BitMine accumulates US$ 2,2 billion in Ethereum (ETH) and leads the global ranking
- BitMine leads Ethereum corporate rankings in 2025
- Companies already control more than US$12 billion in ETH
- Ethereum gains ground as a reserve in corporate treasuries
BitMine Immersion Technologies (BMNR) announced that its total cryptocurrency and cash reserves reached $8,82 billion, following a week marked by strong market activity. This result placed the company at the top of the list of corporations with the largest exposure to Ethereum (ETH).
According to the updated balance sheet, BitMine holds 1.713.899 ETH, valued at approximately US$7,9 billion. It also holds 192 bitcoins and US$562 million in cash, bringing its total assets close to a market capitalization of US$9,2 billion. At the time of publication, Ethereum is trading at US$4.442,85, down 6% in the last 24 hours.
The move reinforces the company's strategy, launched in June, of concentrating its treasury on Ethereum. In recent weeks, acquisitions have intensified, with the inclusion of more than 190.000 ETH in the last week alone, representing an increase of US$2,2 billion in cryptocurrencies and cash. Management reiterated its goal of reaching up to 5% of the Ethereum network's circulating supply.
This advance comes in parallel with the strengthening of other ETH-backed corporate bonds. ETHZilla, a fund backed by Peter Thiel, increased its holdings to over 102.000 ETH. SharpLink Gaming recently announced a $667 million acquisition to bolster its digital asset portfolio.
It's estimated that publicly traded companies collectively hold over $12 billion in Ethereum, representing about 2% of the total supply of 120,7 million tokens. This movement demonstrates how ETH is beginning to gain a foothold, similar to Bitcoin, as a strategic asset in corporate treasuries.
BitMine also highlighted that it now ranks as the second-largest digital asset manager in the world, trailing only Strategy (MSTR), led by Michael Saylor, with over 632.000 BTC. Another point highlighted by the company is the liquidity of its shares, which register an average daily volume of US$2,8 billion, placing BMNR among the most traded cryptocurrency-related stocks in the United States.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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