BitMine Holds Over 2.83 Million ETH

BitMine Immersion Technologies Expands Ethereum Holdings

BitMine Immersion Technologies announced on October 6, 2025, that it holds over 2.83 million ETH, ranking among the largest Ethereum treasuries globally.

This substantial accumulation reflects institutional interest in Ethereum, impacting liquidity, staking, and potentially driving further corporate ETH investments.

BitMine Controls 2.83 Million ETH, 2% of Supply

BitMine Immersion Technologies has declared holding over 2.83 million ETH as of October 6, 2025. This represents more than 2% of the total Ethereum supply, positioning BitMine among the worldโ€™s largest Ethereum treasuries. BitMine Immersion adds $821M in Ether, total holdings now $13.4B

Led by Thomas Lee, BitMineโ€™s strategy, named โ€œAlchemy of 5%,โ€ targets controlling up to 5% of ETH supply. This substantial acquisition marks a continued trend of institutional interest in digital assets.

Liquidity and Staking Flows Set to Shift

BitMineโ€™s significant ETH holding could affect liquidity and staking flows, with broader implications for institutional narratives. The firmโ€™s digital asset reserves now exceed $13.4 billion, including cash and Bitcoin, highlighting its robust financial positioning. BitMine Immersion boosts ETH holdings to $13.4B with new investment

Investors might anticipate shifts in ETH staking yieldsโ€”currently between 3% and 5%โ€”due to BitMineโ€™s involvement. This institutional movement into Ethereum treasuries can benefit DeFi systems, though exact impacts on trading volumes and TVL remain unspecified.

BitMine Mirrors Bitcoin Strategy with Largest ETH Treasury

This mirrors the corporate treasury trend seen with companies like MicroStrategy in relation to Bitcoin. BitMine now holds the largest public ETH treasury, paralleling past actions that heightened institutional focus on digital assets.

Experts, reflecting on past trends, suggest these large-scale acquisitions often boost Ethereumโ€™s institutional asset status and DeFi ecosystems. The potential long-term effects include increased institutional stakes and strengthened Ethereum-based financial technologies. โ€œOur strategic accumulation reflects a commitment to institutional-grade holdings in Ethereum, aiming to harness the potential of digital assets.โ€ โ€” Thomas Lee, CEO, BitMine Immersion Technologies

Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.