Crypto
Bitmine Expands Ethereum Treasury to 5.93 Million ETH
Bitmine Immersion Technologies (BMNR) has significantly expanded its Ethereum treasury to 5.93 million ETH, solidifying its position among major corporate crypto holders. BMNR stock currently trades at $24.99.
The company's Ethereum holdings represent about 4.9% of the estimated 122 million circulating supply. Bitmine added another 28,086 ETH during the latest reporting week.
Bitmine's Ethereum position has grown steadily since launching its ETH treasury strategy in June 2025. The company expects blockchain tokenization and growing network activity to support Ethereum demand during coming market cycles.