ETH in the past 30 days and began its aggressive accumulation in early July 2025, while a Fundstrat outlook now projects ETH at $1,800–$2,000 in H1 2026, posing potential risks to its NAV.

Italy's Competition Authority (AGCM) imposed a €98.6 million ($115 million) fine on Apple after a probe launched in May 2023, citing App Store policies tied to App Tracking Transparency. The 199-page ruling orders Apple to halt the conduct and report compliance within 90 days, while the company says it will appeal.