Bitmine Surpasses $17 Billion in Treasury Holdings with Latest Ethereum Purchase

Tom Lee's Bitmine has made another significant Ethereum purchase, buying $47 million worth of ETH last week. This brings its total holdings to 6,001,302 ETH, making it the largest Ethereum treasury and second-largest corporate crypto treasury overall.

The company has been actively accumulating Ethereum since June 30, 2025, with a strategy that aims to reach 5% of the circulating supply. Bitmine is now just 2% away from this target, which it calls the 'Alchemy of 5%'.

Bitmine's treasury also includes other assets such as BTC, cash, and marketable securities, totaling $17.2 billion in value. The company has staked a significant portion of its Ethereum holdings, with 84% worth around $13.7 billion.

'Bitmine has staked more ETH than other entities in the world,' said Tom Lee. 'Our track record is unmatched by any public company in the world.'