Crypto
Bitmine Hits $15.6 Billion Assets, Dominates Ethereum Treasury
Bitmine Immersion Technologies, Inc., the leading Ethereum Treasury company, has announced that its total assets have reached $15.6 billion, including 5.9 million ETH tokens and $541 million in cash and marketable securities.
The company's ETH holdings make up 4.9% of the total ETH coin supply, placing it among the largest holders of ETH in the world.
Bitmine's Chairman, Thomas 'Tom' Lee, attributed the outperformance of Ethereum to its increasing use relative to Bitcoin, driven by Wall Street tokenization and agentic-AI adoption.