AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
BitMine Immersion Technologies Boosts Ether Holdings to $6.61B
ByAinvest
Tuesday, Aug 19, 2025 2:28 pm ET1min read
BitMine Immersion Technologies has increased its ether holdings to $6.61B in the past week, up from $4.96B a week earlier. The company now holds 1.52M ether at $4,326 each.
Title: BitMine Immersion Technologies Expands Ether Holdings to $6.61 BillionBitMine Immersion Technologies (BMNR) has significantly increased its ether (ETH) holdings, bringing the total value of its crypto assets to $6.61 billion. As of August 17, 2025, the company's crypto holdings comprised 1.52 million ETH at $4,326 each, along with 192 bitcoins (BTC), according to a press release [1].
This rapid growth in ETH holdings marks a significant milestone for BitMine, which has been actively accumulating the cryptocurrency since launching its ETH-denominated treasury strategy in late June. The company's holdings now rank as the world's largest corporate ETH treasury and the second-largest crypto treasury globally, trailing only Strategy Inc (MSTR) [2].
BitMine's expansion comes as corporate ether treasuries gain traction, driven by a friendlier U.S. policy backdrop for stablecoins and institutional crypto products. The company's stock has become the 10th most liquid U.S. listing, averaging $6.4 billion in daily trading value [3].
BitMine's chairman, Thomas "Tom" Lee of Fundstrat, emphasized the company's ambition to acquire as much as 5% of ETH's total supply. The company's push to accumulate ETH is part of a broader strategy to position itself as a leader in the crypto treasury space, both in terms of the velocity of raising crypto net asset value (NAV) per share and the high trading liquidity of its stock.
The company's latest increase in ETH holdings reflects a week-over-week rise of approximately $1.7 billion, bringing its total ETH holdings to 1.52 million tokens. This growth underscores the company's ability to attract institutional investors and maintain a strong market presence.
References
[1] https://www.prnewswire.com/news-releases/bitmine-immersion-bmnr-is-the-1-eth-treasury-in-the-world-now-2nd-largest-crypto-treasury-globally-and-the-10th-most-liquid-us-stock-trading-6-4-billion-per-day-on-average-302531968.html
[2] https://www.ainvest.com/news/bitmine-immersion-expands-ether-holdings-6-6-billion-week-2508/
[3] https://cointelegraph.com/news/bitmine-eth-holdings-reach-6-6b-share-price-tumbles
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet