Bitmine Adds Another 10k+ ETH to Treasury, Cements Position as Largest Corporate Holder

Bitmine Immersion Technologies has continued its aggressive accumulation strategy by adding another 10,399 Ethereum (ETH) coins to its treasury over the past week.

This brings its total holdings to just shy of 5.8 million ETH, with a value of around $10.9 billion given the asset's recent retreat from over $1,900 to under $1,850.

Bitmine Chairman Tom Lee believes that ETH's recent outperformance signals strengthening crypto fundamentals, noting that it outperformed the Nasdaq 100 by 25% in July, its strongest month in a year since July 2025.