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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BitMine's Crypto Holdings Surpass 1.52 Million ETH To Become Second-Biggest Crypto Treasury - BitMine Immersion Techs (AMEX:BMNR)
BitMine Immersion Technologies (AMEX:BMNR) disclosed that its crypto holdings have exceeded $6.61 billion, including 1.52 million Ethereum (CRYPTO: ETH) tokens, making it the world's largest Ethereum treasury and the second-largest crypto treasury globally. What Happened: As of Aug. 17, the company's holdings include 1,523,373 ETH valued at $4,326 per token, along with 192 Bitcoin (CRYPTO: BTC). The latest figure represents a $1.7 billion increa…
BitMine Immersion (BMNR) is the #1 ETH treasury in the world, now 2nd largest crypto treasury globally and the 10th most liquid US stock, trading $6.4 billion per day on average
/PRNewswire/ -- (NYSE AMERICAN: BMNR) BitMine Immersion Technologies ("BitMine" or the "Company") today announced crypto holdings exceeding $6.612 billion. As...
BitMine Surges Past $6.6 Billion in Holdings to Become 2nd-Largest Crypto Treasury
BitMine Immersion Technologies has accumulated over $6.612 billion in cryptocurrency holdings, establishing itself as the world's largest Ethereum treasury and second-largest crypto treasury globally, the company announced in a press release Monday.The Las Vegas-based company now holds 1.523 million ETH tokens valued at approximately $6.6 billion, alongside 192 Bitcoin. This represents a $1.7 billion increase from $4.9 billion reported just one …
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.
Ethereum ETFs Explode With Record Inflows, Outshining Bitcoin
Ethereum-based funds decisively outperformed Bitcoin products last month, earning the title of “ETF of the Month” from Bloomberg analysts. While Bitcoin ETFs remain larger in scale, Ethereum’s strong inflows have shifted market attention. Eric Balchunas credited BitMine’s $6.6 billion ETH treasury as a catalyst for institutional acceptance, while Bitget Wallet’s CMO Jamie Elkaleh explained that profit-taking hasn’t slowed the broader trend. “ De…
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