Bitmine Holdings Reaches $17 Billion Mark with 6 Million ETH

Bitmine Holdings has reached an impressive $17.1 billion in assets, largely driven by its acquisition of nearly 6 million ETH.

The company's Ethereum Treasury Strategy, launched on June 30, 2025, aims to hold 5% of the total supply of Ethereum.

As of September 20, Bitmine held 5,983,940 ETH, which constitutes approximately 4.9% of the total circulating supply of ETH, based on a current price of $2,688 on Coinbase.

The firm's strategy involves purchasing additional ETH every week and treating staking as a key element of its treasury strategy.