BitMine Increases ETH Holdings by 317,000 Coins in One Week, Total Holdings Surpass $4.96 Billion, Making It the World's Third-Largest HODLer

By: theblockbeats.news|2025/08/11 20:22:03

BlockBeats News, August 11th, according to prnewswire, the US stock Ethereum strategy company BitMine Immersion Technologies (stock code: BMNR) announced today that its Ethereum (ETH) holdings have exceeded $4.96 billion. As of 10:59 PM EST on August 10th, the company holds 1,150,263 ETH (price $4,311 per unit, data source: Bloomberg), becoming the world's largest ETH reserve entity.

The company stated that since initiating the ETH reserve strategy on June 30th (with delivery completed on July 8th), BitMine has achieved several key breakthroughs in five weeks: not only establishing the world's largest ETH reserve, but also rising to become the world's third-largest crypto asset holder with a total encrypted asset size of over $49.8 billion, second only to MicroStrategy and Mara Blockchain.

Thomas "Tom" Lee, Chairman of the BitMine Board of Directors and Fundstrat analyst, known as the "Ethereum Bull Leader" of this bull market, stated: "The company increased its ETH holdings from 833,000 to 1.15 million coins in a week (value surged from $2.9 billion to $4.96 billion), rapidly advancing its Ethereum strategy. We are leading the industry in both per-share crypto asset net worth growth and stock liquidity."

-- Price

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