Bitmine Surpasses $15B in Crypto Holdings with ETH Ownership

Bitmine Immersion Technologies (BMNR) has made significant strides in its crypto holdings, reaching an impressive $15.7 billion in total assets.

The company announced that it now holds 5.93 million ETH tokens, which accounts for 4.9% of the total ETH coin supply of 122 million. This marks a major milestone as BMNR is 97% of the way to achieving its goal of owning 5% of the ETH supply in just 15 months.

The company's crypto equities have been the largest contributor to the Russell 1000 this quarter, with four out of the top 21 best-performing stocks being related to crypto. BMNR's common stock has seen a remarkable gain of 99% in the past quarter, making it the fourth-best performing stock.

BMNR's Chairman, Thomas 'Tom' Lee, stated that fund managers benchmarked to the Russell 1000 should consider increasing their exposure to crypto given its outsized contribution to gains this quarter. Lee also noted that BMNR has consistently bought ETH every week since the inception of its treasury strategy in June 2025.