BitMine Immersion Reaches Significant ETH Holdings with $11.6 Billion in Crypto Assets

BitMine Immersion Achieves Major Milestone in ETH Accumulation

On September 30, 2025, BitMine Immersion Technologies (BMNR), a prominent Bitcoin and Ethereum network company, made headlines by announcing it holds over 2.65 million ETH tokens, valued at approximately $4.1 billion per token. This total forms part of a staggering $11.6 billion portfolio, which includes cryptocurrency assets, cash reserves, and other investments. This strategic accumulation positions BitMine as one of the leading Ethereum custodians globally.

A Look at BitMine's Assets

As of late September 2025, BitMine's cryptocurrency holdings break down as follows:

- 2,650,900 ETH tokens
- 192 Bitcoin (BTC)
- $436 million in unallocated cash
- An investment interest valued at $157 million in Eightco Holdings (NASDAQ ORBS)

BitMine has successfully become the largest holder of ETH tokens worldwide and secures the second-largest collection of cryptocurrency wealth, trailing only behind Strategy Inc (MSTR), which boasts a BTC collection worth $71 billion.

The Pursuit of 5% Ownership in ETH

BitMine's strategic vision includes acquiring 5% of all ETH tokens in circulation, a lofty goal termed the 'alchemy of 5%.' This target reflects the company's commitment to securing a robust position in the cryptocurrency market as it recognizes Ethereum's pivotal role in the evolving financial landscape.

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