BitMine Immersion Boosts Ethereum Holdings to 3.4 Million Tokens Amid Soaring Crypto Valuations

Las Vegas, NV - November 3, 2025 - In a landmark announcement, BitMine Immersion Technologies, listed on the NYSE AMERICAN under the symbol BMNR, revealed that its Ethereum (ETH) holdings have surged to an impressive 3.4 million tokens, representing 2.8% of the total ETH supply. The company’s aggregate assets now stand at a staggering $13.7 billion, comprising both crypto and cash reserves.

As of November 2 at 7:00 PM ET, BitMine's portfolio includes 3,395,422 ETH, valued at approximately $3,903 per token, along with 192 Bitcoin (BTC) and a $62 million equity stake in Eightco Holdings (NASDAQ: ORBS), referred to as 'moonshots' within their investment strategy. The firm boasts unencumbered cash reserves of $389 million, ensuring robust liquidity as it navigates a volatile market landscape.

Leading the Ethereum Treasury

BitMine has established itself as a formidable player in the cryptocurrency space, now regarded as the largest Ethereum treasury globally and the second-largest treasury by total assets. The only competitor ranked higher is Strategy Inc (MSTR), which possesses 640,808 BTC valued at $71 billion. Notably, BitMine's Ethereum holdings place it at the forefront of innovative investment strategies involving digital assets.