BitMine Immersion (BMNR) ETH Holdings Exceed 833,000 Tokens, Valued in Excess of $2.9 Billion, and Largest ETH Treasury in World
BitMine Immersion Technologies (NYSE AMERICAN: BMNR) has emerged as the world's largest ETH Treasury, amassing 833,137 ETH tokens valued at over $2.9 billion in just 35 days since launching its ETH Treasury strategy. The company has attracted notable investors including Bill Miller III, Cathie Wood, and firms like MOZAYYX, Founders Fund, and Pantera.
Under the leadership of Chairman Tom Lee, BitMine has become one of the most actively traded stocks in the US, with an average daily trading volume of $1.6 billion, ranking 42nd among US-listed stocks. The company aims to acquire 5% of all ETH and plans to implement ETH staking for additional profitability.
BitMine Immersion Technologies (NYSE AMERICAN: BMNR) è diventata la più grande tesoreria al mondo di ETH, accumulando 833.137 token ETH del valore di oltre 2,9 miliardi di dollari in soli 35 giorni dal lancio della sua strategia ETH Treasury. L'azienda ha attirato investitori di rilievo come Bill Miller III, Cathie Wood e società come MOZAYYX, Founders Fund e Pantera.
Sotto la guida del presidente Tom Lee, BitMine è diventata una delle azioni più scambiate negli Stati Uniti, con un volume medio giornaliero di scambi di 1,6 miliardi di dollari, posizionandosi al 42º posto tra le azioni quotate negli USA. L'azienda mira ad acquisire il 5% di tutto l'ETH e prevede di implementare lo staking di ETH per aumentare la redditività.
BitMine Immersion Technologies (NYSE AMERICAN: BMNR) se ha convertido en la tesorería de ETH más grande del mundo, acumulando 833,137 tokens ETH valorados en más de 2.9 mil millones de dólares en solo 35 días desde el lanzamiento de su estrategia ETH Treasury. La compañía ha atraído a inversores destacados como Bill Miller III, Cathie Wood y firmas como MOZAYYX, Founders Fund y Pantera.
Bajo el liderazgo del presidente Tom Lee, BitMine se ha convertido en una de las acciones más activamente negociadas en EE.UU., con un volumen promedio diario de operaciones de 1.6 mil millones de dólares, situándose en el puesto 42 entre las acciones cotizadas en EE.UU. La empresa busca adquirir el 5% de todo el ETH y planea implementar el staking de ETH para obtener mayores beneficios.
BitMine Immersion Technologies (NYSE AMERICAN: BMNR)는 세계 최대의 ETH 금고로 부상하여, ETH 금고 전략을 시작한 지 단 35일 만에 833,137 ETH 토큰, 가치 29억 달러 이상를 모았습니다. 이 회사는 Bill Miller III, Cathie Wood, MOZAYYX, Founders Fund, Pantera와 같은 유명 투자자들을 유치했습니다.
회장 Tom Lee의 리더십 아래 BitMine은 미국에서 가장 활발히 거래되는 주식 중 하나가 되었으며, 일일 평균 거래량은 16억 달러에 달해 미국 상장 주식 중 42위를 차지하고 있습니다. 회사는 전체 ETH의 5%를 확보하는 것을 목표로 하며, 추가 수익 창출을 위해 ETH 스테이킹을 도입할 계획입니다.
BitMine Immersion Technologies (NYSE AMERICAN : BMNR) est devenue la plus grande trésorerie ETH au monde, accumulant 833 137 tokens ETH d'une valeur de plus de 2,9 milliards de dollars en seulement 35 jours depuis le lancement de sa stratégie ETH Treasury. La société a attiré des investisseurs de renom tels que Bill Miller III, Cathie Wood, ainsi que des entreprises comme MOZAYYX, Founders Fund et Pantera.
Sous la direction du président Tom Lee, BitMine est devenue l'une des actions les plus activement négociées aux États-Unis, avec un volume moyen quotidien de transactions de 1,6 milliard de dollars, se classant 42e parmi les actions cotées aux États-Unis. L'entreprise vise à acquérir 5 % de l'ensemble des ETH et prévoit de mettre en place le staking d'ETH pour accroître sa rentabilité.
BitMine Immersion Technologies (NYSE AMERICAN: BMNR) hat sich als weltweit größte ETH-Treasury etabliert und in nur 35 Tagen seit Einführung seiner ETH-Treasury-Strategie 833.137 ETH-Token im Wert von über 2,9 Milliarden US-Dollar angesammelt. Das Unternehmen hat namhafte Investoren wie Bill Miller III, Cathie Wood sowie Firmen wie MOZAYYX, Founders Fund und Pantera gewonnen.
