Amid the growing institutional interest in cryptocurrencies, BitMine Immersion Technologies has reported a significant increase in its assets and strategic plans focusing on Ethereum.
BitMine's Crypto and Cash Holdings
As of September 14, 2025, the total value of BitMine Immersion Technologies' crypto and cash holdings reached approximately $10.771 billion. The core of this treasury consists of 2,151,676 Ethereum (ETH) tokens, making BitMine a leading Ethereum holder globally, aiming for an acquisition of 5% of the total ETH supply.
Other assets include 192 Bitcoin and strategic investments in Eightco (NASDAQ:ORBS) valued at $214 million. Additionally, the treasury benefits from $569 million in unencumbered cash, providing liquidity for future operations and acquisitions.
BitMine's Market Performance and Institutional Backing
BitMine Immersion Technologies has established itself as a highly liquid and widely traded stock, boasting an average daily trading volume of $2.0 billion. According to Fundstrat data as of September 12, 2025, BitMine ranks as the 28th most traded stock among 5,704 listed stocks in the U.S., supported by notable institutional investors including ARK's Cathie Wood.
Frequently Asked Questions about BitMine's Strategy
BitMine's decision to focus on Ethereum instead of Bitcoin stems from the belief of its leadership that Ethereum will be the primary beneficiary of the convergence of Wall Street and AI on the blockchain. The ‘alchemy of 5%’ is the firm's long-term goal of acquiring 5% of Ethereum’s circulating supply, aimed at creating economic security for the asset.
The announcement from BitMine Immersion Technologies marks a critical step towards institutional adoption of digital assets. With total holdings nearing $11 billion and a focused Ethereum accumulation strategy, the company positions itself as a key player in a transforming market environment.
