Ether: BitMine Boosts Stake to 3.4M Tokens

INFBusiness
05.11.2025
News

Earlier this week, BitMine Immersion Technologies revealed that it had grown its digital asset and monetary reserves to a sum of $13.7 billion. As stated in the formal announcement, the company’s holdings encompass 3.4 million Ethereum tokens.
Furthermore, BitMine possesses $389 million in readily available funds coupled with extra cryptocurrency holdings. This provides the business with approximately 2.8 percent of the Ethereum’s aggregate circulating quantity, placing it on a trajectory to realize its drawn-out objective of possessing 5 percent of the entire ETH in circulation.

In recent days, the firm secured 82,353 ETH tokens. These newly acquired tokens strengthen the company’s leadership as the world’s foremost Ethereum treasury company. Besides its Ethereum stores, BitMine also controls 192 Bitcoin and a $62 million share in Eightco Holdings, a corporation listed on the NASDAQ.
Featuring an average daily transaction volume of $1.5 billion, it now ranks among the 60 most frequently traded equities in the US. This designates BitMine as not just the premier Ethereum Treasury provider but additionally a major participant in digital currency investments. This is displayed in the elevated trading frequency and rising enthusiasm from large-scale investors.
Tom Lee, Chief Executive Officer of BitMine, elaborates: “Ethereum’s core values continue to show notable improvement. The supply of stablecoins on ETH has risen by over 15 percent in the preceding two months, and revenue from applications has touched unprecedented heights. For the most part, pricing is influenced by these fundamentals, but there are instances where the fundamentals establish the groundwork prior to price levels eventually inclining upwards.”
The firm is endorsed by a collection of well-regarded institutional investors, including ARK Invest, Pantera, Kraken, and Galaxy Digital. Via its extended strategy for amassing Ethereum, it intends to gain from the increasing importance of both the network and its functionalities.
To sum up, BitMine is favorably situated to further broaden its leading presence within the Ethereum Treasuries sector. Employing a definite strategic emphasis on the lasting obtaining of Ethereum and strong backing from institutional investors, the company might proceed to develop in subsequent years and benefit from the advancement of the Ethereum sphere.

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