BitMine’s $2.9B Ethereum Treasury Grows Rapidly, Potentially Targeting 5% of ETH Supply

• BitMine amassed 833,137 ETH in 35 days, marking a rapid institutional accumulation of Ethereum assets.

• Supported by investors like Bill Miller III and ARK Invest, BitMine’s ETH strategy gains strong institutional momentum.

• With $1.6 billion daily stock volume and upcoming ETH staking, BitMine mirrors early MicroStrategy’s aggressive crypto growth.

BitMine leads ETH treasury growth with $2.9B holdings and $757.5M purchase, backed by top investors. Discover how BitMine sets new crypto standards today.

How BitMine Achieved the Largest Ethereum Treasury in Just 35 Days

BitMine Immersion Technologies executed a remarkable acquisition of 208,137 ETH worth $757.5 million, bringing its total Ethereum holdings to 833,137 ETH valued at over $2.9 billion as of August 3, 2025. This rapid accumulation, completed within 35 days, positions BitMine as the largest ETH treasury globally and the third-largest crypto treasury overall. The company’s bold goal is to hold 5% of the total ETH supply, signaling a strong institutional commitment to Ethereum’s future.

Which Institutional Investors Support BitMine’s ETH Strategy?

BitMine’s aggressive ETH accumulation attracted prominent backers including Bill Miller III, ARK Invest, Founders Fund, Pantera Capital, Kraken, DCG, and Galaxy Digital. Bill Miller III highlighted the company’s potential profitability once ETH staking is activated. Thomas “Tom” Lee, BitMine’s Chairman, praised the swift growth, emphasizing the company’s move from zero to over 833,000 ETH in just over a month. This backing underscores BitMine’s growing influence in the institutional crypto landscape.

What Role Does ETH Staking and Liquidity Play in BitMine’s Growth?

In addition to expanding its Ethereum treasury, BitMine plans to launch ETH staking soon, which will generate a steady revenue stream. Operating in energy-efficient regions like Texas and Trinidad provides BitMine with a competitive edge in operational costs. The company’s high liquidity, demonstrated by a $1.6 billion average daily stock volume, supports its aggressive growth strategy and reflects strong market confidence, paralleling MicroStrategy’s early Bitcoin accumulation approach.

Why Is BitMine’s ETH Treasury Strategy Significant for Crypto Markets?

BitMine’s rapid accumulation and institutional backing highlight a shift toward blockchain-based financial systems on Wall Street. By targeting 5% of the total ETH supply and preparing for ETH staking, BitMine sets a new benchmark for crypto treasury management. This strategy not only strengthens Ethereum’s market position but also signals growing institutional confidence in decentralized finance infrastructure.

Frequently Asked Questions

How much ETH has BitMine purchased recently?

BitMine recently acquired 208,137 ETH worth $757.5 million, contributing to its total holdings of 833,137 ETH.

Why is BitMine’s ETH strategy attracting institutional investors?

Institutional investors support BitMine’s strategy due to its rapid growth, strong backing, and plans for ETH staking, which promise profitability and market influence.

Key Takeaways

• Record ETH Accumulation: BitMine amassed 833,137 ETH in 35 days, becoming the largest ETH treasury globally.
• Strong Institutional Support: Backed by Bill Miller III, ARK Invest, and others, BitMine’s strategy gains credibility.
• Future Growth via ETH Staking: Upcoming staking initiatives will generate revenue and enhance treasury value.

Conclusion

BitMine’s unprecedented $2.9 billion Ethereum treasury and recent $757.5 million purchase demonstrate a bold institutional move in crypto markets. Supported by top investors and poised to launch ETH staking, BitMine is setting new standards for crypto treasury strategies and signaling growing confidence in Ethereum’s long-term potential.

BitMine stuns markets with $757.5M ETH buy, amassing $2.9B in holdings and setting new crypto treasury standards with bold 5% ETH goal.

• BitMine becomes world’s largest ETH treasury with $2.9B in holdings after acquiring 833,137 ETH in just 35 days with bold ambition.

• Backed by Bill Miller III, ARK, and Pantera, BitMine’s ETH strategy gains institutional traction as it targets 5% of total ETH supply.

• BitMine’s $1.6B daily stock volume and upcoming ETH staking signal aggressive growth as it mirrors MicroStrategy’s early BTC path.

A major shakeup just hit the crypto markets as BitMine Immersion Technologies (NYSE AMERICAN: BMNR) made a staggering move. The company bought an additional 208,137 ETH worth $757.5 million. This acquisition makes BitMine the largest Ethereum (ETH) treasury holder in the world. 

The company’s total ETH holdings now stand at 833,137 ETH, valued at over $2.9 billion as of August 3rd, 2025. This bold move took just 35 days to execute, creating a wave of institutional excitement.

The purchase happened as BitMine races toward a bold goal: acquiring 5% of the total ETH supply. The move positions BitMine as the third-largest crypto treasury globally—only behind MicroStrategy and Marathon Digital Holdings. This news also propelled BitMine into the spotlight as the 42nd most traded stock in the U.S., with a daily trading volume averaging $1.6 billion.

Institutional Titans Back BitMine’s ETH Play

BitMine’s aggressive strategy attracted high-level backers. Iconic investor Bill Miller III has taken a significant stake in the company. He now joins a powerful lineup including Cathie Wood’s ARK Invest, Founders Fund, Pantera Capital, Kraken, DCG, and Galaxy Digital.

“I first invested in Microstrategy in late 2020… BitMine is set to be very profitable once the Company turns on ETH staking,” said Miller.

Moreover, Thomas “Tom” Lee, Chairman of BitMine and a renowned crypto bull, emphasized their strategy. “BitMine moved with lightning speed… growing our ETH holdings to over 833,000 from zero in 35 days,” Lee said.

BitMine launched its Ethereum treasury strategy on June 30, and closed its initial phase by July 8. This rapid action shows strong intent to dominate Ethereum infrastructure as Wall Street moves toward blockchain-backed financial systems.

Staking and Liquidity Bring Added Value

Besides treasury expansion, BitMine plans to begin ETH staking soon. This will introduce a consistent source of revenue. Additionally, the company’s operations in low-cost regions like Texas and Trinidad give it a major energy advantage.

BitMine’s explosive growth and high liquidity have created serious buzz. Its performance mirrors the early days of MicroStrategy’s Bitcoin play. With ETH staking ahead and institutional firepower backing it, BitMine may just be setting the new standard for crypto treasury strategies.