# BitMine Loads Up 190,500 More ETH

*Author: Bankless*
*Published: Aug 25, 2025*
*Source: https://www.bankless.com/read/bitmine-loads-up-190-500-more-eth*

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BitMine said its crypto and cash holdings hit $8.82B after a fresh round of ether purchases, further cementing its role as the biggest corporate Ethereum treasury.

### What’s the Scoop?
- **ETH Holdings:** BitMine now holds 1,713,899 ETH worth about $7.9B.
- **Weekly Add:** The company bought more than 190,500 ETH last week, lifting total assets by $2.2B.  Its portfolio also includes 192 BTC and $562M in cash, returning a net asset value of $39.84 per share.
- **Corporate Treasury Trend:** Public ETH treasuries now hold over $12B, more than 2% of Ethereum’s supply. Peers like SharpLink Gaming and ETHZilla also disclosed large purchases in recent weeks.
- **Global Rank:** BitMine calls itself the No. 2 digital asset treasury worldwide behind Strategy (MSTR), which leads with over 632,000 BTC.

### Bankless Take:
Although embroiled in contest with SharpLink for the title of top Ethereum treasury company, BitMine has begun pulling ahead in recent weeks. Both DATs continue 0n relentless ETH buying binges.

> 🧵1/5BitMine disclosed latest crypto holdings.  As of August 24th at 5:30pm ET:- 1,713,899 [$ETH](https://twitter.com/search?q=%24ETH&src=ctag&ref_src=twsrc%5Etfw), - 192 Bitcoin ($BTC) and - unencumbered cash of $562 million-  fully diluted shares outstanding 221,515,180= BMNR NAV per share $39.84Total NAV $8.8 billion.BitMine is #2… [pic.twitter.com/PjN7nry3bf](https://t.co/PjN7nry3bf)— Bitmine BMNR (@BitMNR) [August 25, 2025](https://twitter.com/BitMNR/status/1959993556669526467?ref_src=twsrc%5Etfw)
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