BitMine Crypto Holdings Exceed $8.8 Billion, Institutional Investors Support Acquisition Goal

BitMine's crypto + cash holdings have exceeded $8.82 billion, a $2.2 billion increase from last week's report. The company holds 1.71 million ETH tokens, 192 BTC, and $562 million in unencumbered cash. Supported by a premier group of institutional investors, BitMine aims to acquire 5% of ETH and maintains its position as the #1 Ethereum treasury and #2 global treasury.

BitMine Immersion Technologies (BMNR) has announced that its crypto + cash holdings have exceeded $8.82 billion, marking a $2.2 billion increase from last week's report. The company now holds 1.71 million ETH tokens, 192 BTC, and $562 million in unencumbered cash. This significant growth is supported by a premier group of institutional investors, including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, and Galaxy Digital, all aiming to help BitMine acquire 5% of ETH.

As of August 24, 2025, at 5:30 PM ET, BitMine's crypto holdings are valued at approximately $8.82 billion, making it the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc (MSTR) which owns 629,376 BTC valued at $71 billion. BitMine launched its ETH Treasury strategy on June 30, 2025, and has since made substantial progress, adding over 190,500 tokens in the past week alone.

Thomas "Tom" Lee, Chairman of BitMine and of Fundstrat, highlighted the company's high trading liquidity, stating, "At BitMine, we are leading our crypto treasury peers by the high trading liquidity of our stock." The GENIUS Act and SEC's Project Crypto are seen as transformational to financial services in 2025, similar to the US action on August 15, 1971, which ended Bretton Woods and the USD on the gold standard. Lee continues to believe Ethereum is one of the biggest macro trades over the next 10-15 years, with Wall Street and AI moving onto the blockchain expected to lead to a greater transformation of today's financial system.

BitMine is now one of the most widely traded stocks in the US, with an average daily dollar volume of $2.8 billion (5-day average, as of August 24, 2025), ranking #20 among 5,704 US-listed stocks. The company's corporate presentation can be found at https://bitminetech.io/investor-relations/, and for updates, please sign up at https://bitminetech.io/contact-us/.

References:

[1] https://www.newswire.ca/news-releases/bitmine-immersion-bmnr-reigns-as-the-1-eth-treasury-in-the-world-2nd-largest-crypto-treasury-globally-and-the-20th-most-liquid-us-stock-trading-2-8-billion-per-day-on-average-815605230.html

[2] https://www.marketscreener.com/news/bitmine-immersion-bmnr-reigns-as-the-1-eth-treasury-in-the-world-2nd-largest-crypto-treasury-glo-ce7c50d8d98ffe26