Bitmine Immersion has revealed $10.8 billion in combined crypto, cash, and investments, including over 2.15 million ETH, making it the world’s largest ethereum treasury holder.
Bitmine Declares Largest ETH Treasury With Over $10 Billion in Assets
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Bitmine Emerges as Leading ETH Treasury Holder
Bitmine Immersion Technologies (NYSE: BMNR) has reported total assets of $10.8 billion, driven by massive ethereum holdings and strong institutional backing. The announcement cements Bitmine as the largest ETH treasury in the world and the second-largest global crypto treasury overall, behind only Strategy’s bitcoin reserves.
As of Sept. 14, Bitmine’s portfolio includes 2,151,676 ETH valued at $4,632 each, along with 192 BTC, $569 million in cash, and a $214 million equity stake in Eightco, labeled as one of its “moonshot” investments.
“At Bitmine, we are leading our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock,” said Thomas Lee, Chairman of Bitmine.
The company’s aggressive accumulation strategy has attracted support from heavyweight investors such as Cathie Wood’s ARK, Founders Fund, Pantera, Galaxy Digital, and Kraken, as well as prominent individual backers including Bill Miller III and Thomas Lee. Bitmine has openly stated its ambition to acquire 5% of the total ETH supply.
Bitmine’s stock has also surged in popularity, ranking as the 28th most traded equity in the U.S., with average daily volumes of $2 billion over the past five days. With Wall Street-level liquidity and the largest ETH treasury globally, Bitmine is positioning itself at the center of the next financial era, one built on digital assets.
