BitMine Ethereum Holdings Top $15 Billion After Another Massive Token Purchase
BitMine Immersion Technologies (BMNR) has continued its aggressive Ethereum (ETH) buying spree, adding over 28,000 tokens to its stash in just one week. According to a recent 8-K filing, BitMine's ETH treasury now stands at 5,929,198 tokens, valued at $2,495 per token on Coinbase.
This has resulted in a combined crypto, cash, and moonshot holdings total of $15.7 billion for the company as of September 7. Notably, this figure is only slightly increased from the previous week's total of $15.6 billion, when BitMine's ETH stash first crossed 5.9 million tokens.
The company has been actively buying Ethereum every week since June 30, 2025, with its staking operations now running independently after ending an outside agreement on September 8.