{"id":6689,"date":"2025-08-04T13:50:00","date_gmt":"2025-08-04T13:50:00","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitmine-claims-global-ethereum-treasury-title-with-2-9b-in-holdings\/"},"modified":"2025-08-04T13:50:10","modified_gmt":"2025-08-04T13:50:10","slug":"bitmine-claims-global-ethereum-treasury-title-with-2-9b-in-holdings","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitmine-claims-global-ethereum-treasury-title-with-2-9b-in-holdings\/","title":{"rendered":"BitMine claims global Ethereum treasury title with $2.9b in holdings"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">BitMine Immersion is executing one of crypto\u2019s most aggressive accumulation plays, amassing 833,137 ETH worth $2.9 billion in just five weeks. The staggering haul now positions the firm as the single largest corporate holder of Ethereum worldwide.<\/p>\n<div id=\"cn-block-summary-block_e5fdc39c7537a794c43422abec909ea8\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>BitMine Immersion has become the world\u2019s largest corporate holder of Ethereum, acquiring 833,137 ETH worth $2.9B in just 35 days.<\/li>\n<li>Trading volume in BitMine stock has surged to rival major equities, signaling strong institutional belief in its Ethereum-centric pivot.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>In a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-eth-holdings-exceed-833-000-tokens-valued-in-excess-of-2-9-billion-and-largest-eth-treasury-in-world-302520506.html\" target=\"_blank\">press release<\/a> dated August 4, BitMine Immersion Technologies announced its Ethereum (ETH) treasury had ballooned to 833,137 ETH, surpassing all other publicly traded companies in total holdings.<\/p>\n<p>The company, which only began its ETH accumulation strategy in late June, achieved the milestone at breakneck speed, adding an average of nearly 24,000 ETH per day. At current prices, the stash accounts for roughly 0.7% of Ethereum\u2019s total circulating supply, putting BitMine on course to achieve its stated goal of amassing 5% of the asset.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cBitMine moved with lightning speed in its pursuit of the \u2018alchemy of 5%\u2019 of ETH growing our ETH holdings to over 833,000 from zero 35 days ago,\u201d Thomas Lee, Chairman of BitMine\u2019s Board of Directors, said. \u201cWe have separated ourselves among crypto treasury peers by both the velocity of raising crypto NAV per share and by the high liquidity of our stock.\u201d<\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Why BitMine is betting big on Ethereum.<\/strong><\/h2>\n<p>BitMine\u2019s aggressive accumulation strategy appears to be driven by the conviction that staking will soon become one of the most dependable sources of return in digital markets. Chairman Thomas emphasized in the press release that once staking begins, BitMine\u2019s earnings profile will shift dramatically, positioning the company to bolster shareholder value in a manner following Michael Saylor\u2019s Strategy.<\/p>\n<p>Investors appear to be aligned with the vision. Per the press release, BitMine\u2019s stock (BMNR) has become one of the most actively traded equities in the U.S., with $1.6 billion in average daily volume over the past five days, rivaling blue chips like Uber.<\/p>\n<p>At the same time, high-profile backers are doubling down: Peter Thiel-linked entities acquired a 9.1% stake earlier this month, while Cathie Wood\u2019s ARK Invest has been accumulating shares at a breakneck pace.<\/p>\n<p>Last week, ARK scooped up an additional $17 million in BMNR stock across its flagship ETFs, adding to the $20 million purchase four days prior and a $182 million buy the week before. The buying spree suggests institutional conviction in BitMine\u2019s ability to execute its Ethereum strategy where others have hesitated.<\/p>\n<p>Meanwhile, SharpLink, BitMine\u2019s closest rival in corporate ETH accumulation, holds 480,031 ETH, worth $1.65 billion, after adding $54 million worth on August 3.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion is executing one of crypto\u2019s most aggressive accumulation plays, amassing 833,137 ETH worth $2.9 billion in just five weeks. The staggering haul now positions the firm as the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=6689"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6689\/revisions"}],"predecessor-version":[{"id":6690,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6689\/revisions\/6690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6610"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=6689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=6689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=6689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}