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Bitmine's Ethereum Holdings Soar Past $5B as Price Jumps 30% in a Week

Guavy AI Editorial Team
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Bitmine Immersion Technologies has expanded its Ethereum holdings to 5.847611 ETH, accounting for approximately 4.8% of Ethereum's 120.7 million ETH supply.

This move brings Bitmine close to its ambitious 'Alchemy of 5%' target and marks a significant milestone in the company's treasury strategy.

At $2,440 per ETH, its Ethereum holdings are worth around $14.3 billion, with combined crypto, cash, marketable securities, and 'moonshots' holdings totaling $14.9 billion.

The recent 30% price surge of Ethereum has led Bitmine to buy an additional 32,447 ETH, bringing its total purchases since June 30, 2025, to a substantial amount.

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