BitMine Emerges as Largest Ethereum Treasury with $4.96B in ETH

• BitMine's ETH portfolio grew by $2 billion in one week to 1.15M tokens.
• Ranked third largest crypto treasury; shares among top 25 US liquid stocks.
• Backed by institutional investors including ARK, Pantera, and Galaxy Digital.

BitMine Immersion Technologies (BitMine) announced that its Ethereum holdings have surpassed 1.15 million tokens, valued at over $4.96 billion as of August 10, 2025.

At that time, Ethereum was priced at $4,311, making BitMine the world’s largest Ethereum holder and the third-largest cryptocurrency treasury behind MicroStrategy and Mara Blockchain.

Within a single week, the value of BitMine’s Ethereum portfolio surged by $2 billion, growing from 833,137 ETH valued at $2.9 billion to 1.15 million ETH worth $4.96 billion.

”In just a week, BitMine increased its ETH holdings by $2.0 billion to $4.96 billion (from 833,137 to 1.15 million tokens), lightning speed in the company's pursuit of the 'alchemy of 5%' of ETH,” said Thomas ”Tom” Lee of Fundstrat, Chairman of BitMine's Board of Directors.

BitMine launched its Ethereum treasury strategy on June 30, 2025, and in less than two months, achieved key milestones by becoming a leader in Ethereum holdings and one of the most visible cryptocurrency companies in the U.S. public market.

Currently, BitMine’s shares rank among the top 25 most liquid stocks in the U.S., with an average daily trading volume of $2.2 billion.

The company is supported by prominent institutional investors, including Cathie Wood's ARK Invest, MOZAYYX, Founders Fund, Bill Miller III, Pantera Capital, Kraken, Digital Currency Group, and Galaxy Digital.