BitMine Ethereum holdings reach 6.04 million tokens
- BitMine Immersion Technologies (NYSE American:BMNR) reported Ethereum holdings of 6.04 million tokens.
- Its combined cryptocurrency, cash and marketable securities holdings reached US$15.1 billion.
- The company continues to build its Ethereum treasury as part of its digital asset strategy.
BitMine Immersion Technologies, Inc. (NYSE:BMNR) held 6,041,481 Ethereum (ETH), valued at approximately US$14.3 billion at US$2,365 per token.
The company also held 215 Bitcoin (BTC), US$582 million in cash and marketable securities, and investments in two other companies.
“We believe Bitmine is positioned to outperform the crypto bull market that we expect to be coming,” Chairman Thomas “Tom” Lee said in a statement.
BitMine staked 5,067,309 ETH, valued at approximately US$12 billion, to participate in Ethereum’s proof-of-stake network.
The company said it acquired 12,535 ETH during the week, continuing purchases made every week since launching its Ethereum treasury strategy in June 2025.
BitMine’s broader holdings totalled US$15.1 billion, including a US$180 million stake in Beast Industries and US$74 million in Eightco Holdings (NASDAQ:ORBS).
The company said it aims to acquire 5% of Ethereum’s total supply, with its 6.04 million tokens representing approximately 4.9% of circulating supply.
Following the update, ETH was trading down 0.4% at US$2,410.33.
