BitMine's growth vision: ETH towards $250,000 and the stock division strategy

Key Points

• Tom Lee, President of BitMine, has outlined an ambitious path that could see Ethereum reach $250,000 per token
• The company has further solidified its position in the Ethereum market, acquiring 32,977 ETH in the last week of 2025
• BitMine’s total holdings will thus reach 4.14 million ETH, worth over $13 billion
• BMNR rose 4% in Monday’s session, in line with market optimism

An Unprecedented Growth Trajectory

During the last week of 2025, despite the overall slowdown in stock and crypto markets, BitMine demonstrated strategic determination by acquiring over $104 million in Ethereum. This move reaffirms the company’s role as a leading ETH accumulator with fresh capital in the global landscape.

Today’s reserves position BitMine to control 3.4% of the total circulating supply of Ethereum. To reach the declared goal of 5%, the company still needs about 1.9 million ETH, a figure reflecting its ambition to become a significant custodian of the most capitalized blockchain after Bitcoin.

Leadership Statements and Price Outlook

Tom Lee has made a projection that captures market attention: a move toward $250,000 per ETH would represent an extraordinary increase from the current price of $3,180. Such a scenario would imply an appreciation of approximately 7,760%, signaling an extremely bullish outlook on the network’s prospects.

Meanwhile, Lee has indicated a future price of $5,000 per BMNR share, directly correlating this valuation with Ethereum’s performance. However, this estimate does not yet incorporate potential stock splits, an element that is central to current corporate dynamics.

Proposal for Increasing Authorized Shares

A key strategic element concerns the approval request to increase the authorized shares from 500 million to 50 billion. Lee emphasized that this measure would enable the company to implement stock splits at the appropriate time, keeping share prices within an accessible range of about $25 to the public.

Stock splits are the predominant factor in this resolution, recognizing the company’s intention to preserve liquidity and accessibility for retail investors, especially amid significant appreciation of the underlying Ethereum.

Market Feedback and Competitive Positioning

BMNR shares appreciated 4% in Monday’s session, reaching $32.49 and accumulating a 14.8% gain over the last five trading days. This movement reflects market confidence in the leadership’s communication initiatives.

BitMine maintains its role as the leading publicly traded Ethereum reserve company, ranking as the second-largest crypto accumulation entity on regulated markets, after Strategy, which holds about $63 billion in Bitcoin. Beyond the $13 billion in ETH, BitMine has $915 million in liquidity and 192 Bitcoin valued at approximately $18 million.

Next Steps

The annual meeting will include votes on additional proposals, including the election of eight directors and the implementation of incentive compensation plans. Lee urged shareholders to favorably vote on the authorization increase proposal by January 14, highlighting that this approval is essential to facilitate selective acquisitions, capital market operations, and, of course, the necessary stock splits to maintain a balanced price structure.