According to Onchain Lens, Bitmine (BMNR) bought 24,266 ETH worth about $75.37 million last week and now holds 4,167,768 ETH valued at $12.9 billion. Source: Onchain Lens on X (Jan 12, 2026). Bitmine Immersion Technologies stated in a press release that its ETH holdings reached approximately 4.168 million tokens and that its combined crypto and cash holdings total $14.0 billion. Source: Bitmine Immersion Technologies press release via PR Newswire. The implied average executed price for the weekly buy is roughly $3,107 per ETH, calculated from the reported transaction value and size. Source: Onchain Lens on X.

According to James Van Straten, Bitcoin BTC remains stable around $105,000, defying the Federal Reserve's decision to hold interest rates steady and ongoing Israel-Iran conflicts that typically pressure risky assets; this resilience is partly due to the bitcoin treasury narrative, with 235 entities now holding BTC, a 27-entity increase in 30 days. However, derivatives indicators such as reduced open interest at $55.3 billion and a BTC put/call ratio of 1.13 suggest elevated caution, as liquidation risks cluster near $103,000-$106,000, potentially triggering sharp moves if the price breaks its 42-day range.