Bitmine Boosts Ethereum Holdings to Near 6 Million Tokens

Bitmine Immersion Technologies has significantly increased its Ethereum holdings, purchasing another 27,180 tokens last week. This brings its total to nearly 6 million ETH, worth around $14.89 billion, which is roughly 4.9% of the cryptocurrency's supply.

This purchase was slightly smaller than the previous week's addition of 28,086 ETH, lifting Bitmine's holdings to 5.93 million tokens. The company has been buying Ethereum every week since starting its treasury strategy on June 30, 2025, with Chairman Tom Lee noting that 'ETH is the best-performing macro asset during the quarter, outperforming the S&P 500 by 5,866bp through last Friday.'

Bitmine's total holdings now value at $15.8 billion, including its Ethereum, 212 Bitcoin, $549 million in cash and securities, and stakes in Beast Industries and Eightco Holdings worth $180 million and $98 million, respectively.