0:00
0:00
Subscribe to Bankless or sign in
BitMine Immersion Technologies (BMNR) disclosed Monday that it now holds 1,523,373 ETH, worth about $6.66 billion, cementing its status as the world’s largest corporate 
Ethereum treasury.
What’s the Scoop?
- Aggressive Buying: The firm added 373,110 ETH last week, lifting holdings by $1.7 billion from the prior week’s 1.15 million ETH.
- Biggest ETH Treasury: BitMine says its stash makes it the top ETH holder among public firms and the No. 2 digital asset treasury overall, trailing only Michael Saylor’s bitcoin-heavy Strategy.
- Long-Term Goal: Chairman Tom Lee reiterated ambitions to acquire up to 5% of ETH’s total supply, calling Ethereum one of the biggest macro trades of the next decade.
- Treasury Race: BitMine’s move comes amid a broader surge in corporate ETH treasuries, with peers like SharpLink Gaming and The Ether Machine also boosting positions in recent months.
0
0