Unter der Führung von Vorsitzendem Tom Lee ist BitMine zu einer der am aktivsten gehandelten Aktien in den USA geworden, mit einem durchschnittlichen täglichen Handelsvolumen von 1,6 Milliarden US-Dollar und belegt damit Platz 42 unter den in den USA gelisteten Aktien. Das Unternehmen strebt an, 5 % aller ETH zu erwerben und plant die Einführung von ETH-Staking zur zusätzlichen Profitabilität.
- Accumulated 833,137 ETH valued at $2.9 billion in just 35 days
- Ranks as third-largest crypto treasury globally, behind only Microstrategy and Mara Blockchain
- High trading liquidity with $1.6 billion average daily volume
- Attracted high-profile investors including Bill Miller III and Cathie Wood
- Future revenue potential through planned ETH staking operations
- Rapid accumulation of ETH exposes company to high cryptocurrency market volatility
- Significant concentration risk with single cryptocurrency (ETH) strategy
Insights
BitMine becomes world's largest ETH holder with 833,137 tokens worth $2.9B in just 35 days, attracting top investors pursuing 5% ETH ownership strategy.
BitMine Immersion (BMNR) has rapidly established itself as a major player in the crypto treasury space, accumulating an impressive
This aggressive accumulation strategy positions BitMine as the third-largest crypto treasury worldwide, trailing only MicroStrategy and Mara Blockchain. What's particularly noteworthy is the velocity of this acquisition – going from zero to over 833,000 ETH in approximately one month demonstrates exceptional execution capability and access to substantial capital.
The company's stated goal of acquiring
Beyond the treasury strategy, BitMine has become remarkably liquid in the stock market, with daily trading volume averaging
The addition of Bill Miller III as a significant investor, joining other notable names like Cathie Wood of ARK, suggests institutional confidence in BitMine's approach. The company also mentions plans to enable ETH staking, which would generate yield on their substantial holdings and potentially create a profitable operation beyond simply holding the assets.
BitMine's rapid ETH accumulation represents a fascinating corporate treasury strategy that parallels MicroStrategy's Bitcoin playbook but with several distinctive elements. The company has transformed into what essentially functions as an ETH-backed security, providing traditional market investors with Ethereum exposure through a NYSE American-listed vehicle.
The caliber of institutional investors now backing BitMine is particularly telling – names like Bill Miller III, Cathie Wood, Founders Fund, Pantera, and Galaxy Digital represent some of the most forward-thinking capital allocators in both traditional and crypto finance. This institutional validation significantly reduces perceived legitimacy risk.
BitMine's impressive
What separates BitMine from other crypto treasuries is their focus on ETH rather than BTC, positioning them to potentially benefit from Ethereum's staking yields. When the company activates staking, they could generate substantial recurring revenue from their holdings – approximately
The "alchemy of
BitMine is the largest ETH Treasury in the World
Iconic investor Bill Miller III, senior advisor to Miller Value Partners, takes significant stake in BitMine
Bill Miller III joins a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Pantera, Kraken, DCG, and Galaxy Digital to support BitMine's goal of acquiring
BitMine now 42nd most liquid US stock market, trading
BitMine launched its ETH Treasury strategy on June 30th (closing on July 8th). In the ensuing month, the Company has passed many key milestones and is now the largest ETH Treasury in the world and at over
"BitMine moved with lightning speed in its pursuit of the 'alchemy of
BitMine (ticker-BMNR) is now one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of
"I am delighted to count iconic growth investor Bill Miller III among our top investors. Bill has embraced our vision of the alchemy of
"I first invested in Microstrategy in late 2020, shortly after Michael Saylor pivoted to a Bitcoin Treasury Strategy. Tom Lee and his team have already shown the resolve to grow shareholder value in the manner following Michael's roadmap. What is intriguing is BitMine is set to be very profitable once the Company turns on ETH staking. In my experience, the best management teams make rational decisions based upon evidence, exhibit independent thinking, and allocate capital with an objective of earning returns above the cost of capital," said Bill Miller III, senior advisor to Miller Value Partners and senior advisor to Patient Capital Management.
The company recently released a corporate presentation, which can be found here: https://bitminetech.io/investor-relations/
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About BitMine
BitMine is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by our Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in
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Forward Looking Statements
This press release contains statements that constitute "forward-looking statements." The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including BitMine's ability to keep pace with new technology and changing market needs; BitMine's ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of BitMine's business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine's control, including those set forth in the Risk Factors section of BitMine's Form 10-K filed with the Securities and Exchange Commission (the "SEC") on April 3, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of BitMine's filings with the SEC are available on the SEC's website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
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SOURCE BitMine Immersion Technologies, Inc.
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