Bitmine ETH Holdings Surge Past 6 Million Tokens

Bitmine Immersion Technologies (BMNR), a blockchain technology infrastructure company, has announced that its Ethereum holdings have reached over 6 million tokens. This milestone is significant, as it represents 4.9% of the total ETH coin supply of 122.1 million.

In an interview, Thomas 'Tom' Lee, Chairman of Bitmine, stated, 'We are already seeing the synergies and positive network effects from our accumulating nearly 5% of ETH total supply.'

The company's holdings also include $672 million in cash and marketable securities, as well as a stake in Eightco (NASDAQ: ORBS), valued at approximately $115 million.

Bitmine has been actively acquiring Ethereum tokens for the past year, with Lee stating that 'we have bought ETH each and every week since the inception of the ETH Treasury Strategy on June 30, 2025.'