BitMine Immersion Achieves Key Milestone with Over $12.9 Billion in Crypto Holdings
BitMine Immersion: A Leader in Cryptocurrency Holdings
BitMine Immersion Technologies, also known as BMNR, has recently made headlines by announcing its cryptocurrency holdings have surpassed a staggering $12.9 billion. This impressive figure includes more than 3 million ETH tokens, marking BitMine as a significant player within the cryptocurrency landscape. The company's control now extends to over 2.5% of the total circulating supply of ETH, and it is rapidly moving towards its ambitious goal of 5%.
Recent Achievements and Strategic Positioning
As of October 12, 2025, BitMine reported ownership of 3,032,188 ETH valued at $4,154 each (as per Bloomberg reports), along with 192 BTC and significant investments in Eightco Holdings worth $135 million, coupled with liquid assets of $104 million unencumbered cash. Perhaps equally notable is the company's standing as the number one Ethereum treasury, only second to Strategy Inc (MSTR), which holds 640,031 BTC valued at $73 billion.
“Recent market corrections have allowed BitMine to leverage its buying power effectively,” states **Thomas