BitMine Immersion Reveals Over 2.83 Million ETH Holdings and $13.4 Billion in Total Assets
BitMine Immersion's Significant Contribution to the Crypto Market
Introduction
In a notable announcement, BitMine Immersion Technologies (BMNR) has reported holdings of over 2.83 million Ethereum (ETH) tokens and a total asset value reaching $13.4 billion. This accomplishment positions BitMine as a leading player in the landscape of cryptocurrency treasury management, with aspirations to optimize its market presence significantly.
BitMine’s ETH Holdings
As of October 5, 2025, BitMine holds approximately 2,830,151 ETH, valued at around $4,535 per token. This remarkable asset accounts for over 2% of the total ETH supply, showcasing BitMine's aggressive strategy in the digital currency market. In addition to its Ethereum holdings, the company's portfolio comprises 192 Bitcoin (BTC) and a significant stake in Eightco Holdings worth $113 million. Moreover, BitMine maintains unencumbered cash reserves amounting to $456 million. These diversified assets reflect a robust financial strategy aiming for sustainable growth in this volatile market.
Market Positioning
BitMine has surged to become the 28th most traded stock in the U.S., averaging a striking trading volume of $2.5 billion daily. This activity places BitMine ahead of prominent brands, including Nike and JPMorgan, underscoring its status in financial markets. The company's successful navigation through crypto investments and its subsequent trading strategies have attracted a notable list of institutional investors. These include well-known figures like Cathie Wood of ARK, Thomas