In brief
- BitMine Immersion Technologies added $1.7 billion in ETH in the last week.
- The firm now holds more than 1.5 million ETH, or greater than 1% of the total Ethereum supply.
- Shares of BMNR are trading down 3.7% on the day, but still outperforming ETH.
BitMine Immersion Technologies added $1.7 billion or more than 373,000 Ethereum to its treasury last week, bringing its total holdings to more than 1% of the total ETH supply.
BitMine now holds $6.6 billion in Ethereum, and is the second largest cryptocurrency treasury, based on data provided by treasury firms.
“In just a week, BitMine increased its ETH holdings by $1.7 billion , as institutional investors have expressed interest and support for our pursuit of the ‘alchemy of 5%’…
Aug 19 2025
