BitMine has expanded its Ethereum treasury to 1,718,770 ETH (≈ $7.65B), becoming the world’s largest ETH holder after adding 4,871 ETH this week; the company’s crypto-plus-cash NAV per share rose to $39.84, driven by institutional inflows and sustained accumulation.
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BitMine added 4,871 ETH, bringing holdings to 1,718,770 ETH valued at $7.65B.
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NAV per share climbed to $39.84 from $22.84 on July 27, according to Fundstrat data.
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Five-day average daily trading volume reached $2.8B, ranking BitMine 20th among U.S.-listed equities.
BitMine Ethereum treasury expands to 1.72M ETH ($7.65B) — see NAV impact and market rank; read analysis and takeaways.
BitMine expands its Ethereum treasury to 1.72M ETH worth $7.65B, ranking as the world’s largest ETH holder.
- BitMine added 4,871 ETH worth $21.28M, bringing total holdings to 1,718,770 ETH valued at $7.65B.
- The firm’s NAV per share rose to $39.84, nearly doubling from $22.84 since July 27, according to Fundstrat data.
- BitMine’s stock traded $2.8B daily volume, ranking 20th in U.S. markets, ahead of JPMorgan and Palo Alto Networks.
BitMine has strengthened its position as the largest Ethereum holder globally after acquiring another 4,871 ETH worth $21.28 million. Lookonchain data shows the purchase raised the firm’s total Ethereum balance to 1,718,770 ETH, now valued at approximately $7.65 billion.
The latest acquisition followed a larger buy of 190,526 ETH, worth $883 million, completed less than a day earlier. These consecutive purchases reflect a coordinated treasury accumulation strategy executed while Ethereum’s market price has risen in recent months.
What is BitMine’s current Ethereum treasury size and valuation?
BitMine’s Ethereum treasury stands at 1,718,770 ETH, valued at about $7.65 billion after recent purchases. The company added 4,871 ETH (~$21.28M) this week, following a 190,526 ETH (~$883M) acquisition the previous day, increasing its on-chain concentration materially.
How has BitMine’s NAV per share changed and what drove the increase?
BitMine’s crypto-plus-cash net asset value (NAV) per share rose to $39.84 from $22.84 on July 27, calculated by dividing total crypto and cash assets by fully diluted shares outstanding (221,515,180 shares). Fundstrat data and comments from Thomas Lee indicate institutional inflows primarily supported this NAV expansion.
Why does BitMine rank as the largest institutional Ethereum holder?
BitMine’s on-chain balance of 1.72 million ETH places it ahead of all other declared institutional treasuries. Public on-chain analytics (Lookonchain) and company disclosures show no other institution has reported larger ETH reserves, making BitMine the leading institutional ETH holder by token count and valuation.
What is the market impact and trading liquidity of BitMine shares?
BitMine’s stock averaged $2.8 billion in daily trading volume over a recent five-day period ending August 24, ranking it 20th among U.S.-listed equities. That liquidity level positioned the company above several major financial and technology firms, indicating heightened market attention and active institutional participation.
Frequently Asked Questions
How many ETH did BitMine recently purchase and what was the value?
BitMine added 4,871 ETH worth approximately $21.28 million, following an earlier acquisition of 190,526 ETH valued at about $883 million, according to on-chain records and company disclosures.
Who provided the NAV per share data and what does it mean?
The NAV per share figures are reported based on Fundstrat analysis and company statements. NAV divides total crypto and cash assets by fully diluted shares outstanding to show per-share asset backing.
Key Takeaways
- Largest institutional ETH holder: BitMine now holds 1,718,770 ETH (~$7.65B), topping all declared Ethereum treasuries.
- NAV surge: Crypto-plus-cash NAV per share rose to $39.84, signaling strong asset appreciation and inflows.
- High liquidity: Market trading volume averaged $2.8B daily, ranking the stock among the most liquid U.S.-listed equities.
Conclusion
BitMine’s continued Ethereum accumulation has established it as the world’s largest institutional ETH holder, with a 1,718,770 ETH treasury valued around $7.65B and a NAV per share of $39.84. Fundstrat and on-chain analytics such as Lookonchain validate these figures. Investors and market watchers should monitor further treasury purchases and institutional flows for implications on liquidity and valuation. For ongoing coverage and company updates, follow COINOTAG reporting.
Published: 2025-08-26 | Updated: 2025-08-26 | Author: COINOTAG
