Bitmine Boosts Ethereum Holdings by Nearly 10,000 Tokens Amid Rising Crypto Prices

Bitmine Immersion Technologies continued its streak of purchasing Ethereum (ETH) every week since June 30, 2025. Last week, it added nearly 10,000 ETH to its treasury, bringing the total value to approximately $11.3 billion at current prices.

The company's Ethereum treasury now holds 5,787,4148 ETH, which represents about 4.8% of the total Ethereum supply. This significant holding has been a result of Bitmine's consistent buying strategy.

According to Chairman Tom Lee, the company views the rising ETH/BTC ratio as a sign that crypto prices are strengthening, despite the decreasing odds of passage of the Clarity Act in 2026.