Crypto
Bitmine's $11.3 Billion Treasury Reveals 5.8M ETH Reserve
Bitmine Immersion Technologies, Inc., BMNR, has disclosed its impressive $11.3 billion asset base as of August 2, which includes a significant position in Ethereum.
The company's treasury holds an approximate valuation of $10.9 billion based on the market price of $1,880 per ETH, with 5,797,813 ETH making up 4.8% of the total 120.7 million ETH in circulation.
Bitmine has been actively accumulating Ethereum since June 30, 2025, and as of August 2, it had deployed 4,917,189 ETH into staking protocols valued at approximately $9.2 billion.