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BitMine's Crypto Holdings Surpass 1.52 Million ETH To Become Second-Biggest Crypto Treasury - BitMine Immersion Techs (AMEX:BMNR)

BitMine's crypto holdings reached $6.6 billion with institutional backing, making it the largest Ethereum treasury and 10th most liquid US stock by daily volume, Fundstrat reported.

  • Crypto treasury data show BitMine Immersion Technologies reported holdings exceeding $6.612 billion as of August 8, 2025, including 1.52 million ETH, with its stock averaging $6.4 billion in daily trading.
  • Amid its push for 5% of ETH supply, BitMine launched its Ethereum treasury strategy on June 30, 2025, closing acquisitions by July 8, and by Aug. 17 held 1,523,373 ETH valued at $4,326 per token.
  • Citing institutional support, Tom Lee said `Our ETH holdings grew by $1.7 billion in just a week, highlighting both institutional confidence and our long-term target of 5% of Ethereum`,
  • Reacting to the treasury news, BMNR shares fell 7% to $54 Monday as Ethereum dropped below $4,300, down 5%, while BTCS advanced 7%.
  • Lee states, 'We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years,' reflecting on future shifts, compared to the 1971 end of the Bretton Woods system.
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As the crypto market evolves in a climate of macroeconomic uncertainty, a large-scale operation has just redefined the balance. In a week, BitMine Immersion Technologies has acquired $1.7 billion in Ethereum, crossing the symbolic threshold of 1% of the total supply in circulation. L的article With 6.6 billion in ETH, BitMine becomes the second largest crypto cash came first on Cointribute.

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PR Newswire broke the news in United States on Monday, August 18, 2025.
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