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Bitmine now holds 1.86m eth, about 1.5% of all ether


Bitmine Immersion Technologies, a publicly exchanged Bitcoin mining company and Ether Treasury, said it holds nearly 1.9 million ETHs – with more than 1.5% of all circulating ether.

According to a Tuesday announcement, Bitmine holds 1,866,974 ether (Eth) or nearly 1.55% of the entire ETH supply, 192 Bitcoin (Btc) and flawless cash of $ 635 million. This results in a combined total capital of $ 8.98 billion.

According to the Strategic Eth Reserve DataBitmine is currently the largest corporate ether treasury in the world, holding ETH holdings worth more than $ 8.1 billion. The second largest treasury is the Sharpink Gaming, with 797,700 ETH, worth approximately $ 3.43 billion.

Bitmine immersion technologies ether holdings chart. Source: Strategic Eth Reserve

The market seems to respond well to the announcement, with stock trading at $ 44.13 at the time of writing, after increasing 1.12% on the day of trading, according to Google Finance Data. Stock was also up to 41% last month, from August 4 prices of $ 31.13.

Bitmine Immersion Technologies’ Stock Chart. Source: Finance on Google

Related: Who owns the most ether in 2025? The ETH RICH list, expressed

Bitmine is on a spree purchase

The news follows a period of high activity for Bitmine. Last month, Cathie Wood’s Ark Invest bought an additional $ 15.6 million sharing in Bitmine The immersion technologies, which bring total investment to the company to over $ 300 million.

It follows Fundstrat Global Advisors Managing Partner and Bitmine Chairman Tom Lee It is said that Ether’s price is about to go down on August 26. However, Ether is about 2.5% down from the price reported on August 26th.

Ethereum seven-day chart. Source: CoinMarketCap

Lee’s statements followed Bitmine’s adding 373,000 ether to its treasury In a single week earlier in August, as its shares dropped by 14.2% at the same time.

Related: Ether Treasury climbed to $ 13B while price destroys $ 4,300

Ether Treasury is rising

Ether Treasury gets significant traction just -just. According to reports released on Tuesday, Yunfeng Financial Group, one listed in Hong Kong The company that corresponds to Alibaba founder Jack Ma, earned 10,000 ETHs worth more than $ 44 million.

Reports today also announced that the Crypto company Ether Machine earns $ 654 million in a private financing round, collecting 150,000 ether From the well -known Ethereum advocate Jeffrey Berns.