BitMine Immersion Technologies announced significant growth in its Ethereum assets. As of August 10, 2025, the company reported that its Ethereum holdings surpassed 1.15 million tokens, equivalent to over $4.96 billion.
Growth of BitMine's Ethereum Portfolio
Within a week, the value of BitMine’s Ethereum portfolio surged by $2 billion, growing from 833,137 ETH valued at $2.9 billion to 1.15 million ETH worth $4.96 billion. "In just a week, BitMine increased its ETH holdings by $2.0 billion to $4.96 billion (from 833,137 to 1.15 million tokens), lightning speed in the company's pursuit of the 'alchemy of 5%' of ETH," said Thomas "Tom" Lee, Chairman of BitMine's Board of Directors.
BitMine's Market Position
At the time of the announcement, Ethereum was priced at $4,311, making BitMine the world’s largest Ethereum holder and the third-largest cryptocurrency treasury behind MicroStrategy and Mara Blockchain. Today, BitMine’s shares rank among the top 25 most liquid stocks in the U.S., with an average daily trading volume of $2.2 billion.
Support from Institutional Investors
The company is backed by prominent institutional investors including ARK Invest led by Cathie Wood, Pantera Capital, Digital Currency Group, and Galaxy Digital. This investment support bolsters BitMine's market position and its visibility in the public cryptocurrency sector.
Thus, BitMine Immersion Technologies demonstrated impressive results in the Ethereum market, significantly increasing its assets in less than two months. Support from major institutional investors also serves as a testament to the trust in the company and its cryptocurrency strategies.
