BitMine's Ethereum Treasury Surpasses 5 Million ETH Holdings
BitMine's Ethereum Treasury has grown significantly after acquiring 53,501 ETH over the past week, raising its total holdings to 5,901,112 ETH. The company now holds approximately $14.8 billion worth of Ethereum, based on current market prices near $2,511 per ETH.
This latest purchase extends BitMine's Ethereum accumulation strategy that began in June 2025, marking the company's 65th consecutive week of adding ETH to its treasury. As a result, BitMine now holds the largest corporate Ethereum position globally.
BitMine also reported $15.6 billion in total crypto and cash assets as of August 30, with cash and marketable securities accounting for $541 million of the total balance. The company values the staked ETH position at nearly $12.7 billion, with annual staking revenue projected to be around $335 million based on a seven-day annualized yield of 2.63%.