BitMine now owns greater than 2% of the ETH token supply as it moves towards the ‘Alchemy of 5%’
BitMine leads Crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock
BitMine Crypto + Cash Holdings + “Moonshots” total $13.4 billion, including 2.83 million ETH Tokens, unencumbered cash of $456 million, and other crypto holdings
BitMine is the 28th most traded stock in the US, trading $2.5 billion per day (5-day avg)
BitMine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support BitMine’s goal of acquiring 5% of ETH
LAS VEGAS, Oct. 6, 2025 /PRNewswire/ — (NYSE AMERICAN: BMNR) BitMine Immersion Technologies (“BitMine” or the “Company”) a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, today announced crypto BitMine crypto + cash + “moonshots” holdings totalling $13.4 billion.
As of October 5th at 1:00pm ET, the Company’s crypto holdings are comprised of 2,830,151 ETH at $4,535 per ETH (Bloomberg), 192 Bitcoin (BTC), $113 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and unencumbered cash of $456 million.
BitMine crypto holdings reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc (MSTR), which owns 640,031 BTC valued at $79 billion. BitMine remains the largest ETH treasury in the world.
“We spent the past week in Singapore at Token2049 meeting with many leaders in the crypto and blockchain industry. The BitMine team sat down with Ethereum core developers and key ecosystem players and it is clear the community is focused on enabling Wall Street and AI to build the future on Ethereum. We remain confident that the two Supercycle investing narratives remain AI and crypto. Naturally, Ethereum remains the premier choice given its high reliability and 100% uptime. These two powerful macro cycles will play out over decades. Since ETH’s price is a discount to the future, this bodes well for the token and is the reason BitMine’s primary treasury asset is ETH,” said Thomas “Tom” Lee of Fundstrat, Chairman of BitMine. “As we mentioned in our August Chairman’s message, the power law benefits large holders of ETH, hence, we pursue the ‘alchemy of 5%’ of ETH.”
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Author: Crypto Daily™
