BitMine Surpasses 6 Million ETH in Holdings Amid Ongoing Accumulation Strategy

BitMine Immersion Technologies has made significant strides in its Ethereum holdings, surpassing 6 million tokens. The company acquired an additional 17,362 ETH over the past week, bringing its total to 6,001,302 ETH.

This represents approximately 4.9% of Ethereum's stated circulating supply, which is roughly 122.1 million tokens. BitMine has been actively accumulating ETH since June 30, 2025, with Chairman Tom Lee stating that the company has purchased ETH during every week since launching its strategy.

BitMine's treasury now holds over $17.2 billion in combined crypto, cash, securities, and other investments. The company remains about 103,698 ETH short of its target of owning 5% of Ethereum's supply, which would equal approximately 6.105 million tokens.