BitMine Immersion Technologies has made an announcement regarding its crypto holdings, totaling $10.8 billion, including over 2.15 million Ethereum tokens, setting a record as the largest Ethereum treasury globally.
Company Overview
As of September 14, 2025, BitMine Immersion Technologies, known as the 'Ethereum-focused MicroStrategy', announced that its total crypto and cash holdings exceed $10.8 billion, placing them at the top of the list for the largest Ethereum treasuries.
Strategy and Investor Support
The announcement includes over 2,151,676 ETH tokens among their assets. BitMine is supported by notable investors like ARK Invest and Kraken, aiming to acquire 5% of all circulating ETH. ARK Invest CEO Cathie Wood stated, 'Our investment in BitMine reflects a broader confidence in Ethereum as a foundational asset for the future of tech.'
Market Impact on Ethereum
The disclosure of these holdings could significantly impact the Ethereum market, potentially altering liquidity by consolidating a substantial portion of the circulating tokens. An analyst from Digital Currency Group noted, 'BitMine's ambition to acquire 5% of all circulating ETH underscores the increasing institutional interest in this ecosystem.'
In conclusion, the actions of BitMine Immersion Technologies could shift the balance of supply and demand in the Ethereum market, increasing institutional investor interest and introducing new dynamics.
