Bitmine Expands Ethereum Treasury to 5.93 Million ETH
Bitmine Immersion Technologies has significantly expanded its Ethereum treasury to 5.93 million ETH, solidifying its position among major corporate crypto holders.
The company's BMNR stock traded at $24.99 on September 7th, with Bitmine's total holdings valued at $15.7 billion across crypto, cash, and investments.
Ethereum remains the largest component of Bitmine's digital asset portfolio, making up about 4.9% of the estimated 122 million circulating supply.
The company's Ethereum position has grown regularly since launching its ETH treasury strategy in June 2025, with purchases continuing every week since then.
Bitmine's staking operations have also expanded through its Made in America Validator Network (MAVAN), which supports institutions and custodians in addition to the company's own Ethereum treasury.