BitMine Immersion Surpasses 2.83 Million ETH Tokens and $13.4 Billion in Crypto and Cash Holdings

BitMine Immersion Achieves Major Financial Milestone

BitMine Immersion Technologies (BMNR), a prominent player in the cryptocurrency space, has recently made headlines by announcing that its ETH holdings have surpassed 2.83 million tokens. In addition to this substantial Ethereum stash, the company's total cryptocurrency and cash holdings have reached an impressive $13.4 billion as of October 5, 2025. This milestone is the result of BitMine's long-term strategy focused on the accumulation of cryptocurrencies, particularly Bitcoin and Ethereum, for investment purposes.

As of the announcement, BitMine has secured over 2% of the total ETH token supply, getting closer to its ambitious goal known as the “Alchemy of 5%,” which aims to acquire 5% of the circulating ETH supply. Such substantial holdings have propelled BitMine to the forefront of the crypto treasury sector, setting it apart from competitors in terms of growth rates of crypto net asset value (NAV) per share and liquidity in stock trading.

Crypto Holdings Breakdown

The current assets of BitMine include an astounding 2,830,151 ETH, with a valuation based on a market price of $4,535 per ETH (according to Bloomberg), 192 Bitcoin (BTC), an investment stake worth $113 million in Eightco Holdings (NASDAQ: ORBS), and an impressive $456 million cash reserve. This diverse portfolio solidifies BitMine's position as the leading Ethereum asset manager and ranks it as the second largest in global asset management, only behind Strategy Inc (MSTR), which holds 640,031 BTC valued at $79 billion.

During the recent Token2049 event in Singapore, the BitMine team engaged with industry pioneers and Ethereum core developers, showcasing its commitment to remaining at the forefront of the blockchain and cryptocurrency sectors. Key figures such as Thomas “Tom” Lee of Fundstrat, who serves as the Chairman of BitMine, emphasized the company's strong foundation and the potential long-term growth of Ethereum and AI-driven investment strategies.

Liquid Stock Performance

BitMine has become one of the most actively traded stocks in the United States, with an average daily trading volume of $2.5 billion, ranking as the 28th most traded stock in the nation. This performance notably places it ahead of major corporations like Nike and below JPMorgan. The high liquidity of BitMine shares highlights the growing faith investors have in its strategies and future endeavors within the crypto treasury sector.

Lee expressed confidence in Ethereum’s trajectory, calling it one of the most significant macro-trading opportunities for the next 10 to 15 years. He pointed out that the entry of Wall Street into blockchain technology, alongside advancements in artificial intelligence, is likely to bring about transformative changes in the financial system, with most developments centered around Ethereum.

Future Outlook

The establishment of the GENIUS Act and the SEC's crypto project marks a pivotal moment for financial services, suggesting a transformation of the investment landscape akin to the dismantling of the gold standard by the United States in 1971. This change laid the groundwork for the modern financial landscape we've come to know today.

BitMine remains committed to leveraging its unique position within the cryptocurrency market and is determined to expand its ETH holdings under its ongoing “Alchemy of 5%” strategy. The accumulation of large Ethereum holdings is expected to benefit major investors in the long term, making this stock a promising option for those interested in the evolving dynamics of cryptocurrency investments.

For more information regarding BitMine’s strategic initiatives and investor relations, please visit their website.