Bitmine Swells Ether Holdings with $11 Billion Investment

Bitmine, the world's largest corporate holder of Ether, has increased its total holdings to over 5.81 million ETH after purchasing 9,926 more tokens in a single week.

This brings Bitmine's overall stake to 4.8% of Ether's circulating supply of 120.7 million tokens.

Bitmine's crypto, cash, marketable securities and strategic investment assets totaled $11.4 billion as of August 17, according to a PR Newswire release.

The company has been actively purchasing Ether every week for about 14 months since launching its Ethereum treasury strategy on June 30, 2025, with the goal of acquiring 5% of all ETH.