Ethereum News Today: Bitmine Becomes World's Largest Ethereum Treasury With $4.9 Billion Holdings

Bitmine has emerged as the largest Ethereum treasury in the world, holding 1.15 million ETH, valued at approximately $4.9 billion at current prices. This achievement positions the firm as the first to exceed one million ETH in institutional holdings, with its treasury now accounting for 34% of the total Ethereum treasury market [12]. The accumulation occurred rapidly, with Bitmine adding 317,126 ETH—worth nearly $2 billion—in just one week [1].

The company’s Ethereum treasury strategy, launched on June 30, 2025, has been marked by aggressive buying. This has enabled Bitmine to surpass competitors such as SharpLink, which holds just under 600,000 ETH, or 17% of the total treasury market [12]. The speed and scale of Bitmine’s ETH accumulation have drawn comparisons to corporate Bitcoin strategies, particularly those of MicroStrategy, but Tom Lee has outpaced similar efforts, reaching 20% of his 5% supply goal in a single month [1].

Bitmine’s ETH accumulation has had a direct impact on the market. Ethereum has outperformed Bitcoin in recent weeks, rising 23% compared to Bitcoin’s 6% during the same period [6]. Institutional adoption is also evident in the record inflows into Ethereum-based ETFs, which saw more than $1 billion in net inflows in early August 2025—far exceeding Bitcoin’s $178.1 million [5]. This trend highlights growing institutional confidence in Ethereum’s post-merge infrastructure and its long-term value proposition.

The company’s stock, BMNR, has mirrored the momentum of its crypto strategy. Following the announcement of its 1.15 million ETH holdings, the stock surged 14.7% in a single day and reached $60 in after-hours trading [1]. With an average daily trading volume of $2.2 billion, Bitmine has become one of the most actively traded stocks in the U.S. [5]. This reflects strong market participation and investor alignment with the company’s long-term vision.

Bitmine’s chairman, Tom Lee, emphasized the strategic significance of the company’s progress, noting the accelerated pace of ETH acquisition. The firm continues to stake its holdings to generate returns, reinforcing its Ethereum treasury strategy and long-term influence in the market [1]. Lee’s stated goal remains to acquire 5% of the total Ethereum supply—currently estimated at around $25 billion—which would represent a major milestone for corporate crypto ownership [5].

Ethereum’s price has also reflected the growing institutional interest. The asset reached $4,350 on Monday, a three-and-a-half-year high, before settling near $4,300 during Tuesday’s Asian trading session. The price remains just 12% below its all-time high [12]. This upward momentum is supported by strong ETF inflows and the broader narrative of Ethereum as a credible corporate reserve asset [6].

Bitmine’s rise as the leading Ethereum treasury signals a new phase in institutional crypto adoption. The company’s actions are seen as a catalyst for broader Ethereum usage in corporate finance, further enhancing the asset’s role in the global financial system. As the competitive landscape for Ethereum treasury holdings intensifies, the market is likely to see continued price pressure from supply-side dynamics and increased demand from institutional players [5].

Source:

[1] Yahoo, [https://finance.yahoo.com/news/morning-minute-tom-lee-races-122011052.html](https://finance.yahoo.com/news/morning-minute-tom-lee-races-122011052.html)

[5] Decrypt, [https://decrypt.co/334710/morning-minute-tom-lee-races-to-1000000-eth](https://decrypt.co/334710/morning-minute-tom-lee-races-to-1000000-eth)

[6] AInvest, [https://www.ainvest.com/news/ethereum-surges-4-400-bitmine-expands-20b-offering-buy-eth-2508/](https://www.ainvest.com/news/ethereum-surges-4-400-bitmine-expands-20b-offering-buy-eth-2508/)

[12] Coinpaper, [https://coinpaper.com/10457/bit-mine-emerges-as-largest-ethereum-treasury-with-4-96-b-in-eth](https://coinpaper.com/10457/bit-mine-emerges-as-largest-ethereum-treasury-with-4-96-b-in-eth)